Aug 04, 2023
Amsterdam, Netherlands, 28.7.2023 - Adacta, a leading insurance software provider, has once again demonstrated its industry prowess by winning the 2023 XCelent Advanced Technology award for Policy Administration Systems (PAS) in EMEA Life insurers. This marks the second consecutive time that Adacta has received this prestigious accolade, underscoring its commitment to technological excellence and innovation in the insurance industry.
Celent, a prestigious research and consulting firm, bestowed the award in its ninth biennial report on policy administration systems available to life insurers in Europe, the Middle East, and Africa (EMEA). Celent's report profiled 35 systems currently being used by or marketed for EMEA life, pension, and annuities products.
Celent's recognition of Adacta is a testament to the company's ongoing commitment to improving its technology platform and delivering a modern and robust product suite. AdInsure Life has been specifically commended for its innovativeness, potential, and company’s progressive vision.
Customer feedback also played a pivotal role in this recognition. Adacta's clients have rated the company favorably, appreciating the workflow and business process design features. Amongst clients, configurability of the solution scored highest, emphasizing Adacta's commitment to flexibility and adaptability.
"We are immensely proud to be the recipients of the 2023 XCelent Advanced Technology Award and be recognized as a technology leader for the second time in a row. This award is a testament to our unwavering commitment to technological innovation and our dedication to providing our clients with superior software solutions. It's an honor to see our efforts recognized on such a prestigious platform. I extend my deepest gratitude to the entire Adacta team for their relentless dedication and hard work. This achievement is a reflection of our collective efforts and the innovative spirit that drives us."
Adacta, founded in 2018 and headquartered in Amsterdam, Netherlands, is a leading provider of enterprise software solutions. The company offers a wide range of services to help businesses streamline their operations, improve performance, and drive innovation.