Feb 04, 2022
Adacta, a leading insurance software provider, is Celent's 2021 XCelent award winner for Policy Administration Systems (PAS) in EMEA Life insurers. Adacta's flexible AdInsure insurance platform won the Advanced Technology award as Celent recognized its clear roadmap vision, the excellent balance between technology and business requirements, and rapid growth potential.
Research and consulting firm Celent published its eighth
report on policy administration systems (PAS) available to life insurers in
Europe, the Middle East, and Africa (EMEA). The report profiles 36 PAS
solutions in life, pension, and annuities products available in the EMEA
region. The solutions were analysed using Celent’s ABC methodology, which
positions and selects the winning vendors across three dimensions: Advanced
Technology, Breadth of Functionality, and Customer Base and Support.
In recent years, Adacta has already been profiled in various Celent vendor reports, as AdInsure's policy administration products also support general insurance products. In its latest outlook, Celent recognized Adacta as a winner in the Advanced Technology category that looks at everything from customer feedback on technology, integration, APIs and deployment options to code, configurability, upgrades, and much more.
Commenting on the award, Boris Bajic, CEO, Adacta, said:
“We are honoured to receive the prestigious Celent award and be recognized as a technology leader. The xCelent Advanced Technology Award is a nod to our strategy focused on providing our clients with best-in-class software and empowering insurers to embrace, keep up, and leap forward in the digital world. This is a wonderful compliment for the entire Adacta team and a perfect opportunity to thank everyone for always going above and beyond.”
This is what the report had to say about Adacta: "We think the vendor has a clear vision and roadmap for its products, creating a balance between technology and business functionality requirements. With this philosophy, we think Adacta has the potential to grow rapidly beyond its local markets."
Download the report.
Adacta is a leading software provider for the insurance industry. Our insurance platform, AdInsure, gives Life and P&C insurers a future-proof way to streamline their operations and processes. Established in 1989, we have spent decades helping insurance organizations grow their digital capabilities and drive increased profit. Our mission is simple: empower tomorrow's industry leaders to realize their potential through technology.
The AdInsure insurance platform is the digital foundation your business needs to keep up with industry changes. It connects and supports all of your teams, helping you work smarter, launch faster, and provide modern customer experiences. AdInsure combines comprehensive features in a single, unified platform built around industry best practices. It delivers an innovative environment that connects your organization with emerging technologies, service providers, partners, and clients.