Obsolete IT systems are increasingly paralyzing the operations of insurance companies in Germany impacting their innovation potential and competitive position. Until now, however, many companies shied away from migrating to modern platform solutions because they seem too costly and the process too time-consuming. The question is whether is this argument still relevant?
Conclusion: All of Adacta's successfully completed projects have been developed for large insurance companies with revenues exceeding one billion EUR. Thanks to the special location advantage, the solutions remain affordable for medium-sized insurers as well.
Adacta's track record is more than a solid foundation for the coming expansion into Germany, one of the largest European insurance markets. The approximately 500 employees are looking forward to it and Zoran Slanic is also excited about finding an industry-renowned contact for the German insurance market in Alex Narings.
About Adacta Group
Adacta is a leading provider of core systems to the financial services industry with more than a decade of experience in the insurance industry. The company is headquartered in Ljubljana, Slovenia. The group has extensive international experience; it operates in nine countries across Central and Eastern Europe. The company founded in 1989 today employs 500 people. AdInsure is a single insurance software platform for property-casualty and life insurance.