DGAP-News: Stuttgarter Lebensversicherung chooses adesso solution for its new claims management system / Revenue from licences, launch and maintenance to total around EUR 1 million

Stuttgarter Lebensversicherung chooses adesso solution for its new claims management system

Revenue from licences, launch and maintenance to total around EUR 1 million

Stuttgarter Lebensversicherung a.G. (Die Stuttgarter) is replacing its existing claims management system for non-life, (third-party) liability, accident and supplemental health insurance with the adesso in|sure General Claims solution. The company has hired adesso to integrate in|sure General Claims into its current infrastructure and develop a solution for settling supplemental dental insurance claims, giving the insurance group a modern, web-based, ready-for-release claims system to supplement host-based portfolio management. Valued at around EUR 1 million, the project consists of fixed licence and maintenance revenue as well as integration and development services billed on a time and materials basis. The new solution is scheduled to go live in 2018, starting with Die Stuttgarter's supplemental dental insurance business. The company's casualty insurance business will follow at a later date.

in|sure General Claims is an important part of the cross-sector in|sure product family, which adesso is currently expanding. Already a hit with clients, the solution's components make it possible to process non-life insurance claims and have proven their merit in productive use at other insurance companies. In addition to the popular life insurance solution, which has also already been developed, the full platform of solutions will offer highly integrated products for non-life, health and car insurance. Development of the solution for the health insurance sector is scheduled for completion in 2016. Development of the solution for the non-life insurance sector is scheduled for completion in 2017.

Die Stuttgarter's hiring of adesso is further testimony to the attractiveness and future-readiness of the provider's software products and the approach that is designed to cater to all sectors of the insurance business. For Die Stuttgarter, the overall package of proven state-of-the-art software components, professional and technological expertise in the development and integration of solutions into existing systems, and experience in projects in cooperation with clients' own IT departments made all the difference.

Some 800 employees manage more than 1.2 million policies at the medium-sized insurer. With a focus on pension solutions in the life and accident insurance sectors, Die Stuttgarter is also constantly growing in the non-life, (third-party) liability and supplemental health insurance sectors.

Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: [email protected]