25.02.2016
msg life ag DE0005130108
msg life ag: msg life awarded contract by UNIQA Asigurari de viata, Romania
DGAP-Media / 25.02.2016 / 10:11
msg life awarded contract by UNIQA Asigurari de viata, Romania
- Romanian life insurance company contracts Austrian msg life subsidiary
- Introduction of msg.Symass and msg.Sales & Service as an integrated
complete solution for sales and portfolio management
(Leinfelden-Echterdingen, 25 February 2016) - The msg life Group has
acquired the Romanian life insurance company UNIQA Asigurari de viata
(Bucharest, Romania) as a new customer for an integrated end-to-end
solution. The portfolio of UNIQA Asigurari de viata is to henceforth be
managed using msg.Symass, msg life's all-sector administration system for
small insurance companies in eastern Europe. The Web-based multichannel
platform msg.Sales & Service will additionally be used at UNIQA Asigurari
de viata to bring together the bank and broker sales channels. Furthermore,
in view of its growing contract volume, UNIQA Asigurari de viata has
arranged to have the option to upgrade to msg.Insurance Suite, the msg
Group's main solution for medium-sized and larger insurance companies. The
contractor is the msg life Group company msg life Austria Ges.m.b.H., based
in Vienna.
The life insurance company UNIQA Asigurari de viata is a subsidiary of the
Austrian UNIQA Group, one of the leading insurance groups in Austria and
also central and eastern Europe. Ahead of this decision, msg life came out
on top in a lengthy selection process, beating a number of local and
international service providers. The project work is already under way and
is scheduled for completion in summer 2016.
'msg.Symass in combination with msg.Sales & Service meets all the
requirements of a modern IT solution for an insurance company of our size.
One of the main reasons for choosing msg life was the software's user
friendliness, which allows our business divisions to make changes and
modifications without the need for additional IT development,' says the
local Chief Operating Officer of UNIQA, Wolf-Christoph Gerlach.
msg.Symass is aimed at insurance companies in eastern Europe with small
portfolios and at start-ups. msg.Symass is a lean and inexpensive
administration system that covers all the core functions of an insurance
company and which can be implemented very quickly and flexibly. It also
offers the option of a straightforward and standardised upgrade to
msg.Insurance Suite in the event of growth. msg.Symass makes it possible to
develop and launch new products within a short time to market and boasts
multi-tenancy, multilingual and multi-currency capabilities.
msg.Sales & Service is a multichannel/multi-device sales and service
platform for the fully digital handling of offers and applications, and can
be used by sales staff, brokers and end customers. The system architecture
makes all the relevant business processes available at the point of sale
using any channel or device. Based on quick and convenient customer
research, the solution offers customer-specific information, processes, and
acquisition and product data. The system can be implemented quickly and
inexpensively on the basis of a standardised customising process.
About the UNIQA Group and UNIQA Asigurari de viata
The UNIQA Group is one of the leading insurance groups in its core markets
of Austria and Central and Eastern Europe. UNIQA is represented in 19
countries by approximately 40 companies and has more than 10 million
customers.
Two Romanian companies belong to the UNIQA Group: UNIQA Asigurari (non-life
insurance) and UNIQA Asigurari de viata (life insurance), with a workforce
of approximately 900 in total. UNIQA Asigurari de viata is currently ranked
eighth among Romanian life insurance companies and has three-digit growth
rates in the areas of life and health insurance. The dense sales network of
the Raiffeisen Banking Group is a key sales channel also in Romania.
About msg life
As part of the independent international msg group of companies, msg life
ag and its subsidiaries are among the leading software and consultancy
firms for the European insurance sector, focusing in particular on life
insurance companies and pension scheme providers. Its portfolio of services
includes standard software, consulting services and the handling of IT
operations (cloud solutions).
Based in Leinfelden-Echterdingen and with offices in Munich, Aachen,
Düsseldorf, Hamburg and Cologne and subsidiaries in the Netherlands,
Austria, Switzerland, Slovakia, Slovenia, Poland, Portugal and the USA, the
msg life Group has an employee headcount of approximately 850.
Contact
msg life ag
Corporate Communications
Frank Fahrner
Humboldtstrasse 35
70771 Leinfelden-Echterdingen
Germany
Tel. +49 (0)711 949 580
Email: [email protected]
Website: www.msg-life.com
End of Media Release
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Issuer: msg life ag
Key word(s): Information technology
25.02.2016 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: msg life ag
Humboldtstraße 35
70771 Leinfelden-Echterdingen
Germany
Phone: +49 (0)711 94958-0
Fax: +49 (0)711 94958-49
E-mail: [email protected]
Internet: www.msg-life.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP Media
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