Adacta joins the Insurance-in-a-Box ecosystem

Launched in May this year, iiB is a Tieto digital startup platform enabling insurers to launch new products in less than two months.

With Adacta’s AdInsure solution plugged in to the Insurance-in-a-Box ecosystem, Tieto can now help insurance startups across all lines of business - life, pension, savings, health and general. iiB is now a comprehensive platform enabling insurers to address both the diversity of the consumer needs as well as the complexity of changing role of insurers in the business landscape. The core system capabilities of the AdInsure solution will be leveraged in the Insurance-in-a-Box ecosystem with Tieto’s innovative insurance concepts, infrastructure & system integration capability combined with the ability to scale and support the Nordic market and mutually chosen new geographies.

Christian Segersven, Executive Vice President, Financial Services, Tieto, comments on the partnership:

“The Adacta partnership allows the Insurance-in-a-Box offering to be more holistic covering all lines of an insurance business including Life and Pension. I see it as a great complement to the General Insurance capabilities already exiting in iiB. Our customers will certainly benefit from the added breadth of the platform’s capability. I am glad to welcome them aboard!”

Matej Pfajfar, Executive Director, Financial Services, Adacta, comments:

"Adacta is delighted to be partnering up with Tieto and the Insurance-in-a-Box platform. IiB is a very exciting, future-proof solution for insurance and the addition of the AdInsure core system further enhances its potential for innovation and differentiation. We share Tieto's core values and their passion for adding tremendous value to their customers. I certainly look forward to the road ahead!"

Read more about Insurance-in-a-Box

For more information please contact:

Christian Segersven, Executive Vice President, Financial Services, Tieto

+358 (50) 3112486, christian.segersven@tieto.com

Matej Pfajfar, Executive Director, Financial Services, Adacta

+386 1 5948 38 00, matej.pfajfar@adacta.si

About Tieto
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be our customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com

About Adacta
450 people working in the group, 27 years of experience and industry recognition by Celent, an independent advisory firm, position Adacta among the leading providers of insurance solutions in the EMEA region. AdInsure, Adacta’s flagship solution for insurance companies, is recognized by Celent as a “strong and modern system with exceptional feedback from clients”. Adacta’s insurance-related solutions are used by 22 insurers in 10 countries. https://www.adacta-group.com/solutions/adinsure