Innoveo Milestone!

A major milestone has been reached by our young company Innoveo. And, this is an eccellent opportunity for me to "re-blog" again :-)

Based on a very successful collaboration in a customer project the two companies Adcubum and Innoveo have decided to cooperate and combine their insurance Software solutions, adcubum SYRIUS and Innoveo Skye to build a complete insurance Software package, which includes both now, back- and front-office processes.

With the publication of our press release we've also published our new corporate fact sheet, that you can download here:

Corporate Fact Sheet English

Find the complete press release below:

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ADCUBUM AND INNOVEO AGREE TO A STRATEGIC PARTNERSHIP (PRESS RELEASE) /

Adcubum and Innoveo contract a strategic partnership to integrate the multi-channel distribution solution Innoveo Skye® with adcubum SYRIUS®.

St. Gallen, 30th September 2009 - Adcubum and Innoveo intensify their co-operation and agree to a product and strategic partnership. Goal of this agreement is the seamless integration of the multi-channel distribution solution Innoveo Skye® in the insurance core solution adcubum SYRIUS® as an optional module. Therewith, their customers are in a position to use the software for all lines of business and to holistically support respectively control their products and services sales. Moreover, with this co-operation Adcubum and Innoveo consolidate their complementary competences and experience in the insurance industry.

Like adcubum SYRIUS®, Innoveo Skye® is based on a state-of-the-art scalable 4-tier-architecture and is easily embedded in any portal solution. Innoveo Skye® comprises all lines of business in the insurance industry (health insurance, property and casualty insurance, life insurance) and supports various back-office systems simultaneously. Furthermore, Innoveo Skye® is capable of multi-channel operations, which enable insurance companies to quickly and consistently offer new products and services via different channels like branches, agencies, insurance brokers or via the Internet.

"The partnership with Adcubum allows to offer our complementary expertise and insurance solutions in one integrated product", says Nick Stefania, Managing Partner of Innoveo. "Customers benefit of a reduced time-to-market for their insurance products and we enable them to offer all insurance products and services for every distribution channel with one single module."

"We are already working together intensively with Innoveo in a customer project", says René Janesch, member of the executive board of Adcubum. "Insurance companies seek more and more for an end-to-end solution supporting the continuous process from the back-office management to the multi-channel distribution. Hence, the current point in time is most convenient for such a collaboration. Above all, we are able to considerably strengthen our know-how in the property and casualty insurance market."

Press release English / German

Press contact:

Adcubum AG
Fredy Haag
Rorschacherstrasse 267
CH-9016 St. Gallen
Telefon: +41 71 282 89 22
E-Mail: fredy.haag@adcubum.com

Innoveo Solutions AG
Nick Stefania
Hohlstrasse 560
CH-8048 Zürich
Telefon: +41 43 500 54 80
E-Mail: nick.stefania@innoveo.com

Adcubum AG

Adcubum is a leading Swiss software manufacturer in the international insurance business. The core solution adcubum SYRIUS® is a modularly built back-office system for health, accident and property and casualty insurances based on the Java Platform Enterprise Edition (Java EE) technology. The foundation for the successful company history was laid in St. Gallen in 1998. Since then, the product has been continuously enhanced according to customer and market requirements. At present the company employs more than 100 high qualified and specialised experts. Multiple millions of insured persons with more than 30 million claims are administrated by the core solution adcubum SYRIUS® - tendency rising.

Further information under: www.adcubum.com

Innoveo Solutions AG

Innoveo emerged as an independent software manufacturer from a spin-out of the Helvetia Group in 2007. It is characterized by a unique combination of technology expertise and insurance industry knowledge. The SOA/Java EE based agile insurance front-office system Innoveo Skye® is based on more than 12 years of experience in the implementation of flexible distribution systems for all lines of business as well as in the integration of any back-office and CRM systems as well as portals. In an increasingly diversified market a consistent, per distribution channel and insurance product configurable solution offers crucial strategic possibilities, considerable time savings as well as remarkable cost efficiency for the launch of new products.

Further information under: www.innoveo.com