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Fadata ranked within the top 7 vendors in Europe in the latest report by Gartner

Once more Fadata was highly ranked in the latest report “Seven Vendors Dominate the European Market for General Insurance Policy Administration Systems”, released on 9 February 2010 by Gartner.

In their report, Gartner profiles 27 vendors that had meet the inclusion criteria and agreed to respond to the survey. Based on the criteria of Number of European Customers and Number of European Countries Present, Fadata is one of the seven leading vendors - positioned in the upper right quadrant of the grid with INSIS being implemented in 21 European Insurance Companies and Fadata presented in more than 5 European countries.

To view and download the full Gartner report: Seven Vendors Dominate the European Market for General Insurance Policy Administration Systems

You can also see Fadata and INSIS position within PAS vendors for Life insurance in the Gartner report: The European Market for Life Policy Administration Systems Is Crowded With Vendors released on 14 September 2009.

About INSIS

Originally launched in 1996, INSIS now is a mature insurance solution that covers general, life, health and takaful insurance. The system is based on Oracle technology, proved to be one of the most reliable and widely presented platforms. It is already SOA compatible, which, being one of the report’s recommendations to insurance companies evaluating PAS vendors, allows the system to be gradually embedded into the customer’s IT landscape. The system is also highly parameterized and configurable, thus increasing its usability by company’s staff and in the same time minimizing support and maintenance costs. Reach in functionality, INSIS latest version allows multi-country, multi-company and multi-currency implementation in a single instance.