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Fadata was highly ranked in the new “Celent Policy Administration Systems for General Insurers in Europe 2011” report

Fadata was highly ranked in the new Celent “Celent Policy Administration Systems for General Insurers in Europe 2011” report. According to Celent, a leading research and consulting company in the area of the information technology and their application in the global financial industry, Fadata is among the top vendors of general insurance policy administration systems in Europe.
Fadata’s integrated insurance system INSIS is positioned in the upper right corner in Celent’s vendors’ comparison table and holds leading positions in terms of technology, functionality, and implementation costs. Furthermore, the positive feedback the INSIS clients provided for the report makes us especially proud and comes to prove our team’s high professionalism and competence as well as to confirm Fadata’s position of customer oriented vendor.

The full text of Celent Policy Administration Systems for General Insurers in Europe 2011 report can be found on www.celent.com/reports/policy-administration-systems-general-insurers-europe-2011.

About Celent Celent is a research and consulting firm focused on the application of information technology in the global financial services industry. Celent's Insurance team focuses on information technology and strategy issues affecting global, regional, and local life and property/casualty insurers. Key areas include IT management issues, online marketing and electronic distribution strategies, managing multiple distribution channels, core processing technologies like policy administration systems and claims handling, and the effects of new technologies like Web services and XML. Celent reports tend to fall into one or more of the following categories: trends analysis, vendor evaluations, case studies, or market data. For more information, please visit the company’s web site www.celent.com.

About Fadata AD
About Fadata AD Established in 1990, Fadata is a leading provider of software solutions for insurance companies worldwide. Its flagman product INSIS (INSurance Integrated System) has customers in Portugal, France, Dubai, Bahrain, Bulgaria, Romania, Ukraine, Russia, Kazakhstan, Azerbaijan, Columbia, Ethiopia, Estonia, Spain, Denmark, Poland, USA, Slovakia and Hungary. As an Oracle Gold Partner, Fadata also offers its customers solutions and consulting services in the area of Oracle Applications: Oracle e-Business Suite, Oracle CRM, Oracle Enterprise Content Management and BI solutions. With a headquarter in Sofia, Bulgaria and subsidiaries in Romania, Serbia, Russia and Portugal, Fadata also has a global distribution and partners’ network in more than 20 countries, which provides service to over 110 customers worldwide. Until the end of the year Fadata plans to open subsidiaries also in Spain, Argentina, Dubai and Thailand.