Wednesday, December 1, 2010

Prima Solutions Acquires Albiran to Provide Insurance Software

Prima Solutions has successfully acquired the Paris-based insurance software provider, Albiran. A Paris-based company, Albiran, with 10 years of experience providing Web-based insurance software for a large combination of business processes and lines of business, is the perfect complement to Prima Solutions’ product set and expertise.
Working together, both Prima Solutions and Albiran form the one-stop -shop for insurance software. Albiran, with its vast business experience, has provided Web-based insurance software solutions to companies like Generali, Allianz, Altima, Gras Savoye and April Group to launch new insurance products, diversify their distribution networks, increase their customers’ satisfaction and optimize their operational efficiency.
The most technologically and functionally advanced, comprehensive and integrated software solution for insurers, mutual insurance companies, reinsurers and brokers in the market today is created by the combination of Prima Solutions’ and Albiran’s products: “We are thrilled to join forces with the Albiran team. By combining both companies’ products and expertise, Prima Solutions becomes a de facto vendor of reference in the global insurance software solution market”, said Hugues Delannoy, CEO of Prima Solutions, in a press release.
“Prima Solutions and Albiran’s products and expertise are very complementary. Most importantly, both companies share the same vision, which is to provide our clients a one stop shop for any insurance software need”, said Michel Gognau, CEO of Albiran, in a press release. In related news, Wesfarmers Insurance, its underwriting subsidiary Lumley General Insurance Limited has successfully deployed Guidewire ClaimCenter as the first step in its core systems modernization project.

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