Allan Pedersen, Partner, Triple P Capital, explained that the move is driven by the rapid growth and innovation of IT for insurance.
“The most successful insurers today are consistently expanding their investments in IT, particularly around middle and front-end solutions and customised developments,” said Pedersen. “These increased investments are vital for insurers to be able to take advantage of all the exciting new business, partnership and efficiency opportunities, new technology and changing customer habits are enabling. We found that Contemi has outstanding solutions and services for participating in this growth market for both Europe and Asia.”
Contemi also announced that it will turn its Core Policy System into an open source project in Q119.
“Today’s modern insurers are adopting open source in their IT architecture at rapid pace and we think the industry is ready to see the benefits of a proper open source Core Policy System and willing to deploy it,” said Karl Morten Busk, CEO of Contemi.
Contemi also announced that it will turn its Core Policy System into an open source project in Q119.
“Today’s modern insurers are adopting open source in their IT architecture at rapid pace and we think the industry is ready to see the benefits of a proper open source Core Policy System and willing to deploy it,” said Karl Morten Busk, CEO of Contemi.
“We are excited at the prospect of engaging more deeply with the insurance industry developer community in this process, as – by working together – we hope we can turn this Core Policy System open source project into a successful core basic platform for the insurance community.”
Contemi has a strong client presence in Asia's emerging markets such as Vietnam – where the company has over 60 skilled developers that can develop quality insurance solutions.
“In Contemi, we see a company that combines high-quality insurance solutions with the capacity to provide fast solution designs and implementations. In addition to those, Contemi has a robust set of clients in both Europe and Asia, making them a leading IT insurance firm that is ready to shoulder the challenges of digitalisation in the insurance sector – particularly in Asia where many emerging markets still need to ramp up financial inclusion and literacy,” added Pedersen.
Contemi has a strong client presence in Asia's emerging markets such as Vietnam – where the company has over 60 skilled developers that can develop quality insurance solutions.
“In Contemi, we see a company that combines high-quality insurance solutions with the capacity to provide fast solution designs and implementations. In addition to those, Contemi has a robust set of clients in both Europe and Asia, making them a leading IT insurance firm that is ready to shoulder the challenges of digitalisation in the insurance sector – particularly in Asia where many emerging markets still need to ramp up financial inclusion and literacy,” added Pedersen.
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