Innoveo Solution news

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

INNOVEO IS A MEMBER OF THE ORACLE PARTNERNETWORK

Innoveo Solutions enjoys its new membership to the Oracle PartnerNetwork, which is illustrating the long and successful deployment of our insurance frontend solution – Innoveo Skye^® integrating Oracle databases.

Our partnership with Oracle helps us to leverage our expertise and build on the strong foundation that Oracle's technology provides.

Get additional information about our consulting services and our insurance frontend solution Innoveo Skye^® by visiting our company website.

Innoveo Solutions AG is a software company whose products, services, and technologies enable its insurance industry clients to create business value. Its high-level expertise in software, platforms, SOA, architecture, Open Source, and the insurance industry ensures that the company remains a valued partner of insurance companies looking to produce value and innovation.

Contact:

INNOVEO SOLUTIONS AG
HOHLSTRASSE 560
8048 ZÜRICH
SWITZERLAND

Phone
Fax
Mail

+41(0)43 500 54 54
+41(0)43 500 54 55
info@innoveo.com

INNOVEO - A REAL LIFE EXAMPLE OF PRODUCTIVE SOA SOLUTIONS

Two years ago a first version of the publication “Service Oriented Architecture for Dummies” has been published. Therein our reference customer, the Helvetia Insurance Group, was mentioned together with the solution we have successfully put in place for them.

In the second, reviewed edition, Innoveo has been dedicated again one full chapter of the book. Still our solution is considered to be a practical, state of the art example of how SOA can work in real life, creating both, an enhanced efficiency and cost optimization on the IT side as well as real business benefits on the customer side.

We are proud of having been selected by Judith Hurwitz for her book and we wish Judith again an amazing success with this new publication.

Find more information about the book on Judith Hurwitz’s Weblog. Judith is one of the authors and we’ve had the pleasure to be directly in contact with her to discuss the content and the progresses we’ve made in the time between the first and the second edition.

Get additional information about our consulting services and our insurance frontend solution Innoveo Skye™ by visiting our company website.

Contact:

INNOVEO SOLUTIONS AG
HOHLSTRASSE 560
8048 ZÜRICH
SWITZERLAND

Phone
Fax
Mail

+41(0)43 500 54 54
+41(0)43 500 54 55
info@innoveo.com

INNOVEO PARTICIPATES TO THE INSURANCECOM EVENT 2009

The InsuranceCom is the independent Management- and Experts Platform for the Decision Makers of the German speaking European Insurance Industry (D/A/CH). The Audience consists of an exclusive Circle of personally invited Members of the Board of Directors and Members of the Executive Board.

Innoveo Solutions is a Partner of InsuranceCom (http://www.insurancecom.ch/de/partner/) and as such will have the opportunity for the second time to attend the yearly conference, which will take place in Zurich on January 16, 2009.

A very attractive program has been set up for the conference 2009 and Innoveo is motivated to learn directly from the insurance industry’s top managers what the market drivers and trends are in the coming years and how the financial downturn may impact the insurance industry. We are looking forward to see you at the event and talk to you. And, obviously we are at the disposal of all other interested and not participating parties for an exchange on our solutions and services. Get in contact with us!

Find the InsuranceCom program 2009 here: http://www.insurancecom.ch/de/programm/.

Get additional information about our consulting services and our insurance frontend solution Innoveo Skye™ by visiting our company website.

Contact:

INNOVEO SOLUTIONS AG
HOHLSTRASSE 560
8048 ZÜRICH
SWITZERLAND

Phone
Fax
Mail

+41(0)43 500 54 54
+41(0)43 500 54 55
info@innoveo.com

INNOVEO LAUNCHES ITS NEW CORPORATE IDENTITY

Innoveo launches its new corporate Identity! We are proud to introduce our new corporate identity. It now represents our personality, culture, spirit and soul in a more appropriate way, as it has been built on our company’s…

VALUES /

INNOVATION

QUALITY, PROFESSIONALISM AND TRANSPARENCY

TRUST AND RESPECT

DYNAMISM AND FUN

MISSION /

ENABLING BUSINESS INNOVATION

VISION /

BE RESPECTED LEADERS IN CONNECTING THE INSURANCE BUSINESS WITH TECHNOLOGY.

Below you will find our new Logo as well as additional information about our consulting services and our insurance framework INNOVEO SKYE by visiting our new company WEBSITE.

We are looking forward to a continuous successful co-operation and collaboration with you under our new brand.

Yours sincerely, your Innoveo Team

Contact:

INNOVEO SOLUTIONS AG
HOHLSTRASSE 560
8048 ZÜRICH
SWITZERLAND

Phone
Fax
Mail

+41(0)43 500 54 54
+41(0)43 500 54 55
info@innoveo.com

Innoveo launches its blog

Besides our Corporate website which is representing the "official voice" of Innoveo, we would like now to start a more informal conversation with our whole ecosystem by opening our blog.

We will use this blog especially to publish our findings and ideas with regard to the IT industry and insurance market and would like to share thoughts, to start discussions and to get feedbacks.

It will be also the place where you will be able to hear about what we are doing, and how the company is getting on.

... and last but not least, a place for some very technological discussions!

You can also find the blog RSS feed here.

Contacts:

Innoveo Solutions AG
Didier Beck
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Phone +41 43 500 54 70
didier.beck@innoveo.com

Innoveo Solutions AG
Nick Stefania
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Phone +41 43 500 54 80
nicola.stefania@innoveo.com

Article about Innoveo in “ICT in Finance”

Read about the origin and spin-out of Innoveo, about the challenges of Open Source Software in the insurance industry and about the high-level of reuse reached thanks to usage of the Innoveo platform. (Article in German Language)

Find the article on the Innoveo website.

Or download the article as pdf

Contacts:

Innoveo Solutions AG
Didier Beck
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 460 29 24
didier.beck@innoveo.com

Innoveo Solutions AG
Nick Stefania
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 249 50 20
nicola.stefania@innoveo.com

Innoveo Establishes its Board of Directors

Zurich, Switzerland, October 1, 2007 – Innoveo Solutions AG is proud to announce the creation of its Board of Directors. Composed of leading experts in insurance, IT, and strategy, the Board will be instrumental in crafting winning strategies and in matching Innoveo’s competences to market needs. The Board’s composition, along with each member’s focal area of expertise contribution follows:

François Jeannet (Chairman, external) – strategy, business development, finance
Bruno von Rotz (external) – software, Open Source, marketing
Pancho Nunes (external) – strategy, entrepreneurship, sales
Didier Beck (internal) – IT, insurance, management
Nick Stefania (internal) – IT, insurance, management

The emphasis on external directors will promote a well-balanced corporate governance and objective supervision of Innoveo’s development.

More information regarding the Board of Directors can be found on the following page.

Download this news as a pdf

Contacts:

Innoveo Solutions AG
Didier Beck
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 460 29 24
didier.beck@innoveo.com

Innoveo Solutions AG
Nick Stefania
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 249 50 20
nicola.stefania@innoveo.com

Innoveo Launches as an Independent Company

Innoveo Solutions ag Launches as an Independent Company

Innoveo begins independent operations after being spun off from a major insurance company
Innoveo is a leading provider of customized, SOA software solutions for the insurance industry
High-level expertise in business-oriented platforms that support the delivery of customized and flexible products/services to the insurance market

Zurich, Switzerland, October 1, 2007 – Formerly part of a major insurance company, Innoveo Solutions AG, a leading provider of software solutions to the insurance industry, announces its launch as an independent company. Composed of high-level experts in insurance and IT (SOA, open source, Java...), Innoveo enables its clients to deliver flexible and business-oriented products and services to its customers. Innoveo has already developed and operated a platform that supports the delivery of €billions in offer volume and dozens of business applications. The company is looking forward to creating similar value for its clients in the Western European insurance industry. More information on Innoveo can be found at innoveo.com.

The insurance industry is looking for software solutions that enable the generation of value along an increasingly complex supply chain. Insurance products are becoming more customized and sophisticated and are being sold by brokers, banks, agents, etc. Software platforms that underpin this supply chain must deliver flexible and customer-centric business applications. Trends in the software industry include Open Source, SOA, and component-based architecture, which are leading to new business models based on maintenance support or yearly subscription rather than heavy, up-front licensing fees – these trends promote more flexibility and innovation. Innoveo is at the confluence of these insurance and software industry trends.

Innoveo has assembled a team of top experts in insurance and IT. This team has proven experience in delivering dozens of business applications for the insurance industry, all resident on a platform that supports the generation of €billions in offer volume.

Innoveo has developed this platform from scratch using state of the art Technology and has years of experience in operating it on behalf of its clients.

Given the fit between insurance industry trends and the software solutions it provides, Innoveo is confident that it will face strong demand for its platform and associated services. Already in its first year of operations, the company boasted strong revenues and profit margins.

Finally, the company is in advanced discussions with recognized IT implementation partners to help extend the reach of its platform.

The Innoveo team is looking forward to establishing partnerships with its clients and to continuously enabling, through technology, business value and innovation for the insurance industry.

Download this news as a pdf

Innoveo Solutions is a software company whose products, services, and technologies enable its insurance industry clients to create business value. Its high-level expertise in software, platforms, SOA, architecture, open source, and the insurance industry ensure that the company remains a valued partner of insurance companies looking to produce value and innovation.

Contacts:

Innoveo Solutions AG
Didier Beck
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 460 29 24
didier.beck@innoveo.com

Innoveo Solutions AG
Nick Stefania
Managing Partner

Hohlstrasse 560
CH-8048 Zürich
Mobile +41 79 249 50 20
nicola.stefania@innoveo.com