ADN1 ADESSO AG

EQS-News: Continentale Versicherungsverbund relies on adesso standard products for the modernisation of its application landscape

EQS-News: adesso SE / Key word(s): Incoming Orders
Continentale Versicherungsverbund relies on adesso standard products for the modernisation of its application landscape

14.12.2022 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Continentale Versicherungsverbund relies on adesso standard products for the modernisation of its application landscape

For the comprehensive modernisation of its application landscape, the Continentale Versicherungsverbund has opted for software from adesso insurance solutions GmbH. Host-based legacy systems will be replaced by the in|sure Ecosphere products for the property insurance and private health insurance lines. In addition, the commission management software will be licensed for a reliable and future-proof commission system in the association; the licence portion of the order was booked in the third quarter of 2022. With the acquisition of further software from in|sure Ecosphere, Continentale is continuing on the path of modernising its IT. The replacement of the host-based legacy systems with standard software for core processes in insurance is to be completed in 2026. The order also includes a long-term maintenance agreement.

"Modern and high-performance IT is a success factor for every company," emphasises Dr Thomas Niemöller, Chief Digital Officer at Continentale. "By digitally optimising our processes, we are positioned for the future in the long term. For this, we have a strong partner at our side in adesso."


 

About Continentale Versicherungsverbund auf Gegenseitigkeit
Continentale is not a group in the usual sense, because it sees itself as a "mutual insurance association". This basic understanding determines the actions in all areas and in all companies. It is based on the legal form of the parent company: at the head of the association is Continentale Krankenversicherung a.G. (founded in 1926), a mutual insurance association. Here, as in the entire association, the focus is on the needs of the customers. As an insurance association, Continentale is protected against takeovers. Further information at:
 

adesso Group
With more than 7,500 employees and expected annual sales of more than EUR 800 million in 2022, adesso Group is one of the largest German IT service providers with outstanding growth opportunities. At its own locations in Germany, other locations in Europe and Turkey as well as at numerous local customers adesso offers consulting and software development services for optimising core business processes. adesso also offers ready-to-use software products for standard applications. The development of an own, industry-specific product portfolio opens up additional growth and earnings opportunities and is another key element of the adesso strategy. In 2020, adesso was awarded the title of the best employer of its size in Germany across all industries. After having already achieved first place among IT employers in 2016 and 2018, adesso was ranked first again in 2020.




Contact:
Martin Möllmann
Head of Investor Relations
Tel.: 00
E-Mail:


14.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: adesso SE
Adessoplatz 1
44269 Dortmund
Germany
Phone: 00
Fax: 00
E-mail:
Internet: -group.de
ISIN: DE000A0Z23Q5
WKN: A0Z23Q
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 1512137

 
End of News EQS News Service

1512137  14.12.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1512137&application_name=news&site_id=research_pool
EN
14/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ADESSO AG

Adesso SE: 1 director

A director at Adesso SE bought 1,625 shares at 61.492EUR and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...

Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : Shift to more favourable cycle to ease AI pressure on sector va...

While we do not deny the uncertainties and risks associated with artificial intelligence (pricing pressures, organisational change, etc.), we remain constructive on this issue, given the significant volume opportunities in prospect for the sector with the integration of agentic AI. Moreover, improving growth momentum in 2026 should reduce pressure on sector valuations (discount >30% vs Stoxx 600 vs a premium of 10% four years ago). On this basis, we have upgraded Bechtle (Outperform vs Neutral),...

Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : L’entrée dans un cycle plus favorable devrait réduire la pressi...

Sans nier les incertitudes et risques liés à l’IA (pressions tarifaires, changements organisationnels, etc.), nous restons constructifs sur cette thématique tant les opportunités de volumes autour de l’intégration de l’IA agentique sont importantes pour le secteur. D’autant plus que l’amélioration de la dynamique de croissance en 2026 devrait permettre de réduire la pression sur les valorisations du secteur (décote >30% vs Stoxx 600 contre une prime de 10% il y a 4 ans). Dans ce contexte, nous r...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch