Adacta acknowledged in the 2024 Gartner® Market Guide for EMEA Life Insurance Policy Administration Systems

Adacta acknowledged in the 2024 Gartner® Market Guide for EMEA Life Insurance Policy Administration Systems

Adacta, a leading provider of advanced insurance software solutions for the insurance industry, is proud to announce its second consecutive recognition in the 2024 Gartner Market Guide for EMEA Life Insurance Policy Administration Systems.

This Gartner Market Guide also provides comprehensive market analysis, key findings and recommendations:

“The simple fact is that a backward-looking, cost-benefit analysis assessment will rarely support the business case for major initiatives. Instead, insurers should build a scorecard that examines the ability to support future business models and products and predict regulation changes."

As noted by Gartner, “In early 2024, Gartner surveyed 47 of the approximately 55 vendors operating in the EMEA life policy administration system market." 

"We are incredibly proud to be recognized by Gartner for the second year in a row," said  Alexey Tikhonov, CEO of Adacta. "We think, this consecutive recognition reaffirms our dedication to supporting life insurers with cutting-edge technology that drives operational efficiency, enhances customer engagement, and accelerates digital transformation."

In the future, Adacta will continue to invest in research and development, further enhancing its PAS platform to address emerging trends and challenges within the industry. This ongoing commitment to innovation will ensure that Adacta’s clients stay at the forefront of the insurance sector, equipped with the tools necessary to achieve sustainable growth and success.

For more information about Adacta’s PAS solutions, please follow the link or use a contact form to reach out.

The full report is available on Gartner's website (For Gartner subscribers only).

Gartner disclaimer

Gartner, Market Guide for EMEA Life Insurance Policy Administration Systems, Laurie Shotton, 28 August 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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