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Total Specific Solutions enters the French insurance vertical with the acquisition of Prima Solutions

Apolline Miquel — Thu, 26 Jan 2023 16:55:14 +0000

Total Specific Solutions enters the French insurance vertical with the acquisition of Prima Solutions

26 January 2023
News

Nieuwegein/Paris, 2023, Total Specific Solutions (“TSS”) has acquired Prima Solutions, a leading French InsurTech group that provides modern insurance solutions to primarily French clients. With this acquisition, TSS enters the French insurance vertical and further strengthens its foothold in France. Prima Solutions is the 16th company in the French-speaking market that joins Groupe TSS, our French TSS division.

Prima Solutions offers insurance companies a full range of software solutions to transform existing legacy systems and streamline core business processes, thereby speeding up their digital transformation. Prima Solutions’ highly configurable, modular, and cloud-based platforms support the lifecycle management and governance of Property & Casualty (P&C) and Life & Health (L&H) insurance. The platforms are easily integrated within the ecosystems of the clients and provide a self-care portal for interaction between insurers and end-customers.

Dorinda van Oosten, General Manager at TSS: “I am pleased to strengthen our TSS position in the insurance software market with Prima Solutions, our first company dedicated to this market in France. Prima Solutions is considered one of the leaders in the French insurance software domain. They target the main insurance providers and offer them modern cloud solutions. Prima Solutions’ focus on helping clients with mission-critical solutions for the management and governance of their core products is well aligned with the way how TSS views the importance of vertical market software. Also, Prima Solutions offers a complete range of products and services to help their clients easily integrate their solutions while staying close to the end-user. This customer-driven approach also fits seamlessly with our vision.
I look forward to introducing Prima Solutions President Hugues Delannoy and his team to TSS and CSI companies’ colleagues and to our extensive set of best practices with the aim of further accelerating their customer value and business growth.”

Hugues Delannoy, President of Prima Solutions: “In our industry, the regulations and requirements are constantly evolving and increasing, which is why insurance companies rely heavily on specialized software providers focused on this specific vertical market. We are a dedicated specialist in software for the insurance sector. Prima Solutions has been one of the market leaders in France for the past 20 years incorporating French and European regulations into our solutions. We look forward to being part of an international software group that believes in the value of specialized companies for vertical markets and in a unique buy-and-hold-forever strategy ensuring long-lasting stability for our customers and employees. New insights into running successful VMS (Vertical Market Software) companies and learning and evaluating the best practices of TSS/CSI companies operating in the insurance and other industries will be valuable. And we can share the knowledge and best practices we have accumulated over the years on InsurTech. We look forward to continuing our journey in a group of like-minded industry-specific software companies of TSS and, more specifically, as part of the French Groupe TSS.”

About Total Specific Solutions (TSS)
Total Specific Solutions is an international provider of IT business solutions and consists of independent business units that deliver products and services to their specific vertical market segments. This market expertise is based on decades of experience. TSS is active in healthcare, local and central government, financial and legal services, accountancy, agriculture, automotive, construction, education, geoscience, hospitality, libraries & archives, manufacturing, maritime, mobility, publishing, real estate and retail. TSS is part of Topicus.com Inc, a public company listed on the Canadian TSX Venture Exchange. Topicus.com Inc is part of the ecosystem of Constellation Software Inc (CSI), a global provider of vertical business solutions.

More information can be found on the website: www.totalspecificsolutions.com.

For more information:

Total Specific Solutions
Dorinda van Oosten
General Manager
Email: d.vanoosten@tss-vms.com
Tel: + 31 (0)6 3929 2545

Total Specific Solutions
Othman Ghannam
Portfolio Manager/Investment Director
Email: o.ghannam@tss-vms.com
Tel: +33 (0)6 4789 6720

If you are an owner of a Vertical Market Software company in France and you would like to know more about joining TSS, please contact:
Othman Ghannam
Portfolio Manager/Investment Director
Telephone: +33 6 4789 6720
Email: o.ghannam@tss-vms.com

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With Prima P&C 9.10, Prima Solutions offers an open, cloud-based, and comprehensive solution for increasingly more efficient management of P&C claims and contracts

Prima Solutions — Thu, 13 Jan 2022 09:51:05 +0000

With Prima P&C 9.10, Prima Solutions offers an open, cloud-based, and comprehensive solution for increasingly more efficient management of P&C claims and contracts

13 January 2022
News

Paris, January 13rd, 2022 – Prima Solutions, a global insurtech group for insurance and reinsurance professionals, announces the release of version 9.10 of its cloud-based P&C insurance product management and distribution platform, Prima P&C.

This new version, unveiled during its Users Club last November, is part of the company’s objective of offering the gold standard solution for managing P&C claims and contracts. Version 9.10 supports the management of appeals covering all business needs, and it incorporates the latest regulatory updates. Above all, it expands the possible interfaces for an ever more complete and efficient user experience for insurers and policyholders.

Appeals management covering all business needs

Version 9.10 of Prima P&C marks the completion of work to provide insurers with a complete financial summary of property and casualty claims management, covering all scenarios of appeals. Now, all options are integrated into the application and fully configurable by the user, including conventional and free appeals. On the same screen, the manager can also create and process disputes and escalation procedures for a 360° view of its claims summary.

An application that is open to the business ecosystem

Version 9.10 of Prima P&C interfaces with many solutions to provide a comprehensive user experience, along with a wide variety of microservices.

For this new version, the integration work mainly involves the cross-functional modules offered by Prima Solutions, such as Prima Selfcare, the fully configurable communication portal developed by the company to facilitate communication between insurers and policyholders. Through interface with Prima P&C, policyholders (including companies and individuals) can quote, purchase, and view their contracts managed in Prima P&C.

Prima P&C 9.10 is also open to third-party applications for increasingly more efficient management of P&C claims and contracts. “One of our most recent connectors is the interface with Monk, the artificial intelligence solution for visual inspections and assessments of vehicles,” says Hugues Delannoy. “With its visual intelligence technology, Monk can detect, classify, analyze repairability, and assess damage, in order to direct the claim. This interface simplifies and speeds up the process for policyholders involved in a motor vehicle accident, and it improves the NPS (Net Promoter Score) and productivity of insurers. It’s truly revolutionary for this market!”

Mots clés

L’article With Prima P&C 9.10, Prima Solutions offers an open, cloud-based, and comprehensive solution for increasingly more efficient management of P&C claims and contracts est apparu en premier sur Prima solutions.

Prima Solutions launches Prima Selfcare, the latest addition to its cloud-based software suite for the insurance sector

Apolline Miquel — Wed, 31 Mar 2021 08:49:03 +0000

Prima Solutions launches Prima Selfcare, the latest addition to its cloud-based software suite for the insurance sector

31 March 2021
News

Paris (France), March 31, 2021 – Prima Solutions, a cloud-based software provider for insurance and reinsurance professionals, is launching Prima Selfcare, a new crossfunctional application for its cloud-based software suite that provides life and non-life insurers and reinsurers with a new way of communicating with their customers through a fully configurable portal.

“Every year, we enhance our cloud software suite to help insurers make greater use of their ecosystem, leverage their data, and innovate. Following after Prima Pilot in 2020, Prima Selfcare complements the Prima Solutions cloud software suite. It’s an increasingly agile and modular suite designed specifically for the insurance world,” says Hugues Delannoy, President of Prima Solutions.

Prima Selfcare creates an improved policyholder experience and boosts satisfaction, offering personalized service everywhere and anytime. Individual and Enterprise customers enjoy easy access to an interface that provides a comprehensive view of their contractual situation to date. Prima Selfcare offers consulting and summary tools, along with all the functions that Enterprise customers need to manage their quotes and contracts, their insured fleet, and their contribution installments.

Insurers provide a mobile interface developed using the latest technologies, which integrates in-depth UX research and inherits the fields and rules of the Prima Solutions cloud management platforms. Insurers also have access to a range of tools for customizing the graphical interface to fit their brand.

This new software features all the cloud services of Prima Solutions platforms, with regular updates, high availability, end-to-end support, security, and compliance (including GDPR).

Mots clés

L’article Prima Solutions launches Prima Selfcare, the latest addition to its cloud-based software suite for the insurance sector est apparu en premier sur Prima solutions.