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msg life expands Management Board

Francesco Cargnel and Dr Wolf Wiedmann appointed to the Management Board
(Leinfelden-Echterdingen, 11 October 2017) – The Supervisory Board of msg life ag has appointed Mr Francesco Cargnel and Dr Wolf Wiedmann as further members of the Management Board of msg life ag, both effective as of 1 January 2018. As members of management at subsidiary msg life central europe gmbh, both have already been a part of the management team of msg life for some time now.

In future, together with Spokesman for the Management Board Rolf Zielke, Francesco Cargnel will be responsible for the projects division, where all ongoing customer projects are realised. In his new role, Mr Cargnel brings with him many years of experience in the successful realisation of projects following msg life’s winning of several large customer orders in the last year and a half, resulting in marked growth of the division’s responsibilities. Together with Management Board member Dr Astrid Neuburger, Dr Wolf Wiedmann will be responsible for the products division, where the standard software products of msg life are developed. There he will use his proven expertise in modern technologies and development methods to contribute to the further development of the diverse product and service offering of msg life. Bernhard Achter remains as the Management Board member responsible for the international business units. The Management Board members share responsibility over the individual customers of msg life amongst themselves, independent of the responsibilities of their divisions.

msg life, whose Management Board will be growing to five members, considers itself well equipped to achieve its objectives of using the msg life products to take the business of insurance companies to a new level of digital quality and to make it significantly faster, more efficient and more customer-friendly. To do so, with the JEE-based policy management system msg.Life Factory (LF) and the corresponding components, msg life now offers customers a unique level of flexibility and efficiency based on cutting-edge tools and methods.

Additionally, all solutions related to the market-leading LF have been integrated into msg.Insurance Suite (msg.I-Suite), the common insurance platform of the msg Group. msg.I-Suite represents the first holistic industrial standard for all sectors of the insurance industry. The platform covers and integrates all necessary system components for an insurance company.

About msg life
As part of the independent, internationally active msg Group, msg life ag and its subsidiaries are among the leading software and consulting companies for the European insurance sector. Their products and services range from standard software through consulting services to the assumption of responsibility for IT operations (cloud solutions).
The msg life Group has its head office in Leinfelden-Echterdingen and offices in Munich, Düsseldorf, Hamburg and Cologne, plus subsidiaries in the Netherlands, Austria, Switzerland, Slovakia, Slovenia, Poland, Portugal and the USA. It currently employs a workforce of nearly 1,000.

Contact
msg life ag
Corporate Communications
Frank Fahrner
Humboldtstrasse 35
70771 Leinfelden-Echterdingen
Tel.: +49 (0)711 949 580
Email: presse@msg-life.com
Internet: www.msg-life.com

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CONTACT: Frank Fahrner
Phone: +49 711 94958-9730
Email: investor.relations@msg-life.com

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