Some of our customers
The software from msg life not only enjoys a leading market position in the German-speaking countries, but is also used all over the world. All in all, users in more than 30 countries, including the USA and Australia, apply our solutions.
AXA Germany is among the biggest primary insurers in the Federal Republic, with premium income of more than €10 billion in 2015 and nearly 10,000 employees. The AXA Group is one of the leading global insurance companies and asset managers. msg.Life Factory is its central management platform for life insurance business in Germany; it was implemented in record time and is an elementary part of its digitisation strategy. In a second phase the entire policy portfolio will be migrated to the new system.
Basler is the insurance arm of the Bâloise bancassurance group based in Basle. Basler manages its German life insurance business on msg.Life Factory. Having worked together successfully for many years in new business, the entire portfolio was then transferred from various legacy systems to the new platform.
DEVK from Cologne is one of the biggest providers of insurance and savings products in Germany, covering motor, travel, legal costs, liability, property, health, life, pension, occupational disability and personal accident insurance. In future DEVK will be relying on the new JEE mathematics of the msg.Life Factory. The actuarial product component msg.Life Product will in particular cover DEVK’s new unit-linked products.
The ERGO Group is an international insurer based in Düsseldorf. It is owned by Munich Re, one of the biggest reinsurance groups in the world, which is headquartered in the Bavarian capital. For many years ERGO has successfully relied on msg.Life Factory as the central platform for its capital market-based life insurance products. In addition to the platform’s flexibility, the insurer was convinced by its service-oriented architecture, which fits perfectly with its IT strategy.
Frende is a partnership between 14 Norwegian banks. Together with a number of financial services providers, which are both shareholders and distribution partners, Frende Livsforsikring offers life and non-life insurance as well as pension plans. For many years the Norwegian bancassurance alliance has relied on msg.Insurance Suite, managing all its life insurance and pension products on the platform. Beforehand the entire portfolio was migrated to the new IT system with the expertise of msg life.
Gothaer Towarzystwo Ubezpieczeń S.A.
msg life Poland supported in 2012 Gothaer in the preparation of business requirements and RFP for the selection procedure of a new policy administration system and sales platform. In the second stage of our cooperation we assisted the implementation of both systems within the areas of project management and tests coordination.
Vienna-based Helvetia Österreich is a subsidiary of the publicly listed Helvetia Group registered in St. Gallen. In Austria the insurer is implementing msg.Life Factory as a new platform for its life business. It uses the components msg.Life Product and msg.Life Contract for the management of products and contracts. Before msg.Life Factory was introduced the policy portfolios were successfully migrated using components from msg life.
When it bought Familienfürsorge in 2004 HUK-Coburg also acquired the existing licences for the policy management software from msg.life. After careful analysis it was decided to administer the life policies of HUK-Coburg alongside the Familienfürsorge portfolio on the modern standard software from msg life. HUK now also relies on the innovative actuarial module msg.Life Product.
Interrisk Lebensversicherungs AG
InterRisk Lebensversicherungs-AG is a subsidiary of the Vienna Insurance Group. When the data centre technology had to be renewed in 2005 the insurer decided to implement a new software to manage its life insurance and pension plan products. Finally they selected the solution from msg life with its sophisticated business processes and flexible, service-oriented IT architecture.
Merkur Versicherung AG
– die Vorsicherung –
For more than 20 years, the international subsidiaries of the Graz-based Merkur insurance group have been working with the Unified Administration Platform (UAP). Merkur is the first user of the all-sector Inventory Management System and, as a pioneer, has been one of the most important UAP development drivers.
Mobiliar is a successful Swiss life insurance company, a leader in whole life insurance and has significant market shares in disability insurance. Since 2005 the insurer has managed new unit-linked product business with solutions from msg life. Mobiliar also successfully completed the introduction of a dynamic hybrid product with msg life.
Polskie Towarzystwo Reasekuracji S.A.
In 2012 msg life supported PolishRe in the implementation of a new core reinsurance solution within the business requirements definition, tests coordination and project reporting to shareholders. msg life coordinated all activities of PolishRe experts during the project delivery and assured proper communication with the solution vendor.
Provinzial Rheinland is an insurance company in the German savings banks’ organisation Sparkassen-Finanzgruppe and market leader in its region. To consolidate and expand its position in the life insurance market Provinzial Rheinland has chosen the upgradeable standard software msg.Life Factory. Flexible customisation and a modern, service-oriented architecture were key criteria for integrating msg.Life Factory into the company’s IT environment, in particular the distribution system of the savings banks. Efficient, end-to-end business processes provide optimal support for the insurer’s omnichannel strategy.
SIGNAL IDUNA provides both insurance and financial services. The Group was created by a merger between Signal Insurance from Dortmund and the Iduna Nova Group from Hamburg. Deutscher Ring Krankenversicherungs-Verein is also part of the group. In future Signal Iduna will conduct all its life insurance business on the msg.Life Factory, making it an integral part of its IT architecture. Redundancies in the system have been eliminated and synergies created between internal and external sales staff, so reducing administrative expenses.
SV SparkassenVersicherung (SV) now pools the insurance products of the Sparkassen Finanzgruppe savings banks’ organisation in Baden-Württemberg, Hesse, Thüringia and parts of Rhineland-Palatinate. Around a quarter of the population of Germany lives in the SV sales area. Initially SV only implemented the modern solution from msg life for its unit-linked life insurance. Having worked together successfully, and following the merger of SV Baden-Württemberg with SV Hessen-Nassau-Thüringen to form the second-largest public-sector insurance company in Germany, a decision was taken to administer the entire portfolio of over 1.5 million contracts with systems and components from msg life.
VERKA KV manages a company pension plan for employees of the Protestant churches and their social and welfare organisations. In 2009 the insurer migrated some 40,000 policies to the policy administration system msg.Life with the help of msg life and currently manages 82,000 policies with the solution.
Viridium (ehemals Heidelberger Leben)
Viridium, formerly known as Heidelberger Leben, is a run-off insurance company owned by private equity manager Cinven and Hannover Rück. Viridium has invested a double-digit million sum in its IT in order to manage the insurance portfolios (‘closed blocks’) it acquires on a convenient and efficient platform. Viridium uses key components of the msg.Insurance Suite, combined with SAP components. The functional and technical competence of msg life in policy migration is a core element of Viridium’s business model.