adesso SE: new contracts for the implementation of in|sure at high-profile insurance companies create significant licence revenue in the fourth quarter

Further high-profile insurance companies chose to use the adesso Group's in|sure product family in December 2019. Continentale Krankenversicherung a.G., one of the ten largest private health insurance companies in Germany, plans to switch the basis of its current system environment for inventory and claims management to in|sure by 2023. In addition to comprehensive insurance plans, a special focus will be placed on the modelling of collective contracts, which will be supported in future by the new in|sure Health Collective module.

Following last year's decision by DEVK to rely on in|sure for the management of private health insurance contracts, the company has now purchased a licence to use the in|sure PSLife policy management system for life insurance. DEVK plans to use PSLife to manage its pension funds in future. The system will build on in|sure CollPhir for company pensions, which has since been integrated into in|sure.

The new contracts cover licences worth over EUR 5 million, largely to be recognised in the fourth quarter of 2019. adesso SE and its clients have also signed implementation agreements and multi-year maintenance contracts.

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