New project completed with success: SOKA-BAU migrates two million policies with adesso - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 14, 2023 Newswires
Share
Share
Post
Email

New project completed with success: SOKA-BAU migrates two million policies with adesso

DACH Markets (Web Disclosure) via PUBT
x

  • Industries
    • Automotive
    • Banks / Financial services
    • Building and Living
    • Utilities
    • Healthcare
    • Retail
    • Life Sciences
    • Lottery
    • Manufacturing Industry
    • Media and Entertainment
    • Exhibition corporation
    • Food and luxury food industry
    • Sports
    • Public authorities
    • Public transportation
    • Insurance
  • Technologies
    • AWS
    • Cloud Transformation
    • Google
    • Java
    • Microsoft
    • Salesforce
    • ServiceNow
    • Technology Radar
  • Services
    • Test management
    • ITMC
    • Requirements Engineering
    • Project management
    • InnovationWERKstätten
    • Design Thinking
  • Impulses
    • Boundless Data
    • Data and Analytics
    • Digital Commerce
    • Digital Experience / Customer Experience
    • Digital transformation
    • Generative AI
    • Interaction Room
    • IT-Management Consulting
    • Artificial Intelligence
    • Organisational consulting
    • Security Services
    • SmartShore
  • Company
    • About adesso
    • Milestones
    • Management
    • Sites
    • Research and teaching
    • Sustainability
    • Diversity, Equity & Inclusion at adesso
  • Jobs & Career
    • Our job offers
    • Entry opportunities
    • Start
    • Career in the adesso group
    • Working environment
    • Development
    • care[4]adessi
  • News Center
    • News
    • Blog
  • Contact
x

  • Our job offers
  • Entry opportunities
  • Start
  • Career in the adesso group
  • Working environment
  • Development
  • care[4]adessi
No JavaScript activated!

Press Releases

Dortmund| 14. December 2023

New project completed with success: SOKA-BAU migrates two million policies with adesso

Earlier this month, SOKA-BAU, one of the largest pension funds in Germany, migrated a total of 1.94 million life insurance policies with the help of adesso insurance solutions. Currently in the midst of a full-scale digitization project designed to automate business processes, SOKA-BAU hopes to create the basis for further digitization and therefore opted for the policy management system in|sure PSLife from adesso insurance solutions.

Migration of life insurance policies is extremely complex

Migration projects are especially challenging in the world of life insurance and company pension schemes. This type of individual insurance not only involves long policy terms (up to 60 years and more), but also complex mathematics.

"adesso has proven to be an excellent partner for a migration project of this magnitude and complexity," asserts Gregor Asshoff, member of the management board at SOKA-BAU. "Aware of our plans to transform our entire application landscape, the adesso team impressed with its outstanding service approach and work, which allowed us to both meet our schedule and stay within the calculated budget. This is, of course, not always a given for complex migration projects. We're thrilled to now be able to manage our customer policies with a new, state-of-the-art IT platform."

Gregor Asshoff, board member at SOKA-Bau (Image source: SOKA-Bau)

"If we count the SOKA-BAU project, we've now migrated a total of three million policies for our customers," declares Andreas Nolte, CEO of Afida and future spokesman of the management board at adesso insurance solutions. "As far as we know, this project involved the largest single migration of company pension scheme policies in Germany - a good reason to be proud and to thank our customers for their trust. It has also provided us with an excellent basis for our software-as-a-service business in life insurance via Afida."

Andreas Nolte, Managing Director of Afida and future Spokesman of the Management Board at adesso insurance solutions (Image source: adesso insurance solutions GmbH)

Press service

Materials for media reports

With our press service, we provide you with various materials that complement our corporate news or serve as background information.

To the press service

Do you have any questions?

Do you have any questions about our press service or a specific request? Please contact us.

PR Agency
PR-COM GmbH
Sendlinger-Tor-Platz 6
80336 Munich
www.pr-com.de

Christina Haslbeck
+49-89-59997-702
christina.haslbeck@pr-com.de

Melissa Gemmrich
+49-89-59997-759
melissa.gemmrich@pr-com.de

Contact

Share this page

Save this page.Remove this page.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

adesso AG published this content on 14 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2023 08:00:12 UTC.

Older

Three midsize luxury SUVs excel in back seat protection

Newer

IDFC FIRST Bank, LIC Cards and Mastercard Collaborate to Launch a Co-Branded Credit Card to Meet the Financial Needs of India [Business Wire India]

Advisor News

  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
  • When a client moves, their insurance plan needs to move, too
More Advisor News

Annuity News

  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
More Annuity News

Health/Employee Benefits News

  • FEDERATION OF AMERICAN HOSPITALS NAMES PAUL EITING VICE PRESIDENT, POLICY
  • Most Americans support switch to Medicare for all health insurance
  • East Hartford woman charged with double-dipping from Medicaid caregiver programs
  • GLP-1 users choose between medication and retirement saving
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • CP13/26 THE PRUDENTIAL REGULATION AUTHORITY'S AUTOMATIC THRESHOLDS INDEXATION FRAMEWORK
  • Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions
  • Symetra Named a Fortune Best Workplace in Financial Services & Insurance™ for Fourth Consecutive Year
  • 1 in 3 U.S. workers do not have a legacy plan in place
  • MassMutual Enhances Permanent Life Insurance Portfolio With Launch of Whole Life Guard 10 Pay and Whole Life 95
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.