In addition to commercial business, VPV now also relies for it`s private business on Faktor Zehn Software
The signing of the contract on 10 December 2024 marks the start of an even closer partnership between the two companies.
VPV Versicherungen (VPV) is expanding its collaboration with Faktor Zehn and is now also relying on the software provider’s solutions for its private non-life business.
After successfully launching the implementation project for the new commercial system at the beginning of 2024, VPV has now decided to rely on Faktor Zehn’s software for its entire private business for non-life insurance. The insurer will use the Faktor-IPM policy system and the claims system Faktor-ICS for the P&C, liability, accident and legal expenses lines of business. The aim of the project is to modernise the IT landscape and replace the host.
The signing of the contract on 10 December 2024 marks the start of an even closer partnership between the two companies. The project will start in January 2025.
‘Modernising the IT landscape of our private non-life business is a key component of our strategy for the future. Our positive experience of working together in the commercial sector has confirmed our decision to focus on Faktor Zehn for the private non-life sector as well,’ says Steffen Guttenbacher, Member of the Executive Board for Non-life, Services and IT.
About VPV
Founded in 1827 and headquartered in Stuttgart, VPV is a modern financial services company with a tradition dating back more than 195 years. With over 1,000 employees in the office and in the field, VPV offers its clients a comprehensive range of insurances and other services – also in co-operation with strong partners. With total assets of 6.7 billion euros, VPV is today one of Germany’s medium-sized insurance companies.
Further information on VPV can be found at https://www.vpv.de/
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