Award in the Excellence in Service
Addactis has been awarded the XIII edition of the Línea Directa Aseguradora Award in the Excellence in Service category on May 19, 2023.
This award recognizes the professionalism, collaboration, dedication and effort of the suppliers, partners, and associates with whom the company has collaborated in 2022 and of which addactis is a part.
We want to thank our partners, associates and suppliers for their commitment, delivery and dedication that help us improve every day and advance in our strategic axes. For this reason, every year we celebrate our Linea Directa Aseguradora Collaborators Award, of which we have already held thirteen editions, to thank this teamwork.
Línea Directa Aseguradora and Addactis:
Collaboration and recognition
Addactis teams have won this award thanks to their collaboration, their added value and involvement in IFRS 17 implementation project of Línea Directa Aseguradora.
Thank you very much to the entire team at Linea Directa Aseguradora for this recognition which encourages us to go further and to better drive the insurance business forward.
Our collaboration with Addactis in the 2022 financial year has been very important and their involvement has been highly valued both by the Management Committee and by all the company teams with which they have worked.
Many thanks to Linea Directa for having us as partners. It is truly a pleasure to work with all the LDA teams. Very happy with this award and we hope to continue providing quality technical service. Thank you for the entire Addactis team and in particular Daiana Vainman and Johana Osorno Gómez who participated in this most recent project, leading the day-to-day action.
Addactis IFRS 17:
Preferred solution provider for insurers in Spain and Portugal
Addactis is becoming the first choice for all the insurance companies worldwide regardless of its sizes when it comes to pick a solution provider for the implementation project of the standard IFRS 17.
Addactis solutions and softwares are increasingly in demand and the Spanish and Portuguese markets are no exception. Currently, 46% of local Portuguese companies have already chosen the addactis® IFRS 17 solution, as well as other insurance companies in the Top 5 of the Spanish and Portuguese markets.
This positioning allows Addactis to have a global vision of the evolution of the market and the issues related to the implementation of the Standard.
Addactis IFRS 17 journey
Our IFRS 17 journey began nearly 20 years ago when we launched our first reserving software – IBNRS® – in 2003.
Over the years, we have been able to acquire a strong and recognized expertise in reserving calculation, and IFRS 17 has been the logical extension of our offer.
In 2017, we have created our internal Taskforce composed by R&D experts, actuaries and accountants, software designers… We have now succeeded in answering the main questions of insurers regarding IFRS 17: how to understand the regulation and above all, how to transform all the principles into a standard and flexible end to end solution covering all the topics:
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- Actuarial (Cash Flow/ RA /CSM engine)
- Finance (Subledger)
- IT (ETL and Dataflow of the process)
Discover now Addactis IFRS 17 solution and why it is the first choice for the international insurers.
Interview with Alejandro Garrido
Addactis’ IFRS 17 experience on the Spanish and Portuguese markets
- What are the local particularities and the differences between the Spanish and Portuguese markets?
- What are the main challenges that insurers must face and how Addactis help them tackle these challenges?
- Any advice for companies that have not started their implementation projects yet or are experiencing some technical difficulties?
Read our article and discover why Addactis is the solution provider of choice for insurers in Spain and Portugal.