DGAP-News: COR&FJA AG: MÜNCHENER VEREIN opts for COR&FJA's non-life insurance solution

DGAP-News: COR&FJA AG: MÜNCHENER VEREIN opts for COR&FJA's non-life insurance solution

ID: 22942

(firmenpresse) - COR&FJA AG / Contract

24.06.2010 10:44

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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MÜNCHENER VEREIN opts for COR&FJA's non-life insurance solution

(Leinfelden-Echterdingen, 24 June 2010) - The software and consulting
company COR&FJA AG has been commissioned by the MÜNCHENER VEREIN insurance
group to modernise its IT platform for policy portfolio and claims handling
in the composite insurance area (property, liability, accident and car
insurance - abbreviated in German as SHUK) for the private client and
commercial business. The company is going to achieve this by integrating
the standard software COR.FJA P&C (Property&Casualty) from the COR.FJA
Insurance Suite into MÜNCHENER VEREIN's system environment. The order
volume is at the lower end of the seven-figure scale. In this project,
which is soon to commence, MÜNCHENER VEREIN's IT environment in the SHUK
segment will be modernised and standardised and put on a
version-independent and scalable footing.

MÜNCHENER VEREIN had decided to use COR&FJA's standard software solution to
implement its project after carrying out a comprehensive analysis of all
the systems available on the market. One of the key factors in its decision
was the fact that the COR.FJA Insurance Suite was available as a modern and
service-oriented solution for all the aforementioned insurance segments
which basically provides efficient standard software components for
modernising the IT systems in the life assurance and health insurance
segments. This means that MÜNCHENER VEREIN is the second German insurer in
a short period of time to put its faith in COR&FJA's modern Java-based




non-life insurance solution.

About MÜNCHENER VEREIN

MÜNCHENER VEREIN Krankenversicherung a.G. and MÜNCHENER VEREIN
Lebensversicherung a.G. are mutual insurance associations (VVaG) and were
established in 1922 and 1927 respectively as self-help institutions to
protect the livelihoods of skilled tradesmen and their families against the
economic consequences of sickness and death. In 1956, MÜNCHENER VEREIN
Allgemeine Versicherungs-AG was established as a composite insurer. Today,
MÜNCHENER VEREIN operates as a modern insurance group with annual premium
receipts of more than EUR 655 million. Over the decades, the group has
shown itself adept at keeping the tariffs it offers not only to the trades
and crafts sector, but also to its target groups of public servants and the
over-50s, in line with the latest developments. Equipped with comprehensive
advisory competence and excellent service, combined with good value for
money, MÜNCHENER VEREIN is positioning itself as a high-quality operator on
the insurance market.

About COR&FJA

The COR&FJA Group is one of the leading software and consulting firms for
the European financial services industry, focusing on banks and insurance
companies as well as providers of company pension schemes. The services
range from standard software via consulting through to taking over IT
operations (Application Service Providing). The COR&FJA Group, which has
its headquarters in Leinfelden-Echterdingen and branches in Munich,
Stuttgart, Düsseldorf, Frankfurt, Hamburg, Kiel and Cologne, as well as
subsidiaries in the Netherlands, Austria, Switzerland, Slovakia, Slovenia,
Portugal and the US, employs more than 1,000 people.

Contact

COR&FJA AG
Corporate Communications
Karlsruher Straße 3
70771 Leinfelden-Echterdingen
Tel. +49 711 94958-0
E-mail: presse(at)cor.fja.com
Internet: www.cor.fja.com

Contact:
Frank Fahrner
COR&FJA AG
Karlsruher Straße 3
70771 Leinfelden-Echterdingen
Germany

Phone: +49 711 94958-730
Fax: +49 711 94958-8730
E-Mail: frank.fahrner(at)cor.fja.com





24.06.2010 10:44 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: COR&FJA AG
Karlsruher Straße 3
70771 Leinfelden-Echterdingen
Deutschland
Phone: +49 (0)711 94958-0
Fax: +49 (0)711 94958-49
E-mail: investor.relations(at)cor.fja.com
Internet: www.cor.fja.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 24.06.2010 - 10:44 Uhr
Sprache: Deutsch
News-ID 22942
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