Polish Asseco CE is expanding on the international digital insurance market

18 February 2021 — Alexandra GUZUN
After the successful partnership in Slovakia and Czechia focusing on provision of IT solutions on the Platform as a Service (PaaS), Asseco Central Europe and Youplus Insurance International AG have agreed on another cooperation, aiming to gradually expand in German speaking countries.

The agreement was signed for the next four years and represents a continuation of the partnership intended for the new life insurance companies established and operating under the brand name YOUPLUS. The strategic partnership with the Youplus International Insurance AG represents further evidence of the continuing process of insurance digitization and will accelerate online processes and services.

Asseco Poland is the largest Polish IT company, the number one provider of state-of-the-art IT solutions in Central and Eastern Europe, as well as one of the largest software vendors in Europe, present in 60 countries worldwide.

Martin Vogl, Chairman of the Board of Directors, Youplus Insurance International AG stated: "Together with Asseco, our strategic IT partner, we launched in 2019 our YOUPLUS life insurance solution in CZ. After the very successful launch in CZ we also launched YOUPLUS in 2020 in SK. Despite the ongoing Corona crisis, we decided to extend our YOUPLUS new business activities also into the German speaking countries of Europe and further invest into our digital capabilities. This long-term agreement with Asseco enables our partnership to further strengthen our insurance platform with cutting edge IT solutions and enlarge our footprint in Europe."

"The agreement we have signed represents a strategic partnership between YOUPLUS insurance company and Asseco and our role is to secure implementation of the IooX - Insurance out of the Box solutions for YOUPLUS insurance company's branches newly established in German-speaking countries (Austria, Germany and Switzerland)," Jozef Klein, CEO and chairman of the Board of Directors of Asseco Central Europe, said.

IooX - Insurance out of the Box solution supports highly flexible paperless processing and digital insurance activities, so Asseco CE may provide Youplus Insurance International AG insurance company with a full-scale software solution for all front-end and back-office requirements, such as: medical UW tool integration which has been developed with close cooperation with Youplus as tailor-made tool and fits to specific local market needs.

Krzysztof Bondyra, Insurance Business Unit Director, Asseco Central Europe also said: "Thanks to the technical solutions from Asseco we can support our clients in achieving their business goals. Both agents and clients can communicate with the insurance company during their whole customer journey exclusively electronically, i.e. "fully digitally", via very attractive user environment built on responsive user experience design".

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