IBA is the only new vendor added to 2020 Magic Quadrant for Non-Life-Insurance Platforms, Europe
“It was an important time for IBA to mark its presence in the market also in relation to the Magic Quadrant”, says Michael Koehn, CEO at IBA.
“IBA is experiencing a high demand for modernisation of insurers current systems as they plan for the future which includes end-2-end digital support for operations and business models. A demand for a platform that takes care of the insurers immediate need to liberate itself from the rigid and inefficient legacy technology, avoid building technical debt, stay current and compliant and be able to launch new products and business models fast.
I am very proud of the achievements of our team and excited about the visionary approach that many of our prospects and customers are taking.”