Overview
Product Information on msg.Life Factory
What is msg.Life Factory?
msg.Life Factory Pricing
Overall experience with msg.Life Factory
“Full-fledge System for managing all claims of Life Ins. Highly active customer community”
About Company
Company Description
Msg life is a prominent IT specialist company for insurers. With over four decades of experience and extraordinary actuarial expertise, msg life provides an advantageous combination of specialist knowledge of its actuaries and IT professionals for its clients. Its diverse portfolio encompasses standard software, tailored services, and cloud solutions catering to the contemporary demands and future needs. The relentless sharpening of their solutions to align with market requirements provide sustainable use of advanced software architecture and valuable products. Msg life assists insurers in adapting to changing consumer patterns, developing new products swiftly and cost-effectively, thereby ensuring the insurers' competitive advantage. The company operates from offices in several cities across Europe and the USA, and boasts of a team of more than 1200 employees. The leadership team includes Dr. Andrea van Aubel, Francesco Cargnel, Robert Hess, Milenko Radic, and Dr. Wolf Wiedmann.
Company Details
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Reviewer Insights for: msg.Life Factory
Performance of msg.Life Factory Across Market Features
msg.Life Factory Likes & Dislikes
Very large scope of functions with extensive possibilities of customizations. Highly adaptable to customer'S technical requirements (e.g. operating systems, data base systems).
partnership; explicit focus on life; good specialist know-how at msg life
Standard Products & Processes High integrability with predefined interfaces Highly qualified ressources High reliability/experience of the supplier
Interaction between the standard development of the product and the customer development teams could be more efficient. Relative high customer-indefined expenses in the context of release changes - automated standard testingprocedures of the provider could be more extensive.
workflow management is still insufficient
Customisation is expensive, better to stick to standard Project Management is still very waterfall
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msg.Life Factory Reviews and Ratings
- Project Manager50M-1B USDInsurance (except health)Review Source
Full-fledge System for managing all claims of Life Ins. Highly active customer community
Good product wich covers all necessary aspects of life insurance. Offers many possibilities of individualization. Thanks to the large customer community, synergies can be exploited in the development of new topics. - Computer Science Life1B-10B USDInsurance (except health)Review Source
Technically up to date, high professionally competence
The application is technically and professionally up to date and offers a good basis for the life insurance policy administration. However, considerable customizing is required. The cooperation with msg life works well. - Solution Train Engineer50M-1B USDInsurance (except health)Review Source
Complete solution for management of life insurance policies
Complete solution for management of life insurance policies The Solution offers a number of standard products and processes that are perfectly adapted to life insurance. Integration possibilities are good with predefined interfaces. Teams are qualified and support the customer. A large User Group but with a focus on Germany - Head Of Portfolio Management1B-10B USDInsurance (except health)Review Source
Good product and partnership
very good partnership, good fit of product features to our business model, very good possibiltiy to customize functionalities, integration to overall applications very easy - Program Manager1B-10B USDInsurance (except health)Review Source
Very short implementation time but you always have effort implementing an new release
Very good knowledge about life insurance, good teamwork. Very short project phase for going live for new contracts (12 months), fast step into automatic processing of new contracts (only four months after going live).