Adacta's business success in Azerbaijan – Insurance companies ATA Sigorta and Baku Sigorta introduce insurance information system developed by Adacta
Ljubljana, 01.12.2011: Director of Adacta Holding, Mr. Tomaz Volk signed three significant business contracts at the end of last week in Baku, the capital of Azerbaijan. In addition to signing a contract on the sale of licenses and the introduction of AdInsure, the comprehensive software solution for the insurance industry, to insurance companies ATA Sigorta and Baku Sigorta, Adacta also concluded a partnership agreement on the development and implementation of IT solutions with ATA Technology (part of Ata Holding).
"Adacta decided to penetrate the market of former Soviet Union. Our IT solutions for insurance companies are simply the perfect choice for this region. I am pleased to state that this is not only my personal opinion, but is confirmed by two actual orders." said Mr. Volk.
Azerbaijan counts 9 million inhabitants. It is situated between the Black and the Caspian Sea and borders with Armenia, Georgia, Russia and Iran. The capital, Baku with 2 million inhabitants is the largest city and, at the same time, the business and commercial center of the Caspian Sea. Azerbaijan is extremely rich in energy fuels, which constantly affects its political and economic growth.
ATA Sigorta (www.atasigorta.az) and Baku Sigorta (www.bakisigorta.az) are modern property insurance companies, established in 2000. They have been using unrelated information subsystems, developed partially within the insurance companies. Due to the continued business growth, both companies have recognized the need for an integrated, verified information system, available within a particular price range and capable of supporting the general economic conditions in the country. Adacta offered the right answers and reasonable price. In addition to automation of key business processes and extensive reporting system, introduction of insurance solutions will fully support these two companies for all types of sales channels and give them the possibility of an immediate introduction of new insurance products and offerings.
"Successful completion of both projects and collaboration with ATA Technology will open the door to further implementation of insurance IT solutions in the Caucasus region and other countries of the former Soviet Union" said Mr. Volk.
The signing of these two contracts has come across the huge response in the Azerbaijani media. The event was reported by three television stations, including the first national television, which confirms the importance of concluded transactions for the economy of Azerbaijan
(http://www.youtube.com/watch?v=vxUIZde7M3Q)
Adacta Group develops and implements business IT solutions, provides business consulting and manages change within companies. The Group is considered a market leader in development of insurance software and the introduction of Microsoft Dynamics ERP and Business Intelligence solution QlikView. Adacta is consisted of a company in Ljubljana, a branch office in Maribor and companies in Zagreb, Belgrade and Trieste. It employs over 250 experts, who have successfully participated in more than 350 projects aimed at improving business IT systems. Earlier this year, the group received a prestigious award, the QlikView and Microsoft Partner of the Year for 2011.

Mais Yusufov Direktor of »Ata Technology«

Tomaž Volk Direktor of »Adacta Holding«
Contact:
Natasa Vujicic, Marketing Manager
+381 62 80 52 720
+381 11 30 33 107

