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Continentale Insurance Group Selects SimCorp Dimension

The German insurance group will use the program for investment management.

Continentale Insurance Group, a Dortmund, Germany-based insurance group with more than 15 billion Euro under management, has selected SimCorp Dimension as its future investment management system. The group will use the system front-to-back, specifically to support its portfolio management operations, for controlling and accounting as well as for regulatory reporting.

“The extensive range of modular functionality within SimCorp Dimension means that we are able to tailor the system to our particular needs,” Dr. Gerhard Schmitz, board member responsible for Continentale's asset management, says in a statement. “Furthermore, the professional collaboration and support provided by SimCorp was decisive for our choice of vendor.”

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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