Prima Solutions
Prima Solutions is a software development company based in Paris, France, with additional offices in Chicago and Tokyo. Established in 2000, the company specializes in providing a software framework that facilitates the transformation of legacy insurance information technology systems into modern, service-oriented applications. Its offerings include Prima Repository, an integrated suite designed for the development, deployment, and management of insurance applications; Prima IBCS, which addresses various insurance functional domains such as sales, administration, and claims management across multiple sectors including property, casualty, life, and health; and Prima Vanilla, a contract management system tailored for service-oriented applications. Prima Solutions aims to help insurance and reinsurance professionals accelerate their digital transformation by streamlining core business processes and enhancing enterprise agility through a highly configurable, modular, and cloud-based software suite.
Top Stages
3 past transactions
Effisoft
Acquisition in 2018
Effisoft specializes in delivering software solutions tailored for the Insurance, Reinsurance, and Risk Management sectors on a global scale. With nearly 30 years in the industry, the company has established strong relationships with clients, including risk managers, reinsurers, insurance companies, and brokerage firms. Effisoft's cloud-based platform effectively collects, centralizes, and analyzes data, accommodating multiple currencies and GAAP requirements. This functionality enables clients to manage their policies comprehensively, from underwriting through to switching and renewals. Over the past decade, Effisoft has achieved consistent growth and significantly expanded its international presence, maintaining its independence and proactive approach in the market.
ICOD
Acquisition in 2018
ICOD Inc is a Canadian company that specializes in providing software solutions for the life and health insurance industry. Founded in 1999 and operating as a subsidiary of Prima Solutions SA since September 2018, ICOD offers a comprehensive software platform designed to enhance agility and efficiency for insurers. Their solutions are available in both Software as a Service (SaaS) and on-premise formats, catering to the entire life cycle of an insurance policy. This includes functionalities for distribution, underwriting, contract management, claims processing, and financial management. With a focus on modular and multilingual capabilities, ICOD aims to deliver best-in-class solutions tailored to the needs of its clients in the insurance sector.
Tricast
Acquisition in 2017
Providing insurance companies with a set of business intelligence and actuarial tools to perform and run simulations.
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