Adcubum is a leading Swiss software manufacturer for the international insurance industry.

Its core business is the development and maintenance of the standard software adcubum SYRIUS, a modular system for health, accident and non-life insurance. The adcubum SYRIUS software is multilingual, converts multiple currencies and consists of eight coordinated modules that cover the entire value chain (end-to-end solution) of an insurance company. The system maps insurance products, operates distribution channels, generates offers, manages contracts, maintains customer and partner data, tests benefits and claims as well as compiles accounts.

In collaboration with qualified and specialized partner companies, Adcubum offers assistance with product launch and optimisation as well as further necessary services such as consulting, implementation, migration, roll-out planning and support through its unit adcubum SERVICES.

Finally, the adcubum ACADEMY offers customers, system integrators, product partners and other interested parties courses at its professional training centre to become certified adcubum SYRIUS specialists in all aspects.

Target group

The target group of Adcubum are insurance companies with information systems in need of renewing who wish to (partially) replace or expand their system, internationalize their business or launch a start-up. The field-proven system is suitable for individual and group policies (B2C and B2B) and is successfully in use at insurance companies of all sizes 5,000 - 2,500,000 persons insured with up to 10 million contracts, 30 million annual benefits and claims and a premium volume of € 8 billion. With 12 customers running adcubum SYRIUS and many ongoing projects including projects in the non-life insurance sector, Adcubum today operates from a strong position. Adcubum is the market leader in the Swiss health insurance market and in the social insurance market in Slovakia. Through the Swiss Health Platform (SHP), a centralised solution for several small and large health insurers in Switzerland, adcubum SYRIUS has also established itself as an outsourcing solution.

Market positioning

Adcubum stands out from the global competition mainly through quality and irreproachable customer service. The claim “Precision. Swiss Made” stands for our corporate philosophy, namely precision, reliability and passion for the customer and the product. Adcubum relies not only on successful project implementations - all implementations so far have been successful - but also on continuous customer value. Regular new software releases, a flexible product engine, the design paradigm “parameterization instead of programming”, a cooperative education of our customers and involvement in the implementation phase enables them to adapt their IT independently, flexibly and quickly to new market needs and –strategies throughout the entire life cycle. The goal of Adcubum is that our clients are among the best in the industry.

Organization and structure

The foundation for the successful history of Adcubum was laid in 1997 by students of the technical college of St. Gallen.

Their goal was to create a modern system that is tailored specifically to the complex needs of the insurance industry.

Today, more than 150 insurance and IT experts are working for Adcubum. The company has been profitable since its founding and regularly achieves high growth rates. Due to a high equity ratio, the company has a sound financial position.

Adcubum is a privately owned company. In addition to its founders, the management and employees, Adcubum’s majority holders are a long-term oriented Swiss investor group headed by Francisco Fernandez and Dr. Didier Sangiorgio. Francisco Fernandez has further developed Avaloq PLC from a local company of 5 employees to a leading international manufacturer of standard software for the banking sector with over 600 employees.

The figure below outlines the organizational structure of the group