Nieuwegein/Paris, 27 January 2023 – Total Specific Solutions (“TSS”) have acquired Prima Solutions, one of the French leaders in software publishing for insurance professionals. This acquisition allows TSS to establish itself in the insurance market in France and strengthen its presence in this country. Prima Solutions will be the 16th company in the French-speaking market to integrate TSS Group, the French division of TSS.
Prima Solutions provides insurers with innovative cloud platforms designed to modernize existing systems and streamline core business processes and accelerate their digital transformation. Thanks to its highly configurable and modular software, Prima Solutions takes care of the complete management of the life cycle and the management of non-life, health, pension and borrower insurance. Easily integrated into customer ecosystems, its platforms meet both back, middle and front office needs with an online space for interaction between insurers and end customers (individuals and businesses) but also with distributors. (brokers, banks, delegates, etc.) .
Dorinda van Oosten, CEO of TSS, is delighted with this operation: “The purchase of Prima Solutions strengthens TSS’s position on the market for software dedicated to the insurance sector. Prima Solutions is our first French company in this market and it is a significant reference in this country. It targets the largest insurance companies and offers them advanced cloud solutions. As a vertical supplier providing its customers with critical solutions for the management and control of their core systems, Prima Solutions is fully aligned with TSS’s acquisition strategy. In addition, Prima Solutions offers a complete set of services that allow its customers to easily integrate its platforms while supporting the end users as closely as possible. This customer-oriented approach fits perfectly with our vision.
I look forward to introducing Prima Solutions President Hugues Delannoy and his team to colleagues at TSS and CSI and exposing them to our company’s many best practices with the goal of further increasing customer value and growing their business. »
For his part, Hugues Delannoy, president of Prima Solutions, states: “In our industry, rules and requirements are constantly changing and becoming stricter. This is why insurance companies rely on specialized vertical software vendors. Our company has focused on this sector since its establishment. For more than 20 years, Prima Solutions has been one of the market leaders in France and has built up a unique expertise in insurance specifics as well as French and European regulations. Today, we are happy to be part of an international group that believes in the value of vertical publishers and that advocates a “buy-and-hold-forever” strategy that guarantees lasting stability for our customers and our teams. We will thus be able to benefit from new perspectives related to the management of vertical publishers and discover and then reject the best practices of companies already operating within the TSS/CSI group, regardless of whether they operate in the insurance sector or in other sectors. Likewise, we will be able to share our knowledge and know-how accumulated over the years in the InsurTech world. It is with pleasure that we join Groupe TSS, within which Prima Solutions will continue its adventure, surrounded by like-minded industrial software companies, all owned by TSS. »
About Total Specific Solutions (TSS)
Total Specific Solutions (TSS) is one of the European leaders in the technology industry, offering its customers software and services specific to their market segment. This expertise is based on decades of experience. TSS is active in the healthcare, public administration, financial and legal services, accounting, agriculture, automotive, construction, education, hospitality, industrial, maritime, mobility, real estate and distribution sectors. TSS is a subsidiary of Topicus.com Inc, a Toronto listed company on the Canadian TSX Venture Exchange. Topicus.com Inc is part of Constellation Software Inc (CSI), a global provider of vertical software publishers.
More information on the website www.totalspecificsolutions.com.
For more information :
Totally specific solutions
Dorinda van Oosten
General Manager
Email: d.vanoosten@tss-vms.com
Phone: + 31 (0) 6 3929 2545
Totally specific solutions
Othman Ghana
Portfolio manager/Investment director
Email: o.ghannam@tss-vms.com
Phone: +33 (0) 6 4789 6720
If you run a vertical market software business in France and want to know how to join TSS, contact:
Othman Ghana
Portfolio manager/Investment director
Telephone: +33 (0) 6 4789 6720
Email: o.ghannam@tss-vms.com