Your software provider for core insurance systems

We have been providing Java-based software solutions and consulting services for insurance companies since 2004.

Team meeting on the terrace
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Faktor Zehn Keyfacts

Our focus is the insurance industry. With our experience, we understand the needs of our customers and develop optimal products for them with profound expertise.

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      Our industry

      IT for the insurance industry. We develop core insurance systems for well-known insurance companies.

    • Icon of two hands holding up a growing plant

      Our working environment

      We develop our products in-house and implement them at our customers’ sites, together with our parent company ConVista.

    • Icon of three people highlighted in the center foreground

      People

      More than 160 employees in Germany and Austria work for the mission of driving the digitalization of insurance companies.

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      Customers

      We have more than 20 satisfied customers. Among them are some of the largest insurance companies in Germany, as well as insurers from Austria and the Netherlands.

    • Location Icon

      Offices

      Our headquarters is located in Munich. In addition, we have locations in Cologne and Vienna.

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      Projects

      In our implementation projects, we work hand in hand with our customers. In total, we can already look back on more than 50 successful projects.

    • Diamond Icon

      Our industry

      IT for the insurance industry. We develop core insurance systems for well-known insurance companies.

    • Location Icon

      Offices

      Our headquarters is located in Munich. In addition, we have locations in Cologne and Vienna.

    • Handshake icon of two hands together forming a heart

      Customers

      We have more than 20 satisfied customers. Among them are some of the largest insurance companies in Germany, as well as insurers from Austria and the Netherlands.

    • Icon of three people highlighted in the center foreground

      People

      More than 160 employees in Germany and Austria work for the mission of driving the digitalization of insurance companies.

    • Icon of two hands holding up a growing plant

      Our working environment

      We develop our products in-house and implement them at our customers’ sites, together with our parent company ConVista.

    • Chart icon with an ascending arrow over the bar graph

      Projects

      In our implementation projects, we work hand in hand with our customers. In total, we can already look back on more than 50 successful projects.

  • Diamond Icon

    Our industry

    IT for the insurance industry. We develop core insurance systems for well-known insurance companies.

  • Icon of three people highlighted in the center foreground

    People

    More than 160 employees in Germany and Austria work for the mission of driving the digitalization of insurance companies.

  • Location Icon

    Offices

    Our headquarters is located in Munich. In addition, we have locations in Cologne and Vienna.

  • Icon of two hands holding up a growing plant

    Our working environment

    We develop our products in-house and implement them at our customers’ sites, together with our parent company ConVista.

  • Handshake icon of two hands together forming a heart

    Customers

    We have more than 20 satisfied customers. Among them are some of the largest insurance companies in Germany, as well as insurers from Austria and the Netherlands.

  • Chart icon with an ascending arrow over the bar graph

    Projects

    In our implementation projects, we work hand in hand with our customers. In total, we can already look back on more than 50 successful projects.

History of Faktor Zehn

From our first product system to today’s Faktor Zehn Suite.

1

2004 – Foundation of Faktor Zehn GmbH

With the mission to provide innovative software for the insurance industry, Dr. Florian Schwandt, Renate Hums and Jan Ortmann found Faktor Zehn GmbH at the end of this year.

2

2005 – Launch of the Faktor-IPS product management system

One year after its foundation, Faktor Zehn release its first software module. With the launch of Faktor-IPS, the cornerstone of the company’s success, as well as the technical basis for all further software modules, is created.

3

2006 – ConVista Consulting AG as cooperation partner

Faktor Zehn and ConVista sign a cooperation agreement for the area of product lifecycle management.

4

2007 – Foundation of the Faktor Zehn office in Vienna

In addition to the main location in Munich, Faktor Zehn also opens an office in the Austrian capital Vienna.

5

2011 - Merger plans with cooperation partner ConVista

In 2011, Faktor Zehn AG and the Cologne-based consulting firm ConVista start planning to merge under the umbrella of ConVista Consulting AG.

6

2012 – Merger with ConVista Consulting AG

As an expert in Java-based and non-SAP software, Faktor Zehn strengthens ConVista’s service offering in the insurance industry. From now on, ConVista acts as an implementation partner for future customer projects.

7

2014 – First Faktor-IPS User Group

This annual meeting is designed to promote the exchange of project experiences and the development of core insurance applications based on Faktor-IPS amongst and with our customer base. In addition, the community contributes technically and conceptually to the further development of the Faktor-IPS tool.

8

2014 – Faktor-IOS launch and Relocation of the Munich Office

The Faktor-IOS offer and quotation software launched in this year. Also the main office in Munich moves – the old office closes its doors and Faktor Zehn moves into new premises at the Friedenheimer Brücke, not far from the Hirschgarten.

9

2016 – Launch of the insurance policy management system Faktor-IPM

The third software module from Faktor Zehn, Faktor-IPM, is released and is implemented at the first customer in the same year.

10

2017 - Launch of the Faktor Zehn blog

At the beginning of 2017, the official Faktor Zehn blog is launched. Via this channel, Faktor Zehn employees report at regular intervals on technical as well as professional insurance topics and provide insights into their own day-to-day work.

11

2018 – Launch of the Faktor-ICS claims system

To complete the full coverage of core insurance processes by Faktor Zehn software, the claims management system Faktor-ICS is launched in 2018.

12

2019 – Anniversary of Faktor Zehn and the ConVista and Faktor-IBP launches

Faktor Zehn celebrates its 15th anniversary, while ConVista celebrates its 20th anniversary. In the same year, the Insurance Business Partner (Faktor-IBP) is launched.

13

2021 – First award by Great Place to Work®

Faktor Zehn GmbH is awarded as a Great Place to Work for the first time. The software house achieves 2nd place three times in the size category 50 to 250 employees in the following categories: Best employer in Germany, best employer in Bavaria and best employer ITK.

14

2021 – Renaming of the User Group

Due to the continuous expansion of the product portfolio and the content of the annual community meeting, the Faktor-IPS User Group is renamed as the Faktor Zehn User Group.

15

2022 – Launch of the commission system Faktor-ICO

The commission solution Faktor-ICO is developed in close cooperation with BavariaDirekt and completed in 2022. After a project duration of seven months, the commission module goes live for the first time at the Bavarian insurance company.

Our values

Truthful, open, excellent – and fun at work

In our projects, we work hand in hand with our customers. We attach great importance to acting and communicating honestly and openly – in all areas, with our customers and internally. We strive for an optimal solution and excellence in all details. Through these high demands and their fulfillment, not only are our customers very satisfied, but we are too – this is the basis for finding lasting pleasure in our work.

Discover our Products

Use the modules individually or cover all your core processes with our suite.

    • Transparent Faktor Zehn Suite product logo

      Faktor Zehn Suite

      All-in-one solution to cover all your core processes

      Learn more
    • Transparent Faktor-IPM product logo

      Faktor-IPM

      Policy management software for maximum efficiency

      Learn more
    • Transparent Faktor-ICO product logo

      Faktor-ICO

      Commission system for simple compensation management

      Learn more
    • Transparent Faktor-IPS product logo

      Faktor-IPS

      Open Source product management system and development tool

      Learn more
    • Transparent Faktor-ICS product logo

      Faktor-ICS

      Claims management system that realizes automation potential

      Learn more
    • Transparent Faktor-IPO product logo

      Faktor-IPO

      End customer portal for easy policyholder self-service

      Learn more
    • Transparent Faktor-IOS product logo

      Faktor-IOS

      Offer and quotation software for efficient omnichannel distribution

      Learn more
    • Transparent Faktor-IBP product logo

      Faktor-IBP

      Business partner system for a 360-degree view of customers and prospects

      Learn more
    • Transparent Document Center product logo

      DocumentCenter

      Output management system for central document management

      Learn more
    • Transparent Faktor Zehn Suite product logo

      Faktor Zehn Suite

      All-in-one solution to cover all your core processes

      Learn more
    • Transparent Faktor-IOS product logo

      Faktor-IOS

      Offer and quotation software for efficient omnichannel distribution

      Learn more
    • Transparent Faktor-ICS product logo

      Faktor-ICS

      Claims management system that realizes automation potential

      Learn more
    • Transparent Faktor-ICO product logo

      Faktor-ICO

      Commission system for simple compensation management

      Learn more
    • Transparent Document Center product logo

      DocumentCenter

      Output management system for central document management

      Learn more
    • Transparent Faktor-IPS product logo

      Faktor-IPS

      Open Source product management system and development tool

      Learn more
    • Transparent Faktor-IPM product logo

      Faktor-IPM

      Policy management software for maximum efficiency

      Learn more
    • Transparent Faktor-IBP product logo

      Faktor-IBP

      Business partner system for a 360-degree view of customers and prospects

      Learn more
    • Transparent Faktor-IPO product logo

      Faktor-IPO

      End customer portal for easy policyholder self-service

      Learn more
  • Transparent Faktor Zehn Suite product logo

    Faktor Zehn Suite

    All-in-one solution to cover all your core processes

    Learn more
  • Transparent Faktor-IPS product logo

    Faktor-IPS

    Open Source product management system and development tool

    Learn more
  • Transparent Faktor-IOS product logo

    Faktor-IOS

    Offer and quotation software for efficient omnichannel distribution

    Learn more
  • Transparent Faktor-IPM product logo

    Faktor-IPM

    Policy management software for maximum efficiency

    Learn more
  • Transparent Faktor-ICS product logo

    Faktor-ICS

    Claims management system that realizes automation potential

    Learn more
  • Transparent Faktor-IBP product logo

    Faktor-IBP

    Business partner system for a 360-degree view of customers and prospects

    Learn more
  • Transparent Faktor-ICO product logo

    Faktor-ICO

    Commission system for simple compensation management

    Learn more
  • Transparent Faktor-IPO product logo

    Faktor-IPO

    End customer portal for easy policyholder self-service

    Learn more
  • Transparent Document Center product logo

    DocumentCenter

    Output management system for central document management

    Learn more

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