List of Faktor-IPM Customers
Faktor Zehn
Friedenheimer Brucke 21,
Munich, 80639,
Germany
Munich, 80639,
Germany
49 89 520 311 0
Professional Services
200
$30M
Since 2010, our global team of researchers has been studying Faktor-IPM customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Faktor-IPM for Insurance Policy Administration from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Faktor-IPM for Insurance Policy Administration include: Provinzial Group, a Germany based Insurance organisation with 12000 employees and revenues of $8.51 billion, Nurnberger Allgemeine Versicherungs, a Germany based Insurance organisation with 5300 employees and revenues of $5.12 billion, Versicherungskammer Bayern, a Germany based Insurance organisation with 772 employees and revenues of $2.44 billion, GVV Versicherung, a Germany based Insurance organisation with 330 employees and revenues of $302.0 million and many others.
Contact us if you need a completed and verified list of companies using Faktor-IPM, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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GVV Versicherung | Insurance | 330 | $302M | Germany | Faktor Zehn | Faktor-IPM | Insurance Policy Administration | 2025 | n/a |
In 2025, GVV Versicherung implemented Faktor-IPM as part of a broader adoption of the Faktor Zehn Suite, operating the solution in a cloud-based SaaS model to centralize Insurance Policy Administration for its property and casualty and municipal insurance business. The program is framed as a complete renewal of core systems for composite insurance, with the official project launch occurring on June 1, 2025 following an initialization phase.
Faktor-IPM and the Faktor Zehn Suite were configured to deliver core functional modules including product management, inventory management, quote and application management, claims management, and partner management. Configuration work focused on standardization and automation to enable more flexible product development and increased straight-through processing, reflecting the suite’s built-in product and policy orchestration capabilities for Insurance Policy Administration.
Operation and deployment are provided entirely in the cloud by Faktor Zehn in cooperation with the cloud specialist cc cloud codecentric AG, and the initial project phase prioritizes integration of the new systems into GVV Versicherung’s existing IT landscape. The first product rollout targets household contents insurance, with plans to onboard additional property lines and subsequently liability, accident, motor vehicle, and municipal lines onto the same platform, establishing a unified policy administration backbone.
Governance and run practices emphasize continuous system monitoring and optimization managed by Faktor Zehn, enabling early identification and targeted implementation of improvement potential. Project communications and executive statements indicate the SaaS operation was selected to meet high regulatory requirements while creating a foundation for scalable, cost efficient IT operations and faster, more integrated application and processing procedures.
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Nurnberger Allgemeine Versicherungs | Insurance | 5300 | $5.1B | Germany | Faktor Zehn | Faktor-IPM | Insurance Policy Administration | 2022 | n/a |
In 2022 Nurnberger Allgemeine Versicherungs implemented Faktor-IPM, the Faktor Zehn policy system, as its Insurance Policy Administration platform. The initial deployment focused on commercial business as part of a new non-life platform using Faktor-IPM to centralize policy processing and administration.
Faktor-IPM was deployed in tandem with Faktor-IPS product system and Faktor-IOS offer and quotation solution to create an integrated offer to policy lifecycle. Configuration and functional workstreams covered policy administration, product modeling, pricing and benefits definition, and the quote to policy handoff between Faktor-IOS and Faktor-IPM to support underwriting and policy issuance workflows.
Operational rollout extended to private business at the beginning of July 2023 from Munich and Nuremberg, bringing the Private Line LOBs household, liability, accident and building live on the new platform. Governance and rollout were executed as staged line of business cutovers with centralized product and pricing configuration, constituting a major project milestone on the program's transformation course.
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Provinzial Group | Insurance | 12000 | $8.5B | Germany | Faktor Zehn | Faktor-IPM | Insurance Policy Administration | 2023 | n/a |
In 2023 Provinzial Group launched a project to deploy Faktor-IPM within its Insurance Policy Administration landscape as a central component of a cloud native mobility solution. The initiative explicitly targets motor business across private and commercial vehicle insurance, vehicle fleets and fleet management, and spans Provinzial companies including S-Direkt and the specialty insurer OCC, covering all sales channels and customer segments.
The implementation uses the Faktor Zehn product suite with product management via Faktor-IPS, policy management via Faktor-IPM, and offer and quotation capabilities via Faktor-IOS, all aligned to standard Insurance Policy Administration workflows. Faktor-IPM is configured to support German motor-specific functional requirements such as mapping different vehicle types, management of no-claims bonuses, vehicle fleet administration, and migration support while running on a modern technology stack intended for cloud operation.
Integrations are planned and described at the process level, notably supporting electronic vehicle registration flows with integration to eVB and VWB processes, and leveraging prior experience with Faktor Zehn in the Group’s ProTect subsidiary. Operational coverage is group wide, intended to serve the Provinzial Group regional insurers across northern and western Germany and to unify motor processes across direct and intermediary distribution channels.
Governance and rollout began with an initialization phase in January 2023 and is organized as a joint program with Faktor Zehn responsible for software, implementation and operation. The program is positioned to enable future mobility business models and to expand Provinzial’s mobility services through a standardized, cloud operated Insurance Policy Administration backbone.
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Versicherungskammer Bayern | Insurance | 772 | $2.4B | Germany | Faktor Zehn | Faktor-IPM | Insurance Policy Administration | 2016 | n/a |
In 2016, Versicherungskammer Bayern implemented Faktor-IPM. Faktor-IPM is a modern Java-based contract system in the Insurance Policy Administration category that was chosen because joint modeling of product and contract reduces time-to-market and flexible modeling functionality allows easy integration of the existing business model. The solution leverages a service oriented architecture to support integration into the insurer's to-be architecture and to enable configurable product and contract templates for policy configuration and contract lifecycle management.
Implementation concentrated on configuring Faktor-IPM's product and contract modeling capabilities to align with Versicherungskammer Bayern business rules and policy administration workflows, embedding contract lifecycle management and product configuration into operational processes. Integrations were executed against the target architecture using the platform's service oriented interfaces to enable interoperability while preserving the insurer's overall IT structure. The deployment produced a customized Insurance Policy Administration solution described as delivering maximum economic efficiency and minimum project risk.
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FAQ - APPS RUN THE WORLD Faktor-IPM Coverage
Faktor-IPM is a Insurance Policy Administration solution from Faktor Zehn.
Companies worldwide use Faktor-IPM, from small firms to large enterprises across 21+ industries.
Organizations such as Provinzial Group, Nurnberger Allgemeine Versicherungs, Versicherungskammer Bayern and GVV Versicherung are recorded users of
Faktor-IPM for Insurance Policy Administration.
Companies using Faktor-IPM are most concentrated in Insurance, with adoption spanning over 21 industries.
Companies using Faktor-IPM are most concentrated in Germany, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of Faktor-IPM across Americas, EMEA, and APAC.
Companies using Faktor-IPM range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 50%, large organizations with 1,001-10,000 employees - 25%, and global enterprises with 10,000+ employees - 25%.
Customers of Faktor-IPM include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified Faktor-IPM customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Insurance Policy Administration.