Helsana Group acquires software company Adcubum

The Helsana Group is taking over Adcubum AG, which is majority-owned by the American private equity company TA Associates. Adcubum will be assigned to the Helsana Group's holding company and will remain an independent company headquartered in St. Gallen. All existing contracts will be fulfilled. Operational management will remain with the current management, and all employees will be retained. "With this investment, Helsana wants to maintain and further develop its stable, efficient and innovative health insurance software," says Helsana CEO Roman Sonderegger, explaining the takeover of Adcubum. "The investments and targeted innovations for the software will benefit Helsana and all health and accident insurers that work with Adcubum. This will ultimately benefit millions of insured persons throughout Switzerland".

Equal treatment of all customers

As the new owner, Helsana promises that Adcubum will continue to operate as an independent company. With this in mind, the majority of Adcubum's new Board of Directors will in future be made up of people who are independent of Helsana, the company announced. Adcubum is also committed to ensuring that all customers have equal access to products and services at fair prices.

Digitalization and resilient IT systems are key in a mass business such as insurance. Helsana and Adcubum have been working closely together for over a decade. The takeover should therefore also be seen in the context of Helsana's strategic development, according to the statement. The takeover strengthens digital expertise and is a decisive step towards even greater efficiency and innovation.

Adcubum with long-term oriented Swiss owner and clear ambitions

With the leading health insurer Helsana, Adcubum gains a long-term Swiss owner that is also an important customer. This creates additional opportunities to take the needs of Swiss health and accident insurers even more into account in future and to implement innovation projects efficiently. Adcubum wants to play an active role in shaping the digital transformation in the healthcare sector and further expand its position as a leading provider of insurance software in this area. With its combination of technological expertise and broad access to industry knowledge, the company will continue to focus on innovative solutions.

No premium money for takeover

The acquisition is being carried out by Helsana Beteiligungen AG, a company specializing in investments in the healthcare sector. The purchase will be financed via the holding company (Helsana Ltd). The insurance business will not be affected and no premium money will be used for the purchase of Adcubum. The parties have agreed not to disclose the purchase price.

Source: Helsana