June 2, 2010

Mantacore Strengthen its Team with Appointment of International Sales Director

Mantacore AB, a Swedish software developer of IT software solutions for the insurance industry, has appointed Michael Staack as International Sales Director of the company.

Michael Staack brings 25 years of experience from the finance and insurance field, where he held positions as Scandinavian and Central European Sales Manager. Most recently Michael Staack worked for TIA Technology, and has formerly worked with the financial industry in companies such as SAS Institute, CSC and SAP.

With strong ownership and stable income from a well-established customer base in the Nordic region have Mantacore is now focusing on growth and are aiming for a leading position in the European marketplace.

"Both from an organizational and product point of view Mantacore have exactly what the insurance industry needs to meet business challenges and regulatory requirements. FlexSure gives them - both in the short and the long term - the ability to ensure cost effective operation and the required adaptability to a rapidly changing market, "said Michael Staack.

Innovative software for increased flexibility in a rapidly changing marketplace
The insurance industry is under strong pressure to deliver change and standardization. Regulation, new products and distribution channels are at unprecedented levels. These pressures challenge well established insurers to re-think and act in accordance to the new game rules - with their biggest challenge often being web enabling old legacy IT solutions.