Assfinet
Assfinet is a German software company that builds cloud-based administration and distribution software for insurance brokers, insurers, and managing general agents, with AI-enabled document automation and BiPRO-compliant insurer integrations.
- Company typePrivate
- Founded1991
- HeadquartersGrafschaft, Germany
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Assfinet does
Assfinet (legal entity ASSFINET GmbH) is a German insurance distribution software vendor founded in 1991 and headquartered in Grafschaft near Bonn, operating as a subsidiary of the Acturis Group. The company designs and distributes administration and sales solutions for the German insurance market, addressing three primary customer cohorts: commercial and industrial brokers (Gewerbe- & Industriemakler), private brokers (Privatmakler), and the upstream/downstream counterparties — insurance companies (Versicherer) and managing general agents (Assekuradeure & Spezialmakler). The product suite follows a platform-plus-modules architecture: ams6 is the cloud-native next-generation broker management system (described as an MVP) and assfinet cloud is the hosting platform with a 98% availability SLA, while ams.5 remains the established on-premise legacy product maintained with biweekly releases. Surrounding modules include assfinet collaboration (communication platform), assfinet forms+ (form automation with AI-driven PDF data extraction), assfinet sign (e-signature), compare (tariff comparison), assfinet data (dark processing / Dunkelverarbeitung), and con:center (process platform), with my.assfinetcloud.de acting as a self-service customer portal. BiPRO Norm 440/430 compliance and Microsoft Azure OpenAI integrations underpin both insurer connectivity and AI features.
The business model combines recurring SaaS subscriptions (per-user, role-based monthly licensing) with usage-based AI and API credit consumption, tiered support (Basic at 10% of SaaS fees, Professional, Enterprise), mandatory onboarding professional services for ams6, and legacy on-premise license maintenance. Distribution is exclusively direct enterprise sales supplemented by the self-service portal and a programmatic API; no channel or reseller network is in use. AI is provided via Microsoft Azure OpenAI and Google Vertex AI under EU-only data residency and GDPR-compliant processing. The company reports €70M group revenue, 27% average annual revenue growth over the last eight years, 5 German locations, and 20% of annual surplus reinvested into R&D, with a Managing Director, Marc Rindermann, leading the entity.
Assfinet firmographics
Firmographics- Name
- Assfinet
- Legal name
- ASSFINET GmbH
- Website
- https://assfinet.de
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Assfinet is a German software company that builds cloud-based administration and distribution software for insurance brokers, insurers, and managing general agents, with AI-enabled document automation and BiPRO-compliant insurer integrations.
- Ownership category
- akta.pro rank
Assfinet industry classification
Industry- Product category
- Insurance Brokerage Software
- NAICS
- Software Publishers (513210), Other Insurance Related Activities (52429)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
- akta.pro secondary industries
- Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK), Customer Engagement, CRM & Agent/Broker Enablement Platforms (FSAGAGAD)
Keywords
Where Assfinet is headquartered
LocationHeadquarters
- HQ city
- Grafschaft
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Assfinet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Subscription (License Contingent): Monthly subscription fees based on user count and selected base package. Includes a defined number of users, with additional users (add-ons) charged per user monthly. Role-based pricing where different user roles have different monthly license fees. Storage is included in the license fee.
- Usage-Based Services (Credits): Credit-based system for AI services, API usage, and additional services. Credits are purchased and consumed monthly. Automatic top-up when base package credit limits are exceeded. Credits expire at month-end except for auto-purchased credits in the last 7 days of the month.
- Support Plans: Tiered support with Basic (10% of SaaS fees), Professional, and Enterprise plans. All plans include annual hour allocations. Excess support hours billed at hourly rates. Support is mandatory for Basic tier.
- Professional Services: Individual online introduction and training services for ams6 provided on a time-and-materials basis. Mandatory for ams6 customers, priced per current price list.
- On-Premise Software: Legacy ams.5 available as on-premise installation with annual maintenance fees and optional cloud synchronization services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Base Package with User Licenses |
| Usage-based | Pay-as-you-go | Credit-Based AI and API Services |
| Subscription | Annual | Support Plans |
| Unit Pricing | Monthly | Professional Services |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Assfinet product offering
Product offeringCore offering
Assfinet develops and sells software for insurance brokers, insurance companies, and managing general agents (Assekuradeure) in the German-speaking market. The portfolio includes the ams6 and ams.5 administration systems, the assfinet cloud platform, the con:center process platform, tariff comparison (compare), training via the assfinet Academy, and complementary add-on modules such as forms, digital signatures, collaboration, and data services. Offerings are delivered as SaaS/cloud subscriptions or on-premise installations with API-based BiPRO integrations.
Product overview
Assfinet (ASSFINET GmbH) provides a comprehensive suite of insurance administration and distribution software solutions for the German insurance market. The product portfolio operates on a platform-plus-modules architecture centered on ams6 (cloud-based, AI-enabled administration software, the 'MVP of the next generation') and assfinet cloud (cloud-native platform). Key products include: ams6 (cloud-based policy administration with AI), ams.5 (on-premise administration for brokers), assfinet collaboration (communication platform), assfinet forms+ (AI-powered form/document management), assfinet sign (digital signatures), compare (tariff comparison), assfinet data (automated data exchange), con:center (process platform), and my.assfinetcloud.de (customer self-service portal). The suite supports commercial & industrial brokers, private brokers, insurers, and managing general agents (Assekuradeure). The company, part of the Acturis Group, has 30 years of experience with €70M group revenue and 5 German locations.
Differentiator
Problem solved
Functional benefit
Brands
- ams6: Next generation MVP insurance management software for brokers, insurers, and Assekuradeure
- assfinet suite
- assfinet cloud
- collaboration
- compare
- forms
- ams.5
- assfinet academy
- con:center
Products and services
- ams6 Cloud-based insurance administration system for German insurance brokers, insurance companies, and managing general agents (Assekuradeure); the current flagship core product covering policy, contract, and customer management workflows.
- ams.5 On-premise insurance administration software platform for brokers, insurers, and managing general agents, offered as a Windows client/server installation with regular version updates (e.g., version 5.121).
- assfinet cloud
Quantifiable outcome
- 27% average annual revenue growth over 8 years
- +2 more outcomes
Companies that use Assfinet
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Assfinet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability11 records
Feature7 records
Assfinet partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Acturis GroupcoreAssfinet is a subsidiary of the Acturis Group, a major international insurance software platform. This parent-subsidiary relationship provides strategic backing and access to international resources and expertise in insurance technology.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Assfinet competitors and assessment
Company assessmentDirect peers
- Defendo (formerly HSB Software): Defendo is a German insurance broker management software vendor targeting Makler and Assekuradeure with comparable policy administration and contract lifecycle capabilities, positioning it as a direct substitute to Assfinet's offerings.
- Softfolio: Softfolio provides insurance broker and agent management software in Germany, directly competing with Assfinet's ams6 and ams.5 for the same broker customer base in the German Versicherungsmarkt.
Broad incumbents
- msg life (msg group): msg is a large German IT services and software provider with a dedicated insurance practice (msg life) offering core insurance platforms to insurers and large brokers, broader in scope but overlapping with Assfinet's insurer and Assekuradeur segments.
- Fincon Reply: Fincon Reply is a German consulting and software firm focused on insurance and financial services, providing insurance platform implementations and management software that compete with Assfinet, particularly for Versicherer and large broker customers.
- Acturis Group: Acturis is the parent company of Assfinet and an international insurance software platform serving brokers in the UK and other markets; it operates in the same insurance broker SaaS category but at a broader international scale.
- adesso insurance solutions: adesso is a German IT services group with an insurance vertical providing software development and platform services to insurers and large brokers, overlapping with Assfinet's value proposition around digital insurance transformation.
- NTT DATA Insurance (Germany): NTT DATA operates a large insurance IT services practice in Germany implementing core insurance platforms and digital broker solutions, competing with Assfinet for the same insurer and large-broker transformation budgets.
Emerging players
- Compass Software (Versicherungs-Compass): Compass is a German vendor providing tariff comparison and product information tools for insurance brokers — narrower in scope than Assfinet but directly overlapping with Assfinet's 'compare' module and broker productivity use cases.
- Policen Direkt: Policen Direkt provides digital tools for German insurance brokers and intermediaries focused on policy comparison and contract management, adjacent to Assfinet's portfolio management and tariff comparison capabilities.
Regional players
- nafi GmbH: nafi GmbH is a sister entity within the Acturis Group providing insurance technology solutions in the German market; while under common ownership, it serves adjacent broker/insurer workflows that complement — and partially overlap with — Assfinet's product portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Assfinet social profiles
Digital presenceAssfinet compliance and trust
Trust signalCompliance5 records
Assfinet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Assfinet leadership team
Management profileNumber of profiles
Profiles1 record
Assfinet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Assfinet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Assfinet
What does Assfinet do?
Assfinet develops and sells software for insurance brokers, insurance companies, and managing general agents (Assekuradeure) in the German-speaking market. The portfolio includes the ams6 and ams.5 administration systems, the assfinet cloud platform, the con:center process platform, tariff comparison (compare), training via the assfinet Academy, and complementary add-on modules such as forms, digital signatures, collaboration, and data services. Offerings are delivered as SaaS/cloud subscriptions or on-premise installations with API-based BiPRO integrations.
Is Assfinet a public or private company?
Assfinet is a private company. It is classified as corporate owned and is currently operating.
When was Assfinet founded?
Assfinet was founded in 1991. It employs 51 to 100 people.
Where is Assfinet based?
Assfinet is headquartered in Grafschaft, Germany, in the Europe region.
How does Assfinet make money?
Five revenue lines are on record. SaaS Subscription (License Contingent) is the primary driver. The others are usage-Based Services (Credits), support Plans, professional Services and on-Premise Software.
Who are Assfinet's main competitors?
Direct peers on record are Defendo (formerly HSB Software) and Softfolio. Broad incumbents are msg life (msg group), Fincon Reply, Acturis Group, adesso insurance solutions and NTT DATA Insurance (Germany). Emerging players are Compass Software (Versicherungs-Compass) and Policen Direkt. nafi GmbH is listed as a regional player.
Does Assfinet have an API?
Yes. assfinet provides a documented API (Schnittstellen/API) for programmatic access to ams6 functions. The API enables programmatic access to defined functions of ams6. The license is non-exclusive, non-transferable, and non-sublicensable. API access requires documented endpoints only, with API keys provided for authentication. Key access is restricted—API keys must not be shared with third parties. Reverse engineering of the API, its algorithms, interface architecture, or underlying models is prohibited. Developers may use API outputs internally for own business processes or end products within agreed usage limits. The API does not grant access to source code, internal system architecture, training data, or model configuration. An online overview at my.assfinetcloud.de allows monitoring of relevant parameters including API usage. Developer documentation is at assfinet.atlassian.net/wiki/spaces/KNOW/pages/1247543314/Release+Notes+-+ams6.
What industry is Assfinet in?
Assfinet's product category is Insurance Brokerage Software. Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS), with a secondary code of FSAGAGAK, Document, Workflow & Policy Servicing Automation (RPA/No-Code). Its NAICS code is 513210 and its SIC code is 7372.