Company Profile
Since its inception in 1976 Comtec has become a dominant player in the technology and functionally-advanced Insurance industry software by developing, applying and implementing multi-scale insurance software projects.
As an innovative pioneer, specialized in the P&C industry, Comtec launched and continuously evolved its state-of-the-art TIS (Total Insurance System) application and technology, becoming the uncontested leader among the Israeli insurance software companies. The majority of Israeli insurers utilize Comtec's comprehensive solution for the management of their P&C insurance activities. Comtec's capabilities are derived from its vast experience and know-how in various technical environments on the one hand, and its highly dedicated, client-attentive and professional team on the other. Comtec currently enjoys an installed base of companies ranging in size from $20 Million to $1+ Billion, most of which operate their entire book of business through TIS. All rely on Comtec's products, skills and management capabilities, entrusting the operation of their most important, precious, sensitive, and mission critical systems into our hands.
Among Comtec's list of clients are three of the largest insurance groups in Israel. When AIG, the American insurance giant, entered the insurance market in Israel and searched for data-processing software suitable to its needs, Comtec's leading insurance company software was its obvious choice. Comtec has also expanded its overseas client portfolio by signing two clients in Cyprus, one in Greece, one in Gaza, and most significantly – two in the US, a regional mutual insurance company and a privately-owned P&C carrier - proving the international advantage, suitability and support capabilities of the system.
Following benchmarking and certification by leading industry analysts Comtec has now decided to focus on growth opportunities in the advanced and evolving US insurance market. In an effort to strengthen our position in this market we have established a sales operation center in New York and have strategically aligned ourselves with leading property and casualty technology consultancy and integrator firms. The combination of superior technology and local best-in-class professional presence assures smooth implementation and uninterrupted support for Comtec's US clients.
We at Comtec believe that our customers are our partners and it is our practice to develop long lasting, mutually beneficial relationships. Our philosophy perceives our customers' success as our own.
Comtec is able to continuously provide its clients with top-of-the-line, comprehensive insurance industry software solutions highly adaptable to their dynamic and constantly changing business environments. Comtec's scrutinized operating procedures and quality controlled products have earned the company ISO-9001 certification.