15.10.2014
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DGAP-News: msg life ag: Renaming of COR&FJA AG to msg life ag completed
DGAP-News: msg life ag / Key word(s): Miscellaneous
msg life ag: Renaming of COR&FJA AG to msg life ag completed
15.10.2014 / 15:07
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Renaming of COR&FJA AG to msg life ag completed
(Leinfelden-Echterdingen, 15 October 2014) - The renaming of the former
COR&FJA AG (ISIN DE0005130108) as 'msg life ag' has been completed with the
entry of the alteration to the company's articles of association in the
respective commercial register. The change of name had been adopted with a
large majority at the company's last annual general meeting at the end of
June this year. The company's previous stock-market ticker symbol ('FJH')
will shortly be changed to 'MSGL'. The company also intends to extend its
new name to msg life ag's European subsidiaries as far as possible. The
intention in taking this step is to signalise clearly, also to the outside
world, msg life ag's affiliation to the msg Group and the increasingly
close collaboration within an even larger and commercially more effective
group of companies that will result.
Since its successful strategic realignment in the financial year ended, msg
life in Europe has been concentrating on its core business concerning all
aspects of the development and implementation of standard software
solutions and specialist advice. The target groups of these activities are
life insurance companies, providers of private old-age provision schemes
and, in the US market, healthcare insurance companies. In recent years,
moreover, msg life has been intensifying its cooperation with its major
shareholder msg systems and its other subsidiaries so that it will be able
to offer an integrated portfolio across all insurance segments and all core
processes of insurance companies.
In connection with this, the products and consulting services from msg life
will be a fixed element of the msg Group's portfolio for the life insurance
market. As the largest company in this successful group, msg life will
become a partner of even greater strategic importance for its customers and
an even more attractive employer for its staff. Apart from that, msg life's
Management Board is convinced that by taking this step, it will be able to
offer the company and its shareholders long-term income potential that
considerably exceeds the current possibilities.
About the msg Group
msg is an independent, internationally active group of companies with more
than 4,500 employees around the world. It offers an integrated portfolio of
services that consists of imaginative strategic consulting and intelligent,
sustainably value-adding IT solutions for the automotive, financial
services, food, insurance, life science and healthcare sectors, the public
sector, telecommunications and media, travel and logistics, and utilities
sectors and has acquired an outstanding reputation as a specialist in these
industries over a period of more than 30 years.
The range of different sector-and theme-specific focal points is covered by
independent companies within the Group: in this structure, msg systems ag
constitutes the core element of the Group and cooperates closely with the
companies in functional and organisational matters. In this way the
competencies, experience and expertise of all the members are bundled
within an integrated solution portfolio with measurable added value for
customers. msg occupies seventh place in the ranking of IT consulting and
systems integration companies in Germany.
About msg life
msg life ag and its subsidiaries are among the leading software and
consulting firms for the European insurance sector and specialise in life
insurance companies and providers of private old-age provision schemes. Its
service spectrum ranges from standard software and the provision of
consultancy services to the handling of IT operations (i.e. software as a
service).
The msg life Group has its head office in Leinfelden-Echterdingen and
offices in Munich, Aachen, Düsseldorf, Hamburg, Cologne and St. Georgen, as
well as subsidiaries in the Netherlands, Austria, Switzerland, Slovakia,
Slovenia, Poland, the Czech Republic, Portugal and the USA. It currently
employs a workforce of nearly 900.
Contact
msg life ag
Corporate Communications
Humboldtstraße 35
70771 Leinfelden-Echterdingen
Tel. +49 711 94958-0
E-mail: [email protected]
Internet: www.msg-life.com
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15.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: msg life ag
Humboldtstraße 35
70771 Leinfelden-Echterdingen
Germany
Phone: +49 (0)711 94958-0
Fax: +49 (0)711 94958-49
E-mail: [email protected]
Internet: www.msg-life.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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291791 15.10.2014
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Software , 513010 , MSGL , HAM:MSGL