Fadata is a privately owned Joint Stock Company established in 1990. The Company has a strong profile in information system development and implementation software related projects. Its reputation was built by providing high quality engineering solutions and services to companies from the Financial, Public, and Utilities sector. INSIS, the flagship product of Fadata, is a flexible state-of-the-art modular software solution that provides full coverage of all aspects of insurance business area both horizontally and vertically.

With headquarters in Munich and a major development and operations center in Sofia, Fadata has offices in 4 countries, and a distribution and partner network spanning over 30 countries, including EY, Charles Taylor InsureTech, EVRY, Sollers, Infosys and Oracle. In 2015 Fadata was acquired by The Riverside Company, a global private equity firm, and Charles Taylor plc., a London-based global provider of insurance services.