Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of insurance software solutions, has secured a significant client win. One of the largest global life insurers has chosen the Sapiens Insurance Platform to modernize its core insurance processes and drive growth in the Czech Republic.
The Solution
The Sapiens Insurance Platform is a comprehensive suite of solutions, including Sapiens CoreSuite for Life & Pensions, DigitalSuite, DataSuite, and Cloud Services. This robust, cloud-based digital platform will enable the insurer to:
- Optimize efficiency
- Simplify policy and claims management
- Enhance digital engagement for customers and distributors
- Accelerate the delivery of new products to market
- Improve claims management, data analytics, and reporting
The Client’s Needs
The insurer sought to replace its legacy platform with a modern core system that could integrate new technologies and expand functionalities as it scales. Sapiens’ platform was chosen for its breadth of functionality and reputation as a market leader.
Sapiens’ Perspective
“We are proud to partner with this leading insurer to support their digital transformation journey,” said Roni Al-Dor, President and CEO of Sapiens. “By leveraging Sapiens’ SaaS solutions, the client will be well-positioned to expand its capabilities and enhance customer experiences.”
Impact
This collaboration strengthens Sapiens’ presence in Central and Eastern Europe, reinforcing its commitment to delivering innovative insurance solutions worldwide. The deal is a significant win for Sapiens, building on its existing relationship with an Australian affiliate of the insurer and its strong analyst recognition.
