US property and casualty (P&C) insurer Atain will implement expertise from Sapiens Worldwide to automate and standardise the core processes of its speciality traces.
The corporate chosen Sapiens’ CoreSuite P&C SaaS resolution, which is an built-in providing to serve P&C insurers.
This resolution combines coverage administration, knowledge and analytics, claims, automated selections, reinsurance, and numerous digital purposes.
In keeping with the seller, the cloud platform additionally permits seamless upgrades.
Sapiens North America president and common supervisor Jamie Yoder mentioned: “We stay up for serving to Atain streamline and improve its P&C programs whereas persevering with to construct its sturdy basis for continued progress properly into the long run.”
The expertise from Sapiens will substitute Atain’s legacy resolution to drive its progress technique.
It would additionally expedite the insurer’s velocity to market to handle its product launches, added the seller.
The insurer is a brand new consumer of Sapiens and appears to finish the deployment of the answer in 18 months.
Atain president and CEO Chris Zoidis mentioned: “Sapiens shall be instrumental in serving to us strengthen our operational capability, attain our growth objectives, and provide one of the best service expertise to our purchasers.
“Our enhanced capabilities will enable us to greatest handle the growing quantity and complexity of our rising buyer base and shortly reply to new market alternatives.”
Final yr, HDI World Specialty (HGS) deployed Sapiens’ IDITSuite P&C core resolution for its Netherlands department.
The answer combines coverage, billing and claims capabilities and can substitute the department’s legacy system.
Sapiens caters to insurers throughout property and casualty, life insurance coverage, and employees’ compensation segments.
At the moment, the agency serves greater than 600 purchasers throughout 30 nations.