HOLON, Israel, September 16, 2015 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a
leading global provider of software solutions for the financial
services sector, announced today that its customer, RAC Insurance
Pty Ltd (RACI), the market leader in Western Australia personal lines insurance,
has won an Asia Insurance Technology Award (AITA) for "Best
Insurer: Technology."
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
The award was presented by Celent's Insurance Practice and Asia
Insurance Review at the 4th Asia Insurance CIO Technology Summit
held at the Le Méridien Hotel in Jakarta,
Indonesia. RACI was selected as the insurer that made the
most progress in embracing technology across the organization
through its implementation of Sapiens IDIT software suite and an
enterprise-wide IT strategy to enable the digitization of the
business among suppliers, members and RACI.
"Celent is pleased to present the Best Insurer:
Technology award to RACI for its impressive vision and
application of technology across the enterprise," said Wenli Yuan, senior analyst for Celent's Asian
Financial Services Group. "We had the opportunity to review many
outstanding nominations this year and RACI really stood out for
delivering on its IT and transformation strategy through a
multi-phase project."
The winning RACI project included the automation of claims
allocation within Sapiens IDIT, motor repair integration between
Sapiens IDIT and Arnie (a motor supply chain management solution)
to eliminate manual processing and duplication in motor repair
allocation, and enablement of a no-touch B2C capability to provide
a complete online self-service offering for RACI members.
"It is extremely satisfying to be recognized with this award.
Through our digital program we have been able to deliver
significant benefits to our organization, our suppliers and our
members," said Peter Marmara, General Manager, Business Systems,
RAC Insurance. "Some of the most significant results include a
greatly improved member experience, via an online self-service
channel that supports any device, plus improved operational
efficiencies through automation and seamless integration between
systems."
Wayne Te Paa, Regional Director
of Sapiens added, "We congratulate RACI on this outstanding and
well-deserved recognition. RACI's award-winning effort is a great
example of what can be accomplished when an organization refuses to
accept the status quo. Acting like a true market leader, RACI
committed to driving innovation, maximizing the use of technology
to create a digital, highly-automated environment, and continuing
to prioritizing its members via quality services and products."
Asia Insurance Technology Awards
The Asia Insurance Technology Awards (AITAs) recognize
excellence and innovation in the use of technology within the
insurance industry in the Asia Pacific Region. The 2015 winners
were chosen from a highly competitive field that included
nominations from across the region.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with an emerging focus on the broader financial services
sector. Sapiens offers core, end-to-end solutions to the global
general insurance, property and casualty, life, pension and
annuities, reinsurance and retirement markets, as well as business
decision management software. The company has a track record of
over 30 years in delivering superior software solutions to more
than 170 financial services organizations. The Sapiens team of over
1,500 professionals operates through our fully-owned subsidiaries
in North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation