HOLON, Israel, May 23, 2016 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the insurance industry, with a growing presence in
the financial services sector, announced today that Anadolu
Insurance Company (Anadolu), a private insurer operating in
Turkey, has expanded its strategic
relationship with Sapiens.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
As part of a larger transformation project that has already seen
the successful launch of personal health, group health, fire and
compulsory ("DASK") insurance lines, the Sapiens IDIT software
suite will now also support one of Anadolu's main lines of
business, motor insurance.
"After the smooth go-live of our health and fire lines of
business, we felt confident in choosing the same platform to also
support our motor business," said Mehmet Abaci, chief information
officer at Anadolu. "Consolidating our internal systems is an
important part of our transformation project that will help us stay
ahead in the competitive Turkish market. Sapiens is a trusted
advisor and partner to Anadolu, with a proven ability to deliver
and extensive knowledge of the motor business."
"We are extremely pleased that Anadolu's trust in Sapiens led to
an enlargement of the existing agreement and that our company's
growth momentum is continuing," said Roni
Al-Dor, president and CEO of Sapiens. "One of the advantages
of the Sapiens IDIT software suite is that property and casualty
providers can grow at their own speed and eventually consolidate
their disparate lines of business on a single platform."
Sapiens IDIT's modular components support all core operations of
personal, commercial and specialty lines of business - from
inception, through renewal and claims - for all types of
P&C/general insurance, car insurance and health
insurance.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the 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 190
financial services organizations. The Sapiens team of over 1,700
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