ORLANDO, Florida, April 24, 2017 /PRNewswire/ --
The core-to-digital suite is
pre-integrated and modular, and can be installed as part of a
complete transformation initiative, or implemented as
standalone components
From the 2017 Life Insurance Conference, 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, unveiled its full Life
Insurance Transformation Suite, which is now available for life and
annuity providers.
(Logo:
http://photos.prnewswire.com/prnh/20160803/395300LOGO )
The pre-integrated and modular suite consists of:
- Digital and data analytics offerings, including customer and
agent portals, advanced analytics and customer engagement
solutions
- Sales and New Business Platform, consisting of eApp,
illustration, underwriting and needs analysis
- Sapiens ALIS core policy administration solution, which
supports individual and group business, including employee benefits
in a single system
All offerings can be deployed on premise or via a cloud-SaaS
model, with the option of a fully managed services model from
Sapiens, designed to help insurers lower costs, benefit from a
single focal point of responsibility and focus on their core
business.
The new Sapiens Life Insurance Transformation Suite is a result
of Sapiens strategic initiatives, including an increased investment
in the company's digital vision and enhancing group support in
Sapiens ALIS, as well as the recent acquisition of StoneRiver, a
well-established and proven vendor that delivers a wide range of
solutions and services to its 200 North American insurance
customers.
"By seamlessly integrating the Sapiens Digital Suite, Sapiens
New Business Platform and the Sapiens ALIS core policy
administration system, Sapiens can enable life and annuity
providers in North America and
around the world to fully digitalize their business, increase
automation and agility, and transform into data-driven
organizations," said Alex Zukerman,
vice president of product marketing and strategy for Sapiens' Life
and Retirement division. "Sapiens has combined best of breed
and pre-integrated approaches, so that our customers benefit from
the best technology seamlessly functioning together and supporting
every aspect of their life and annuity business."
"Sapiens is pleased to present the North American life and
annuity market with an offering that is unique in both its breadth
and depth," said Roni Al-Dor,
Sapiens' president and CEO. "The introduction of the Sapiens Life
Insurance Transformation Suite is just the latest in our ongoing
efforts to continue to strengthen our North American leadership
position and best support our customers in the region."
About The 2017 Life Insurance Conference
The conference provides insight into the very latest in industry
news, product innovation, distribution, markets, administration,
regulation and technology. The 2017 Life Insurance Conference
covered the important issues and identified strategies that will
shape the industry's future. This premier conference offered more
than 30 workshops on topics including product innovation,
distribution, markets, technology, administration and regulation.
For more information: http://www.loma.org/Events/
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 400
financial services organizations. The Sapiens team of over 2,500
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