UXBRIDGE, England, April 17, 2018 /PRNewswire/ --
The Turkish insurance provider
expects to benefit from a platform to accommodate and
accelerate its growth, including faster
time to market for new product initiatives
Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS),
a leading global provider of software solutions for the insurance
industry, announced today that HDI Sigorta A.Ş. (HDI), a provider
of non-life/general insurance services to retail and commercial
customers throughout Turkey, has
selected the Sapiens Non-Life Insurance Suite (Sapiens IDIT) for
policy administration, billing and claims.
(Logo:
http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg )
"Our objective is to implement a modern and flexible platform
for non-life insurance operations in Turkey, which will support current and future
business growth, as well as our strategic business goals," said
Ceyhan Hancıoğlu, CEO of HDI Sigorta. "By choosing this platform
and its rich business functionality, HDI expects to benefit from
faster time to market for new insurance product initiatives, along
with complete value chain coverage."
"Sapiens is proud of our established footprint in the region,
specifically our local presence in Turkey," said Roni
Al-Dor, Sapiens president and CEO. "Sapiens IDIT has once
again been selected in Turkey to
help providers comply with national regulations and stay ahead of
their competitors. Sapiens IDIT continues to be extremely popular
in the strategically important EMEA region and it is a flagship
product for our business."
The Sapiens Non-Life Insurance suite is designed to promote
growth, with extensive multi-company, multi-branding,
multi-currency and multi-lingual capabilities. The
omni-channel suite is backed by Sapiens' 30+ years of delivery
expertise and global presence, and supports all core operations of
personal, commercial and specialty lines of business.
About HDI Sigorta
HDI Sigorta is a member of the Talanx Group, Germany's third-largest and Europe's eighth largest insurance group by
premium income. The Hannover-based
Group is active in some 150 countries. Talanx operates as a
multi-brand provider with a focus on B2B insurance. HDI Sigorta
A.Ş. is providing insurance services more than 1 million retail and
commercial customers throughout Turkey. By the end of 2017, the premium value
reached 1 billion TL. HDI Sigorta offers a superior service and new
products to all its customers through its over 1,300 agencies and
13 regional offices in Turkey.
About Sapiens
Sapiens International Corporation is a leading global provider
of software solutions for the insurance industry, with a 30-year
track record of delivering to more than 400 organizations. The
company offers software platforms, solutions and services,
including a full digital suite, to satisfy the needs of property
and casualty/general insurers, and life, pension and annuity
providers. Sapiens also services the reinsurance, workers'
compensation, financial and compliance, and decision management
markets.
The company's portfolio includes policy administration, billing
and claims, underwriting, illustration and electronic application.
The digital suite features customer and agent portals, and a
business intelligence platform. 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