HOLON, Israel, June 11, 2018 /PRNewswire/ --
In its recent EMEA
policy administration report, Celent recognized
Sapiens IDIT for its advanced
technology. This marks the fifth time Sapiens IDIT
has been recognized in EMEA by Celent
Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS),
a leading global provider of software solutions for the insurance
industry, announced today that it has won Celent's XCelent award in
the "advanced technology" category in the EMEA region with its
Sapiens IDIT Software Suite (Sapiens IDIT). This marks the eighth
Celent XCelent award Sapiens has received, with five of those
recognizing Sapiens IDIT in the EMEA region.
(Logo:
http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg )
Sapiens IDIT is a component-based software solution suite,
designed for the general insurance/property and casualty
market.
Research and consulting firm Celent analyzed 38 policy
administration systems available in Europe, the Middle
East and Africa for
non-life, general insurance or property & casualty insurance
carriers, publishing its findings in its recent report:
Europe, Middle East, and Africa Policy Administration
Systems 2018: Personal, Commercial, and Specialty ABCD Vendor
View.
"Sapiens IDIT continues to have a strong presence in
Europe, with more clients in
BeNeLux, UK, and the Nordics in this year's report. In addition,
Sapiens IDIT has won another client in Israel and in Africa - perhaps showing signs of being one of
the few pan-EMEA systems," wrote Craig
Beattie, Celent senior analyst and author of the report.
"This year's customer feedback reflects Sapiens' growth from a new
digital offering to an established vendor across EMEA and APAC,
dealing with difficult challenges of not leaving customers behind
while growing the product set."
Commenting on Sapiens IDIT's configuration capabilities, Beattie
also noted, "The solution comes with a variety of configuration
tools, including a visual workflow editor and rules engine editors.
The jewel in the crown is their configuration environment, which
enables business users to maintain insurance products and
offerings, and control many of the activities involved in launching
a new insurance product."
"We are honored to once again receive an XCelent award for our
Sapiens IDIT solution, and see this as further validation that we
are making the right investments in our digital solutions and in
best serving our clients," said Roni
Al-Dor, Sapiens president and CEO. "We appreciate Celent
continuing to provide such in-depth research, which enables us to
better understand insurers' top priorities and challenges."
To download the report:
https://info.sapiens.com/pdf-CELENT-Report-2018-Q2.html
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