HOLON, Israel, Feb. 10, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, announced today that a tier-1 South African bank has
launched Sapiens IDITSuite for Property & Casualty to
become a more comprehensive and integrated financial services
provider.
Sapiens IDITSuite for Property & Casualty was originally
selected due to the excellent cultural fit between the
organizations, highlighted by the shared values of
customer-centricity and fast delivery, as well as the suite's
ability to meet the technical and functional requirements. "Sapiens
continues to demonstrate our strong commitment to the South African
region," said Roni Al-Dor, Sapiens'
president and CEO. "Sapiens IDITSuite is expected to provide the
bank with the ability to support current clients' needs, including
personal lines of business and commercial policies."
The implementation was completed within ten months. Sapiens'
head office in South
Africa was instrumental in providing support to the
bank during the implementation process. The bank had previously
gone live with Sapiens CoreSuite for Life & Pension,
Sapiens IDITSuite for Property & Casualty is a
component-based, standalone software solution comprised of policy,
billing and claims solutions. This pre-integrated, fully digital
offering was designed with growth and change in mind and offers a
flexible, user-friendly workflow interface.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property and casualty,
life, pension and annuity, reinsurance, financial and
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 500
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: 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
View original
content:http://www.prnewswire.com/news-releases/tier-1-south-african-bank-goes-live-with-sapiens-pc-suite-following-success-with-sapiens-lp-suite-301001804.html
SOURCE Sapiens International Corporation