The Turkish insurer is an existing customer that seeks to
manage millions of customers and all of its business from
one innovative platform as part of a transformation
project
HOLON, Israel, May 13, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, announced today the successful go-live of Sapiens
IDITSuite for Property & Casualty for Anadolu
Sigorta's (Anadolu's) main line of business, motor.
Anadolu, a private insurer operating in Turkey, decided to replace its property &
casualty (P&C) legacy systems as part of a transformation
project. After going live with Sapiens IDITSuite for Property &
Casualty, the insurer helped its thousands of agents operate more
efficiently and provided an improved user experience for all
stakeholders.
The recent go-live for motor products is part of Anadolu's
efforts to manage all of its lines of business from the same
platform, which will enable greater agility and faster time to
market of new products.
"The modularity of Sapiens IDITSuite has been a crucial factor
in the success of our transformation project," said Mehmet Abaci,
CIO and deputy chief executive officer at Anadolu. "The ability to
go live gradually with different lines of business, and smoothly
migrate millions of contacts without any disruption to our
day-to-day operations, has enabled us to continue business-as-usual
today, while upgrading our digital readiness. We plan to go live
with Sapiens IDITSuite for additional lines of business, to become
an even more integrated and agile insurer."
"Anadolu is a strategic partner of Sapiens," said Roni Al-Dor, president and CEO, Sapiens. "Our
local office in Turkey facilitates
more fluid implementations in the region and enables onsite
support. Anadolu and Sapiens personnel partnered closely to make
this phase of the transformation project a success, with Anadolu
actively involved in the implementation."
Al-Dor added: "We will continue to support Anadolu's
transformation with Sapiens IDITSuite, which enables the insurer to
improve business results and comply with Turkish
regulations."
About Anadolu
As a privately-owned insurance company, Anadolu Insurance
Company has played an important role in the development of the
insurance industry in Turkey and
in the modernization of the country's socio-economic environment in
parallel with that development ever since it was founded. As part
of the "Recon Project" that it launched in 1997, the company has
brought all of its agencies into its data processing network
through an online and real-time system. Through the benefits
of information technology, it has raised the quality of its
services to modern-day levels.
Backed today by a strong capital base and advanced
infrastructure, Anadolu takes a pioneering approach to
insurance that is focused on customer satisfaction through its
principle of "Never Lose," while seeking to encourage the spread of
insurance awareness throughout Turkey.
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.
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Media Contact
Alex
Zukerman
CMO and Chief of Strategy, Sapiens
+972 546 724 910
alex.zukerman@sapiens.com