RALEIGH, North Carolina,
July 7, 2020 /PRNewswire/ -- Sapiens
Americas, a wholly owned subsidiary of Sapiens International
Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global
provider of software solutions for the insurance industry,
announced today that Petplan, the pet insurance provider with
the most comprehensive coverage in North
America, has selected Sapiens CoreSuite for Property &
Casualty to provide a cloud-based, full digital experience for
their customers and expand product offerings.
"In order to support our ambitious growth goals, we required a
cloud-native infrastructure with user-oriented configurability, a
strong digital platform and open architecture," said Danna Rabin, chief operating officer, Petplan
North America. "After an extensive search, Sapiens proved to be the
perfect fit. Their fully digital insurance platform will enable us
to reimagine the customer experience, quickly launch new products
and services, and deliver increased organizational efficiency."
Added Rabin: "Sapiens' team understands insurance and technology
and they 'speak digital' in a way that allowed our teams to quickly
define their business needs and requirements."
"We are excited to welcome Petplan to the Sapiens team," said
Roni Al-Dor, president and CEO,
Sapiens. "With the performance and configurability of our digital
insurance platform, we can provide the innovative capabilities
Petplan requires to continue growing in a unique insurance
space."
Sapiens CoreSuite for Property & Casualty over the cloud
will facilitate a digital experience and self-service for customers
and agents, while speeding the introduction of non-traditional
insurance products to the market.
About Petplan
Petplan is a leading pet health insurance provider, offering the
most comprehensive pet insurance coverage in North America. Founded in 2003, Petplan was
acquired by Warburg Pincus, a global private equity firm focused on
growth investing, in October of 2019. The acquisition provides
access to significant capital and resources to drive meaningful
growth. Under new leadership, Petplan is achieving milestone
subscriber counts, now serving a quarter million customers. The
company is leading with innovation across product, technology and
customer experience, while simultaneously creating strategic
partnerships, new sales platforms and creative materials to support
projected growth. For more information about Petplan pet
health insurance, visit GoPetplan.com.
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 & casualty,
life, pension & annuity, reinsurance, financial &
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.
Media Contact
Alex
Zukerman
CMO and Chief of Strategy, Sapiens
+972 546 724 910
alex.zukerman@sapiens.com
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SOURCE Sapiens International Corporation