HOLON, Israel, Aug. 6, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE:SPNS), a
leading global provider of software solutions for the insurance
industry, today announced the availability of Sapiens
CoreSuite for Life Insurance on Microsoft AppSource, an online
cloud marketplace that provides tailored line-of-business
solutions.
Sapiens CoreSuite, a platform that combines core insurance
functionality with data analytics and a digital suite, can be
deployed via the Microsoft Azure cloud. This includes full
infrastructure, value-added services, and managed services, all of
which enable customers to focus on their core business while
reducing costs.
"Sapiens feels confident collaborating with Microsoft, because
of the organization's outstanding insurance industry reputation,
the security of its cloud offerings, and its tremendous reach,"
said Tal Sharon, president of the
Sapiens Life division. "Combining core, data, and digital on a
single platform, along with a full range of professional services,
has the power to transform insurers' businesses. Adding Microsoft
Azure cloud offerings and services results in greater convenience
and costs savings, an attractive proposition for insurers."
The Sapiens life insurance platform is designed to promote
growth, with extensive multicompany, multibranding, multicurrency,
and multilingual capabilities. The omnichannel suite is backed
by Sapiens' more than 35 years of delivery expertise and global
presence, and it supports all core operations of personal,
commercial, and specialty lines of business. The solution is
available as Sapiens CoreSuite for Life & Pension for
clients in EMEA and APAC, and Sapiens CoreSuite for Life &
Annuities for North American customers.
Toby Bowers, General Manager,
Business Applications Group, Microsoft Corp., said, "We're excited
to welcome Sapiens to Microsoft AppSource, which gives our
customers access to the best solutions available from our extensive
partner ecosystem. Microsoft AppSource offers partner solutions
such as Sapiens CoreSuite for Life Insurance to help customers meet
their needs faster."
About Sapiens
Sapiens International 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 500-plus organizations
globally, Sapiens has a proven ability to satisfy customers' core,
data, and digital requirements. For more information,
visit www.sapiens.com.
For more information, press only:
Alex Zukerman, Sapiens, (+972 546 724 910),
alex.zukerman@sapiens.com.
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SOURCE Sapiens International Corporation