HOLON, Israel, Oct. 21, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, announced today that Sapiens was positioned as a Leader
in Gartner's Magic Quadrant for Non-Life-Insurance Platforms,
Europe*. The recognition is
attributed to Sapiens IDITSuite for Property and Casualty for the
second consecutive year.
Sapiens IDITSuite for Property & Casualty is a
component-based, comprehensive software solution suite that offers
policy, billing and claims. IDITSuite supports end-to-end core
operations and processes for the non-life (general) insurance from
inception to renewal and claims. Its pre-integrated, fully digital
suite offers customer and agent portals, business intelligence, as
well as a suite of tools for testing new lines of business,
products, and services.
"Sapiens' commitment to innovation and our deep understanding of
the changes reshaping the insurance industry have made us a leading
player in the European market," said Roni
Al-Dor, President and CEO, Sapiens. "Through our insurtech
partnerships, R&D investment, and market expertise, Sapiens is
enabling insurers of all sizes to better serve their customers and
successfully achieve digital transformation."
Magic Quadrant reports are a culmination of rigorous, fact-based
research in specific markets, providing a wide-angle view of the
relative positions of the providers in markets where growth is high
and provider differentiation is distinct. Providers are positioned
into four quadrants: Leaders, Challengers, Visionaries and Niche
Players. The research enables you to get the most from market
analysis in alignment with your unique business and technology
needs.
Among 11 total companies evaluated in the report, Sapiens was
recognized for its completeness of vision and ability to
execute.
* Source: Gartner, "Magic Quadrant for Non-Life-Insurance
Platforms, Europe," Sham Gill,
Manav Sachdeva, September 21, 2020.
Disclaimer
Gartner does not endorse any vendor, product or service depicted
in our research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of the Gartner research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
View a complimentary copy of the Magic Quadrant report to learn
more about Sapiens' strengths and cautions, among other providers'
offerings. Click here to view the report.
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.
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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