Sapiens and CROSIG have implemented Sapiens IDITSuite for
P&C in record time, allowing faster time to market and better
digital proposition
HOLON, Israel, Jan. 13, 2021 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, announced today that Croatia osiguranje (CROSIG), a leading
Croatian insurer that has been operating in the region for over 135
years, has launched a successful go-live with LAQO, a full digital
solution for motor insurance.
The go-live of LAQO, with Sapiens IDITSuite for P&C, is
the first of three stages of the full digital program, and is
already yielding positive results for CROSIG. In the next phases,
Sapiens' solutions enhance the insurer's entire property &
casualty (P&C) business, including digitalizing claims
handling. Sapiens' technology is expected to further increase the
productivity of CROSIG's sales force and speed up its time to
market, while optimizing and simplifying business operations.
"With its smart digital solution, LAQO, Croatia osiguranje is responding to the
challenges of the new world of digitization that is leading
the market," said Davor Tomašković, CEO, Croatia osiguranje. "We are leveraging today's
best practices with the most advanced technology for insurance and
raising the level of digitalization of the insurance market. We
plan to go live in the future with additional lines of business,
and to become an even more integrated and agile insurance
enterprise than today."
"We are delighted that Sapiens' innovative suite is supporting
CROSIG's digital transformation and accelerating their growth, and
that we enabled fast implementation," said Liana Gelikas, Sapiens
P&C division president. "By providing a superior PAS experience
to its customers, Sapiens IDITSuite enables CROSIG to rapidly
expand their offerings, and supports their mission to be a pioneer
in the market."
About Croatia
osiguranje
Croatia osiguranje is the
leading company in Croatia's
insurance market. It has been operating in the region for over 135
years. Since 2014, the company has been doing business as part of
the Adris Group. As the leader in life and non-life insurance,
Croatia osiguranje is clearly
focused on achieving operational efficiency, providing top-quality
services to its clients, and having a broad portfolio of modern
insurance solutions. For more information: crosig.hr.
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 550
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