Successful implementation of Sapiens CoreSuite for Life &
Pension and Sapiens CustomerConnect will provide enhanced digital
experience for members and customers
HOLON, Israel, Aug. 6, 2019 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, today announced that Dentists' Provident, a mutual
organization and a leading provider of income protection insurance
to dentists in the UK and Ireland,
has successfully deployed Sapiens CoreSuite for Life & Pension
(formerly known as "Sapiens ALIS"). The project also includes
the implementation and integration of Sapiens CustomerConnect for
Life & Pension (previously referred to as "Sapiens
PORTAL") to provide members and customers with an enhanced
digital experience.
Sapiens' Life & Pension division worked closely with
Dentists' Provident's team to ensure a smooth migration and
implementation with the goals of providing streamlined processing,
greater efficiencies, and improved customer and member services.
The migration process was key to enabling the company to fully
replace its legacy core administration system with modern
technology from Sapiens
"We are pleased with the success of the implementation of the
CoreSuite and CustomerConnect solutions," said Farrukh Mirza, Dentists' Provident CEO. "The
innovative environment from Sapiens provides us with the technology
foundation to best serve our members, while enabling us to grow our
business, enhance existing services and add new ones."
Riki Efraim-Lederman, division
president of Sapiens Life & Pension, said, "Working with the
Dentists' Provident team throughout the implementation project gave
us the opportunity to really understand their business, better
enabling Sapiens to make sure the systems could meet Dentists'
Provident's business needs today, and well into the foreseeable
future."
Highlights of the results Dentists' Provident is already
experiencing via the Sapiens' solutions include:
- Improved market position for its products
- A year-over-year increase in new business applications
- Enhanced online user experience for members and
intermediaries
Sapiens CoreSuite for Life & Pension is a flagship solution
designed to enable insurance providers to quickly and
efficiently address the challenges of a highly regulated and
increasingly competitive marketplace. The end-to-end, core solution
suite supports the complete policy lifecycle across a wide variety
of products in the life & pension market. This insurance
software uniquely combines functional maturity and robustness
gained through decades of global success, with cutting-edge
innovation and modern technology.
Sapiens CustomerConnect for Life & Pension is a modular,
highly innovative portal solution specifically designed for the
life & pension insurance market. It is a direct-to-consumer
application, enabling insureds to buy policies, view the statuses
of their policies and accounts, and issue claims.
About Dentists' Provident
Dentists' Provident was started by dentists over a hundred years
ago as a membership organization to protect each other from the
financial consequences of illness or injury.
They have been part of the profession ever since, working with
their members to support dental professionals, with their highly
flexible income protection insurance plans. For more
information: www.dentistsprovident.co.uk.
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 450
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
Logo:
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