Sapiens IDITSuite will provide a single global platform for underwriting and billing
HOLON, Israel, October 11, 2022 /PRNewswire/ — Sapiens International Corporation, SPNS SPNSa leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C platform IDIT Suite With Germany-based VEREINIGTE HAGEL, the country’s leading insurance provider for the agricultural industry.
VEREINIGTE HAGEL’s current, historically grown application landscape will be replaced by the modular overall system Sapiens, which enables consistent end-to-end processing from the front-end portal to the back-end billing.
“We chose Sapiens’ P&C platform because of the product’s leadership position, as well as the company’s proven insurance experience and local market knowledge,” said Dr. Rainer Langner, Chairman of the Board of VEREINIGTEN HAGEL. “With its high degree of automation, the Sapiens solution enables VEREINIGTE HAGEL’s highly seasonal business to be processed efficiently.”
In addition to GermanyVEREINIGTE HAGEL is active Poland, the Netherlands, Belgium, Croatia, and other countries. VEREINIGTE HAGEL decided to implement Sapiens IDITSuite in Germany and Poland initially and will expand to other countries in the near future. The insurer is striving to modernize the entire system landscape in order to be able to work completely digitally and consistently across all jurisdictions.
“Sapiens is pleased to serve VEREINIGTE HAGEL as a trusted partner and to support its dynamic business. We fully support the vision of VEREINIGTE HAGEL,” he said Roni Al Dor, President and CEO of Sapiens. “The Sapiens Core P&C platform is an award-winning platform with rich functionality and ease of use, and we are excited to partner with VEREINIGTE HAGEL on their transformation journey.”
Sapiens IDITSuite is a component-based core software solution consisting of policy, billing and claims solutions. It supports end-to-end core operations and processes for short-term/non-life insurance…
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