Sapiens International Secures Landmark SaaS Deal with Leading London Market Insurer

Reuters
13 May
Sapiens International Secures Landmark SaaS Deal with Leading London Market Insurer

Sapiens International Corporation NV, a global leader in software solutions for the insurance industry, has announced a new contract with a European-based global insurer. The insurer will implement Sapiens ReinsuranceMaster and Sapiens DataSuite, marking the first use of Sapiens' innovative SaaS solutions in the London Market. This partnership aims to modernize the insurer's operations, replacing legacy systems and enhancing operational efficiency. The solution provides comprehensive management for reinsurance programs and data management, empowering the insurer with actionable insights and improved client services. Sapiens' CEO, Roni Al-Dor, highlighted the collaboration as a significant milestone, demonstrating the company's commitment to serving the unique needs of the London Market.

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