Sapiens International Corporation, a global provider of software solutions for the insurance industry, has deployed its cloud-first P&C platform IDITSuite with HDI Global Specialty Se (HGS).
HGS is a global specialty insurance provider. The company’s focus is on writing agency and specialty insurance business with operations in nine locations and access to a global network of more than 175 countries through the HDI Global SE network.
Sapiens aims to empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. The company offers an insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation.
HGS’ legacy system has been replaced by the Sapiens solution in order to provide greater automation and standardisation, and globally available oversight on policies, risk exposures and data.
Sapiens IDITSuite is a component-based, core software solution comprised of policy, billing and claims solutions. It supports end-to-end core operations and processes for short-term/non-life insurance from inception to renewal and claims.
Ralph Beutter, HGS CEO, said, “Our previous system was not an ideal fit for our specialty business. Sapiens has given us the ability to quickly and easily create a bespoke system that serves our needs exactly as required.”
Roni Al-Dor, Sapiens president and CEO, added, “Sapiens has been extremely pleased with the high level of collaboration and partnership with HGS, leading to successful implementation within a short period of time.
“Sapiens IDITSuite is an award-winning Core P&C platform with rich functionality and ease of use and we are happy to partner with HGS on their transformation journey.”
Earlier this year, AEGIS, a mutual insurance company, selected Sapiens International Corporation, a global provider of software solutions for the insurance industry, to modernise its reinsurance process.
AEGIS company selected Sapiens ReinsurancePro to replace its complex combination of disparate custom applications and spreadsheets to streamline and optimise processes.
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