Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced recently that EquiTrust Life, a leading North American life and health insurance company, has selected Sapiens’ award-winning suite of e-application, illustration and digital solutions to provide their agents next generation customer acquisition and service capabilities.
Sapiens IllustrationPro, Sapiens ApplicationPro and Sapiens DigitalSuite support EquiTrust Life’s key product offerings by providing comprehensive, new business illustrations with enhanced solutions for complex scenarios with split second calculations, and an interactive experience to reduce re-keying, resulting in fewer errors, faster time to decision and better engagement. Sapiens’ simple, intuitive, device-agnostic user engagement with flexible branding and integrations enhances EquiTrust Life’s partner experience. Leveraging Sapiens’ toolkit, the solution provides self-sufficiency and reduces total cost of ownership.
“We were looking for one vendor to drive our digital transformation and accelerate innovation within our agent sales process. Innovation is a key pillar within EquiTrust Life, and we felt that Sapiens’ digital tools would enable innovation much faster than any other competitor, while providing us industry insights and best practices,” said Carol Woodruff, Vice President, Information Systems with EquiTrust Life. “We administer financial products for retirees, and Sapiens’ solution delivers a superior agent experience to market complex financial products that help protect our growing senior population.”
“We are very excited to partner with EquiTrust Life on their digital transformation journey,” said Jamie Yoder, Sapiens North America President & General Manager. “Sapiens not only provides a wide array of best-of-breed solutions, but we also truly understand our customers’ operational goals and are committed to delivering best-in-class solutions, seamlessly to drive growth and deliver value.
Sapiens IllustrationPro for Life & Annuities is a cloud-first, point-of-sale illustration and quoting solution, offering a fully responsive, modern, intuitive user experience for the life and annuities and health markets. Sapiens ApplicationPro is a robust electronic application software that helps carriers address critical business drivers, such as decreasing time‐to‐issue and reducing policy acquisition costs, all in an extremely intuitive and easy‐to‐use package.
Sapiens DigitalSuite offers a dynamic, digital engagement and enablement platform for insurers to provide a unified, omni-channel experience. The flexible, component-based platform can be leveraged together with Sapiens’ core solutions or on top of other (non-Sapiens) solutions.