Sapiens International Corporation, has announced the deployment of its cloud-first P&C platform IDITSuite with Germany-based VEREINIGTE HAGEL, (apologies for the shouty capitals) the country’s leading provider of insurance to the agricultural industry.
VEREINIGTE HAGEL’s current, historically grown application landscape will be replaced by the Sapiens modular and complete system that enables continuous end-to-end processing from front-end portal to back-end billing.
“We selected the Sapiens P&C platform due to the product’s leading position, as well as the company’s demonstrated experience in insurance and local market know-how,” said Dr. Rainer Langner, VEREINIGTE HAGEL CEO. “The Sapiens solution, with its high degree of automation, enables efficient processing of VEREINIGTE HAGEL’s highly seasonal business.”
In addition to Germany, VEREINIGTE HAGEL operates in Poland, the Netherlands, Belgium, Croatia, and other countries. VEREINIGTE HAGEL chose to implement Sapiens IDITSuite in Germany and Poland initially, and expand to additional countries in the near future. The insurer is looking to modernize the entire system landscape to enable them to work completely digitally and consistently across all jurisdictions.
“Sapiens is delighted to serve as a trusted partner for VEREINIGTE HAGEL and support its dynamic business. We are fully aligned with VEREINIGTE HAGEL’s vision,” said Roni Al-Dor, Sapiens president and CEO. “Sapiens Core P&C platform is an award-winning platform of rich functionality and ease of use and we are happy to partner with VEREINIGTE HAGEL on their transformation journey.”
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.
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