Atain Selects Sapiens to Automate and Modernize P&C Core Processes
Sapiens’ CoreSuite for P&C SaaS solution will improve performance and efficiency
Rochelle Park, N.J., May 17, 2023—Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Atain, a major property and casualty (P&C) insurance company, has selected Sapiens CoreSuite for P&C SaaS solution to provide its specialty lines with greater automation and standardization.
Atain needed to upgrade its legacy solution to help achieve its rapid growth expectations over the next few years. It also needed to accelerate its speed to market to better manage its new product rollout. Atain is a new Sapiens customer, whose initial implementation of CoreSuite for P&C is expected to be completed within 18 months.
“Sapiens will be instrumental in helping us strengthen our operational capacity, reach our expansion goals, and offer the best service experience to our clients,” said Chris Zoidis, Atain President & CEO. “Our enhanced capabilities will allow us to best address the increasing volume and complexity of our growing customer base and quickly respond to new market opportunities.”
“We are delighted to partner with Atain to help them revolutionize their delivery and technology operations,” said Jamie Yoder, Sapiens North America President & General Manager. “We look forward to helping Atain streamline and enhance its P&C systems while continuing to build its strong foundation for continued growth well into the future.”
Sapiens’ CoreSuite for P&C SaaS solution is a truly integrated suite to address all P&C insurer needs, including policy administration, claims, automated decision, reinsurance, data and analytics, and a full set of digital applications for a completely modernized landscape. Sapiens Cloud Solution enables rapid, seamless improvements and upgrades via a cost-effective, value approach.
Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. With more than 40 years of industry expertise, Sapiens’ cloud-based SaaS insurance platform offers pre-integrated, low-code capabilities across core, data and digital domains to accelerate our customers’ digital transformation. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers’ compensation, and life insurance markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit https://sapiens.com or follow us on LinkedIn.
Atain is an admitted and non-admitted property and casualty insurance company dedicated to serving niche programs and excess & surplus (E&S) markets. Licensed in 50 states, Atain underwrites numerous lines of business including professional liability, general liability and commercial multi-peril risks. A.M. Best affirmed Atain with an “A” (Excellent) Financial Strength Rating.
Atain is a member of H.W. Kaufman Group, which has over 60 offices across the United States, Canada, Europe, and South America and employs more than 2,000 professionals. For more information visit https://www.atainins.com/
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