#TheMarketsTrustBibi: MS Amlin Insurance Selects Israeli Company to Overhaul its Software-Systems

The daily example that the leftwing propaganda is what it is: Propaganda. Neither international companies nor investors avoid Israeli companies, start-ups from Israel or Israel at large. Today one of the global leading insurance companies trusts in solution ‘Made in Israel’.

Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), based in Holon (Israel), is a leading global provider of software solutions for the insurance industry, today announced that major European insurer MS Amlin Insurance S.E. has selected Sapiens to deliver an overhaul of a number of their software systems across several European countries.

Many of the insurer’s legacy core systems in its French, Belgian, and Dutch markets will be replaced by Sapiens IDITSuite, leading to significant gains in simplicity and consistency across markets. Cost savings will be achieved both through retiring a large number of outdated legacy applications, and by reducing reliance on complex onsite IT systems.

Sapiens IDITSuite is a digitally led, award-winning, end-to-end, cloud-based modular insurance platform; supporting personal and commercial lines of business from acquisition to billing, claim and renewal.

The MS Amlin Insurance implementation will be using the PolicyMaster, BillingMaster, and ClaimsMaster components, complimented by the market-leading Sapiens ReinsuranceMaster module covering both ceded and assumed business.

This is underpinned by the Sapiens Intelligence data and analytics module that pools the insurer’s data to provide actionable insights that improves underwriting risk selection and reduces claims expense ratios.

MS Amlin Insurance S.E. is a specialist P&C and Marine insurer with local teams operating across markets within Europe and the UK. With a desire to provide an unparalleled service experience, MS Amlin Insurance works closely with brokers and businesses to deliver bespoke and digitally traded solutions to meet client’s insurance needs.

Part of the MS&AD Group, a global top 10 non-life insurer; MS Amlin Insurance is domiciled in Belgium and is rated A (Stable) by Standard & Poor’s and A (excellent) AM BEST.

Based on press release by sapiens, selected as relevant, shortend and regrouped by VonNaftali