US property and casualty (P&C) insurer Atain will implement know-how from Sapiens Worldwide to automate and standardise the core processes of its speciality strains.

The corporate chosen Sapiens’ CoreSuite P&C SaaS resolution, which is an built-in providing to serve P&C insurers.

This resolution combines coverage administration, information and analytics, claims, automated selections, reinsurance, and varied digital purposes.

In keeping with the seller, the cloud platform additionally permits seamless upgrades.

Sapiens North America president and common supervisor Jamie Yoder stated: “We look ahead to serving to Atain streamline and improve its P&C methods whereas persevering with to construct its robust basis for continued development properly into the longer term.” 

The know-how from Sapiens will exchange Atain’s legacy resolution to drive its development technique.

It can additionally expedite the insurer’s pace to market to handle its product launches, added the seller. 

The insurer is a brand new shopper of Sapiens and appears to finish the deployment of the answer in 18 months.

Atain president and CEO Chris Zoidis stated: “Sapiens will likely be instrumental in serving to us strengthen our operational capability, attain our growth targets, and supply the very best service expertise to our shoppers.

“Our enhanced capabilities will enable us to greatest deal with the rising quantity and complexity of our rising buyer base and shortly reply to new market alternatives.” 

Final yr, HDI World Specialty (HGS) deployed Sapiens’ IDITSuite P&C core resolution for its Netherlands department.

The answer combines coverage, billing and claims capabilities and can exchange the department’s legacy system.

Sapiens caters to insurers throughout property and casualty, life insurance coverage, and staff’ compensation segments.

Presently, the agency serves greater than 600 shoppers throughout 30 nations.