(Statue of Mustafa Kemal Atatürk in Istanbul, home of Anadolu Insurance. Photo credit: Darwinek.)
Anadolu Insurance Company (Anadolu Sigorta, Istanbul) has expanded its strategic relationship with Sapiens (Holon, Israel) through a multi-million dollar contract. As part of a larger transformation project that the vendor says has already seen the successful launch of personal health, group health, fire and compulsory insurance lines, the Sapiens IDIT software suite will now also support one of Anadolu’s main lines of business, motor insurance.
“After the smooth go-live of our health and fire lines of business, we felt confident in choosing the same platform to also support our motor business,” comments Mehmet Abaci, CIO, Anadolu Insurance Company. “Consolidating our internal systems is an important part of our transformation project that will help us stay ahead in the competitive Turkish market. Sapiens is a trusted advisor and partner to Anadolu, with a proven ability to deliver and extensive knowledge of the motor business.”
Consolidating Disparate Lines
“We are extremely pleased that Anadolu’s trust in Sapiens led to an enlargement of the existing agreement and that our company’s growth momentum is continuing,” comments Roni Al-Dor, president and CEO, Sapiens. “One of the advantages of the Sapiens IDIT software suite is that property and casualty providers can grow at their own speed and eventually consolidate their disparate lines of business on a single platform.”
Sapiens IDIT’s modular components support all core operations of personal, commercial and specialty lines of business—from inception, through renewal and claims—for all types of P&C/general insurance, car insurance and health insurance, the vendor reports.