Atain Selects Sapiens to Automate and Modernize P&C Core Processes 

The insurer sought to upgrade its legacy technology to support greater speed to market to better manage product rollout and enable rapid growth expectations.

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Atain (Farmington Hills, Mich.), an admitted and non-admitted property/casualty insurance company dedicated to serving niche programs and excess & surplus (E&S) markets and licensed in 50 states, has selected Sapiens (Holon, Israel) CoreSuite for P&C SaaS solution to provide its specialty lines with greater automation and standardization.

Chris Zoidis, President & CEO, Atain.

Atain needed to upgrade its legacy solution to help achieve its rapid growth expectations over the next few years, according to a joint statement. The insurer 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,” comments Chris Zoidis, President & CEO, Atain. “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.”

Strong Foundation for Growth

Jamie Yoder, President and General Manager, Sapiens North America.

“We are delighted to partner with Atain to help them revolutionize their delivery and technology operations,” comments Jamie Yoder, President & General Manager, Sapiens North America. “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 describes its CoreSuite for P&C SaaS solution as a truly integrated suite to address all property/casualty 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  says its Cloud Solution enables rapid, seamless improvements and upgrades via a cost-effective, value approach.

Sapiens Launches PaM for Near-Real Time Changes to Business Logic

 

 

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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