EuroLife Deploys Sapiens ALIS for All Life, Investment and Health Lines of Business

The insurer cites effective collaboration between its professionals and those of the vendor for a relatively short implementation time.The insurer cites effective collaboration between its professionals and those of the vendor for a relatively short implementation time.

Anthony R. O’Donnell //

(Aphrodite’s Rock in Cyprus. Photo credit: Nino Verde.)

EuroLife (Nicosia, Cyprus) has deployed Sapiens International Corporation’s (Holon, Israel) ALIS life and pensions system, replacing the company’s legacy environment and support all of its life, investment and health lines of business. The insurer announced its selection of the Sapiens system in July 2015.

Savvas Sideras, Operations Manager, EuroLife.

Savvas Sideras, Operations Manager, EuroLife.

EuroLife cites The professionalism and quality of Sapiens’ personnel as major factors in its selection. “Sapiens executed on its promises and vision,” comments Savvas Sideras, operations manager, EuroLife. “Going live successfully in a relatively short period of time was the result of great collaboration between two highly professional, high-performing teams. Sapiens’ domain expertise and understanding of our business needs provided tremendous value and led to a fast and collaborative implementation process.”

“This achievement was made possible by the excellent team work and spirit exhibited by EuroLife and Sapiens,” comments Roni Al-Dor, Sapiens’ president and CEO. “We are pleased that the delivery process went smoothly and we look forward to continuing to explore new opportunities with our partners at EuroLife.”

Benefits that EuroLife expects new system include the following, according to a Sapiens statement:

  • Improved time-to-market for new products;
  • Reduced IT costs associated with the support and maintenance of the legacy environment;
  • A holistic view of the client in an omni-channel environment; and
  • The ability to leverage data to better serve and interface with customers

EuroLife Transcends Inflexible Legacy Systems with Sapiens ALIS

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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