(Image credit: Michal Soukup/Unsplash.)
The Netherlands branch of HDI Global Specialty SE (HGS; Hannover, Germany), has chosen Sapiens IDITSuite. HGS has used the Sapiens solution to replace its legacy system in order to provide greater automation and standardization, as well as globally available oversight on policies, risk exposures and data, according to a Sapiens statement. HDI is a long-standing customer of Sapiens. The selection builds on an existing relationship between Sapiens and HDI Global Specialty.
“Our previous system was not an ideal fit for our specialty business,” comments Ralph Beutter, HGS CEO. “Sapiens has given us the ability to quickly and easily create a bespoke system that serves our needs exactly as required.”
The vendor reports that, following the successful implementation of IDITSuite in the Netherlands, the next HGS business units to be digitally transformed by Sapiens will be Belgium and Denmark. In addition, HGS has chosen to digitally transform its reinsurance system with Sapiens’ digital reinsurance platform, a project scheduled to begin in the near future.
“Sapiens has been extremely pleased with the high level of collaboration and partnership with HGS, leading to successful implementation within a short period of time,” comments Roni Al-Dor, Sapiens president and CEO. “Sapiens IDITSuite is an award-winning Core P&C platform with rich functionality and ease of use and we are happy to partner with HGS on their transformation journey.”
Sapiens describes IDITSuite as a component-based, core software solution comprised of policy, billing and claims solutions. The solution supports end-to-end core operations and processes for short-term/non-life insurance from inception to renewal and claims.