The solution is designed to enable rapid new product launches and enhance the efficiency of new customer acquisition.
Deployment of the solution to support the implementation of an absence management product to the reinsurance industry won Majesco a Salesforce Partner Innovation Award.
With Sapiens ReinsurancePro the medical professional liability insurer will be able to replace its legacy process and ensure that it is streamlined, consistent and financially correct.
The Series A investment will be used to further develop Balance Re’s proprietary asset-liability management technology and to support its fully licensed German reinsurance company.
The round aims to promote the company’s multi-billion security-based investment portfolio, as well as the world’s first fully digital marketplace for insurers, reinsurers, and pension funds.
The reinsurance addition to the platform gives clients the ability to seamlessly integrate with Hannover Re US to evaluate new reinsurance solutions, as well as support existing reinsurance relationships.
Bermuda-based reinsurer selected Prima Solutions to support its property/casualty runoff management activities.
The specialty property/casualty insurer sought to eliminate manual processes and increase risk management efforts regarding data accuracy and claims administration.
The insurer selected the reinsurance management software to improve efficiency, expand capabilities for complex structures’ management and better serve partners.
Sapiens’ solutions enable AFR to migrate all lines of business to a single digital platform and automate manual reinsurance.