(Image source: VEREINIGTE HAGEL promotional video.)
VEREINIGTE HAGEL, a Giessen, Germany-based insurer to the agricultural industry, has selected the cloud-based Sapiens (Holon, Israel) IDITSuite to provide a single global platform for underwriting and billing. VEREINIGTE HAGEL’s current, historically grown application landscape will be replaced by the Sapiens modular and complete system that enables continuous end-to-end processing from front-end portal to back-end billing, according to a Sapiens statement.
“We selected the Sapiens P&C platform due to the product’s leading position, as well as the company’s demonstrated experience in insurance and local market know-how,” comments Rainer Langner, CEO, VEREINIGTE HAGEL. “The Sapiens solution, with its high degree of automation, enables efficient processing of VEREINIGTE HAGEL’s highly seasonal business.”
In addition to Germany, VEREINIGTE HAGEL operates in Poland, the Netherlands, Belgium, Croatia, and other countries. VEREINIGTE HAGEL reports that it chose to implement Sapiens IDITSuite in Germany and Poland initially, and expand to additional countries in the near future. The insurer is looking to modernize the entire system landscape to enable them to work completely digitally and consistently across all jurisdictions, according to Sapiens.
Rich Functionality and Ease of Use
“Sapiens is delighted to serve as a trusted partner for VEREINIGTE HAGEL and support its dynamic business. We are fully aligned with VEREINIGTE HAGEL’s vision,” comments Roni Al-Dor, president and CEO, Sapiens. “Sapiens Core P&C platform is an award-winning platform of rich functionality and ease of use and we are happy to partner with VEREINIGTE HAGEL on their transformation journey.”
Sapiens describes IDITSuite as a component-based, core software solution composed of policy, billing and claims solutions. It supports end-to-end core operations and processes for short-term/non-life insurance from inception to renewal and claims.
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