Clear Blue Insurance Group Selects Sapiens ReinsurancePro
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HOLON, Israel, April 28, 2021 /PRNewswire/ Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced an agreement to deploy Sapiens ReinsurancePro by the Clear Blue Insurance Group, a property and casualty enterprise that provides commercial and personal insurance programs in partnership with general agencies and reinsurers.
As a program specialist company that provides reinsurance markets access to primary US property and casualty business, Clear Blue has many ceded reinsurance contracts. To help meet the unique needs and risk appetites of their reinsurance partners, Clear Blue has a large variety of contract provisions and parallel reinsurance programs. Clear Blue is implementing ReinsurancePro to help ma
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HOLON, Israel, April 19, 2021 /PRNewswire/ Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Co-operative Insurance Companies, which offers insurance protection for farms, homes, autos and business in Vermont and New Hampshire, has selected Sapiens ReinsurancePro and FinancialPro solutions to transform its financial & compliance and reinsurance systems.
Co-op is implementing Sapiens advanced insurance solutions to help manage the increasing volume and complexity of its insurance strategy – quickly and accurately. Co-op turned to their trusted partner Sapiens for a solution that would solve two primary pain points – speed and accuracy. Their current, spreadsheet driven process for reinsurance administration is very manual, which can be prone to error and a poor allocation of r
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