Canada's Largest Insurance Mutual, Beneva, Upgrades to Sapiens Enhanced Version of UnderwritingPro
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HOLON, Israel, May 26, 2021 /PRNewswire/ -- Sapiens Americas, a fully owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Beneva, Canada's largest mutual insurance provider, has successfully upgraded to Sapiens UnderwritingPro Version 11.
Beneva was created in 2020 through the coming together of La Capitale and SSQ Insurance to become the largest insurance mutual in Canada with more than 3.5 million members and customers. As part of their digital transformation program, Beneva undertook a global, enterprise-wide life underwriting initiative to automate their many manual processes and rules with a modern technology stack, where digital tools can be leveraged for speed and flexibility.