TMCnet News
Sapiens Partners With FinTLV to Simplify Technology Innovation for InsurersHOLON, Israel, Sept. 5, 2018 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has established a partnership with FinTLV, a venture capital fund that provides industry expertise and financial investment to trailblazing start-ups developing innovative financial technology. The partnership is designed to enable Sapiens to bridge the gap between insurance carriers and insurtech start-ups, with a focus on simplifying access to innovative insurance technologies. Sapiens' global insurance technology leadership and vast product portfolio – combined with FinTLV's access to a large number of insurtech-related technologies and companies, and expertise in managing innovation programs for insurance companies – is expected to result in a unique value proposition for Sapiens' insurance provider clients. Leveraging the skills and resources of both organizations will simplify the creation of innovation programs to facilitate, support and promote innovation and disruption within the insurance industry, especially within the Sapiens client family. A sampling of the benefits insurers can derive from the partnership include:
"Sapiens' proven ability to apply smart technologies to the insurance process has resulted in an impressive portfolio of production-level solutions for carriers," said Gil Arazi, co-founder and managing partner of FinTLV. "We believe we can help Sapiens and its customers by exposing them to the latest insurtech offerings, supporting them in their innovation efforts and assisting in the adoption of new technologies. This will be a 'win' for everyone involved: carriers, Sapiens, FinTLV and the insurance industry as a whole." About FinTLV About Sapiens The company's portfolio includes policy administration, billing and claims, underwriting, illustration and electronic application. The digital suite features customer and agent portals, and a business intelligence platform. For more information: www.sapiens.com. Investor and Media Contact
View original content with multimedia:http://www.prnewswire.com/news-releases/sapiens-partners-with-fintlv-to-simplify-technology-innovation-for-insurers-300706960.html SOURCE Sapiens International Corporation |