Mindtree, a global technology services and digital transformation company, and Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance, banking and financial services industries, today announced a partnership to help insurance companies drive digital transformation.
The combination of Sapiens’ industry-leading, cloud-native, core suite of banking and insurance applications, and Mindtree’s deep domain knowledge and expansive delivery capabilities will enable insurance companies to increase scale, speed-to-market, and customer satisfaction as they embrace digital. Initially designed to support insurance system implementations, the partnership will first focus on North America and subsequently grow into Europe and Asia.
Sapiens’ full set of offerings for P&C, L&A and banking empowers customers to improve operational efficiency, expand revenue streams, and increase customer engagement and satisfaction using digital and omni-channel experiences. Sapiens CoreSuite enables P&C insurers to rapidly deploy core systems on the cloud, including business intelligence, reinsurance and portal solutions for all lines of business.
By combining Sapiens’ knowledge acquired through years of customer engagements around the world with Mindtree’s industry-leading, digital-first implementation processes and global scale, the two companies will help customers lower risk and speed up implementations and integrations.