Mindtree and Sapiens International Corporation, join hands to empower insurance companies for digital transformation. Mindtree is engaged in global technology services & digital transformation, whereas Sapiens provides solutions for the insurance, banking and financial services industries at the global level.
Initially made to facilitate the execution of insurance systems, the amalgamation journey will start in North America, and then move to Europe and Asia. The fusion of cloud-native, core suite of banking & insurance applications of Sapiens, and in-depth domain knowledge and expansive delivery capacity of Mindtree will help insurance companies to go scalable and offer ultimate customer satisfaction as they turn digital.
Jamie Yoder, North America President and General Manager, Sapiens, commented, “We are delighted to partner with Mindtree in the Property & Casualty and Life & Annuity insurance markets. Our collective insurance industry and digital transformation experience will further strengthen our delivery capabilities and scale, which will drive continued growth and customer satisfaction. Together, we will power insurers with the competitive edge to meet market demands and succeed in the digital age of insurance.”
Sapiens brings its CoreSuite to empower P&C insurers quickly install core systems on the cloud that comprise reinsurance, business intelligence, and portal solutions for all sorts of business. While serving consumers, Sapiens has a wide range of offerings P&C, L&A and banking to help them access operational effectiveness, increase revenue sources, and boost customer engagement & satisfaction by employing digital and omnichannel experiences.
Sapiens has worked for years and acquired significant knowledge about customer engagements around the world, and when aligned with the industry-leading, digital-first implementation processes and the global scale of Mindtree, both organizations will enable customers to reduce risk and fasten implementations and integrations.
Mukund Rao, Chief Business Officer for Banking, Financial Services and Insurance, Mindtree, stated, “Our partnership with Sapiens emphasizes our longstanding commitment to innovation. Digital technologies have unlocked a significant opportunity for banking, financial services, and insurance companies to not just streamline processes, but also drive new business and operating models centered on engaging and disruptive experiences. The combined strengths of Mindtree and Sapiens will enable these companies to maximize digital transformation and business outcomes.”
Read: On Insurances and Their Platforms
