Achmea (Australia) Selected Sapiens IDIT Software Suite
REHOVOT, Israel, December 5, 2012 /PRNewswire/ –
Sapiens International Corporation N.V. [http://www.sapiens.com ] (NASDAQ and TASE:
SPNS), a provider of innovative insurance software solutions and a member of the Formula
Group (NASDAQ: FORTY and TASE: FORT), announces today that Achmea Insurance Group have
selected Sapiens IDIT [http://www.sapiens.com/general-insurance-software.htm ] software
suite as their centralized solution for core General Insurance business in Australia. This
Greenfield operation is conducted by Achmea Australia, who will serve as the insurer’s
main distribution channel on the ground.
This Sapiens IDIT deployment follows the successful implementations of Sapiens IDIT
Software Suite in Interamerican (Bulgaria) and Oranta (Russia), members of the Achmea
Group, and the decision of Achmea to select Sapiens IDIT as the strategic software
solution across all operating companies within the group.
Timo van Voorden, CEO of Achmea Australia, commented: “I am confident that the rich
functionality of Sapiens IDIT Software suite and the experience of the Sapiens team will
help us meet our aggressive business objectives that we have set for ourselves in the
Ruud Gruson, Program Manager at Achmea B.V Division International added: “The most
important success factor of Sapiens IDIT Software Suite is the comprehensiveness of the
solution. Sapiens IDIT’s robust technology enables us an easy opening up of any
distribution channel for selling our insurance products.”
“Our successful partnership with the Achmea Group is yet another evidence to our
growing market share within the global insurance enterprises segment.” said Roni Al-Dor,
President and CEO of Sapiens International.
Yoel Amir, Managing Director, General Insurance & Non-Life at Sapiens, added: “This
win further fosters our commitment to the Australian insurance market. We are dedicated to
the success of this partnership with Achmea and look forward to providing the best
insurance technology solution that addresses Achaea’s global strategy. As a global
company, Sapiens invests in meeting the undisputed demands of global insurers who wish to
deploy a common software platform across their operations worldwide.”
Achmea is the largest insurance group in the Netherlands, with strong brands including
Interpolis, Centraal Beheer Achmea, Zilveren Kruis Achmea, Avero Achmea, FBTO and Agis.
Achmea is also the largest Dutch health insurer, with some 5.2 million policyholders.
Achmea is an unlisted company with cooperative roots which balances the interests of
clients, business partners, employees and shareholders. Achmea, which has its head office
in Zeist, is active in eight European countries. In 2011 Achmea generated premium income
of around EUR 20 billion.
About Sapiens International
Sapiens International Corporation (NASDAQ and TASE: SPNS), is a global provider of
innovative software solutions for the financial services industry, with a focus on
insurance. We offer core, end-to-end software solutions for the general insurance,
property, casualty, life, pension and retirement markets. We have a track record of more
than 30 years in delivering superior software solutions to more than 100 financial
services organizations, including insurance, retirement, and mortgage providers. Our team
of more than 800 insurance and technology experts operates through our fully-owned
subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific.
Except for historical information contained herein, the matters set forth in this
release are forward-looking statements that are dependent on certain risks and
uncertainties, including such factors, among others, as market acceptance, market demand,
pricing, changing regulatory environment, changing economic conditions, risks in new
product and service development, the effect of the Company’s accounting policies, specific
system configurations and software needs of individual customers and other risk factors
detailed in the Company’s SEC filings.
Contact: Osnat Segev-Harel, CMO Sapiens International Tel: +972-8-938-2721 Email: email@example.com Investor Relations Contact: Roni Giladi, CFO Sapiens International Tel: +972-8-9382721 E-mail: firstname.lastname@example.org James Carbonara, Regional Vice President, Hayden IR Office: +1-646-755-7412 James@haydenir.com
SOURCE Sapiens International Corporation N.V.