Tier-One South African Bank Goes Live Extending its Sapiens Relationship into New Territory

Provided By PR Newswire

Last update: Aug 23, 2023

Sapiens IDITSuite core solution for short term (P&C) business was chosen to improve time-to-market and reduce complexity for new insurance products

HOLON, Israel, Aug. 23, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a tier-1 bank in South Africa went live with Sapiens IDITSuite for Property & Casualty in Namibia as the core system for its short term (non-Life) insurance business there. The bank has already been using IDITSuite for its core short term operations in South Africa, in addition to Sapiens CoreSuite for Life & Pensions for its Life & Annuities business.