Sapiens' solution enables AFR to replace their legacy systems with a nimble and dynamic platform that supports their multiple lines of businesses and helps them bring products to the marketplace quickly. Sapiens' solution will also automate AFR's reinsurance administration, which until now had been handled manually.
AFR is the oldest, and one of the largest, general farm and rural organizations in
"When we needed to replace our legacy systems with a flexible solution to support all our lines of businesses, we were drawn to Sapiens' impeccable industry reputation as well as our previous experiences with other Sapiens' solutions. The functionality of the CoreSuite components met our extensive requirements," said
"We are very pleased to enable AFR in their digital transformation by migrating to a single digital platform," said
Sapiens' market-leading and rules-based CoreSuite for Property & Casualty is comprised of three fully integrated, yet standalone, components – policy, billing and claims. Purpose-built for the P&C market, carriers can choose to harness Sapiens' end-to-end, cloud-based P&C insurance software with digital capabilities, or select from individual modular components to meet their needs today.
Sapiens ReinsurancePro manages the entire range of reinsurance contracts and activities for all lines of business. Built-in automation of contracts, calculations and processes provide flexible and full financial control of the reinsurance processes, including auditing requirements and statutory compliance.
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