Preferred Physicians Medical Risk Retention Group Goes Live With Sapiens’ P&C Offerings on the Cloud
HOLON,
Sapiens CoreSuite for Property & Casualty is comprised of three fully integrated, core components that are modular for policy, billing and claims. Sapiens IntelligencePro is a comprehensive business intelligence solution with over 100 pre-configured reports, dashboards, scorecards, ad hoc reporting and hundreds of analytics.
PPM selected Sapiens CoreSuite as part of their technology and business transformation strategy that will enable them to support their growth strategy and next-generation customers. Sapiens CoreSuite was chosen for its ability to support PPM's policy, quote and claims needs, as well as workflow and increased process automation and efficiency, reporting and business intelligence requirements. The suite's extensive functionality and its flexibility to support self-sufficiently configuration for PPM's complex coverage requirements were also key factors during the selection process.
"We are thrilled to have reached go-live with Sapiens," said
The Sapiens CoreSuite for Property & Casualty is enabling PPM to:
- Configure new processes and improve policy and claims efficiencies
- Drive innovative ideas and excellent service to customers
- Minimize short- and long-term maintenance costs over the life of the system
"We congratulate PPM on their successful implementation," said
About Preferred Physicians Medical
Established in 1987, Preferred Physicians Medical (PPM) pioneered the concept of a specialty-specific insurance company. PPM is owned entirely by its policyholder/members. In 2017, PPM entered a new strategic partnership with NORCAL Mutual (NORCAL). NORCAL serves as PPM's exclusive reinsurance provider. In addition, PPM's former holding company,
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