Sapiens Announces Catholic Life Insurance’s Expanded Use of StoneRiver Solutions for Life and Annuities
HOLON,
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Already an in-production user of
"We have been extremely pleased with our
Additional benefits Catholic Life anticipates from the expanded
- Reduced time to issue a certificate of insurance;
- Automated generation of required forms for agents;
- Ability to process commission payments more quickly;
- Enhanced and simplified workflow from submission to navigation to illustrations; and
- Overall reduction in operational expenses due to new efficiencies.
All Catholic Life lines of business will be supported, including: term life, whole life, universal life, annuities, final expense, and its 'Just for Kids' product. The implementation will include integration with Catholic Life's agent portal, illustration and other third party software.
"We worked very closely with Catholic Life on the project to carefully define the timeline and success measurement criteria," said
About
About
Sapiens is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector. We offer integrated core software solutions and business services, and a full digital suite for the property and casualty/general insurance; life, pension and annuities; and reinsurance markets. Sapiens also services the workers' compensation and financial and compliance markets. Our portfolio includes policy administration, billing and claims; underwriting, illustration and electronic application; reinsurance and decision management software. Sapiens' digital platform features customer and agent portals, and a business intelligence platform. With a 30-year track record of delivering to more than 400 organizations, Sapiens' team of over 2,500 operates through our fully-owned subsidiaries in
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