Sapiens Decision is a prominent provider of software solutions tailored for the insurance industry, with a growing focus on the financial services sector. The company delivers comprehensive, end-to-end software solutions that address various markets, including property and casualty, life, pensions, annuities, reinsurance, and retirement. In addition to its core offerings, Sapiens also specializes in business decision management software, enhancing decision-making processes within the insurance and financial sectors. With over 30 years of experience, Sapiens has established a strong track record, serving more than 200 financial organizations globally. The company operates through its subsidiaries in North America, Europe, the Middle East, Africa, and the Asia Pacific region, supported by a dedicated team of approximately 1,700 professionals who provide implementation and project delivery services for its software solutions portfolio.
TIA offers the industry’s most flexible and comprehensive integrated suite of core insurance applications for property/casualty and composite insurers. TIA was Awarded the XCelent 2014 & 2011 Customer Base Award and currently has 60+ installations and 100,000 daily users in 40 countries. TIA helps insurers across the globe to respond faster to market changes, reduce risk, maximise results, boost productivity and deliver the best possible customer experience. Built as a modern customer-centric software package, TIA is simple to deploy and customise for any line of business. In addition, the TIA solution easily integrates with any system and scales across languages, organisations and channels. The global TIA partner network of more than 1000 implementation specialists provide local knowledge and specialised solutions while securing fast, on-schedule and within-budget implementations.
Delphi Technology, Inc. is a provider of software solutions specifically designed for the healthcare professional liability industry. Founded in 1989 and headquartered in Boston, Massachusetts, the company offers a range of services, including policy management, claims management, financial management, and risk management, as well as business intelligence and analytics. Delphi Technology also engages in business consulting and IT services to help clients optimize their operations and enhance efficiency. The company's solutions cater to various sectors, including medical and hospital professional liability, as well as workers' compensation. With additional offices in North America and Shanghai, China, Delphi Technology focuses on delivering innovative software that meets the evolving needs of its clients while ensuring adherence to industry best practices.
sum.cumo GmbH specializes in developing online platforms and software solutions tailored for the insurance and lottery sectors. Founded in 2010 and headquartered in Hamburg, Germany, the company also has offices in Düsseldorf and Zurich, serving clients primarily in Germany and Switzerland. sum.cumo focuses on the digital transformation of traditional business models, delivering innovative, customer-centric solutions that leverage the latest technologies. The company provides comprehensive support throughout the project lifecycle, with expertise in consulting, user experience, frontend and backend development, and marketing, ensuring successful implementation from conception to execution. As of early 2020, sum.cumo operates as a subsidiary of Sapiens Deutschland GmbH.
Adaptik Corporation, founded in 2000 and based in Bethlehem, Pennsylvania, specialized in providing property and casualty insurance policy administration solutions in the United States. The company developed PolicyWriter, a rules-based software that managed the complexities of personal, commercial, and specialty insurance lines. This solution included tools for policy administration, customer management, and task management, which enhanced automation and reduced application rejections. Adaptik served various insurance carriers, including those focused on personal, commercial, specialty, and worker's compensation lines. Through strategic partnerships, it aimed to address the challenges faced by insurance providers, streamline product implementations, and improve operational efficiency. In 2019, Adaptik Corporation merged with Sapiens Americas Corporation, further extending its reach and capabilities in the insurance software industry.
Knowledgeprice is an IT consulting firm based in Riga, Latvia, established in 2008. As a subsidiary of Sapiens Technologies, the company specializes in delivering high-quality consulting services for technology projects. Its areas of expertise encompass enterprise architecture, system design, IT project management, and programming. Knowledgeprice particularly excels in information systems turnaround projects, focusing on the transition from legacy systems while ensuring continuity and reliable support for its clients.
StoneRiver is committed to being the provider of choice for the Life/Annuity, P&C/Workers Comp and Reinsurance markets. Hundreds of insurance carriers, as well as thousands of agents, brokers, and dealers, and tens of thousands of pharmacies rely on us. Through innovative solutions, flexible services offerings, and strategic sourcing options, StoneRiver provides the agility to remain competitive in the changing insurance landscape – today and tomorrow. We are also committed to being the employer of choice for insurance technology, project management, and customer service professionals.
Maximum Processing offers Stingray, a modular browser-based, property and casualty solution for Policy (quoting, rating, issuance), Billing, Claims and reinsurance administration along with statistical bureau, DMV, Imaging, Credit Card, General Ledger, Comparative Raters, CLUE, 4SightBI, reporting and many other third party interfaces.
IBEXI Solutions Pvt. Ltd. specializes in delivering comprehensive business and technology solutions tailored for the insurance industry. Founded in 2001 and headquartered in Mumbai, India, the company serves a diverse client base that includes insurers, reinsurers, banks, agents, brokers, and service providers. Its extensive product offerings encompass a range of solutions such as policy administration systems, insurance dashboards, and illustration tools that facilitate the customization of formulas and rates without programming knowledge. Additionally, IBEXI provides analytical tools to assess client insurance needs, a proposal administration system, and various financial management solutions. The company also offers consulting services in IT strategy, software evaluation, business process design, and application development. With strategic partnerships with several technology firms, IBEXI Solutions enhances the operational efficiency and decision-making capabilities of its clients across the insurance value chain.
Formula Insurance Solution
Acquisition in 2011
Formula Insurance Solution is a global packaged-based solutions that enable financial service companies to efficiently manage the entire policy lifecycle of all life insurance, pension and investment products.
Harcase Software
Acquisition in 2010
Established in 2003, Harcase Software is dedicated to providing enterprise software development resources and products to the Property and Casualty insurance industry called RapidSure. The RapidSure suite was already embraced by several large carriers. Backed by an experienced management team with over 20 years of experience in enterprise solutions to the global insurance market, Harcase understands the business pressures and challenges faced by insurers and delivers solutions that meet and anticipate their needs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.