Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, has won research and consulting firm Celent’s XCelent Award in the “Breadth of Functionality” category in North America for Sapiens UnderwritingPro for Life & Annuities. This is the 11th XCelent Award Sapiens has received.
“Insurers who are looking for a full-featured new business and underwriting system that functions equally well as standalone or as part of a suite will find that Sapiens UnderwritingPro meets their requirements,” Celent analyst Karen Monks wrote in the report. “Sapiens UnderwritingPro is the original of the modern underwriting engines, initially introduced in 1995. It has earned its spot among the top new business and underwriting systems through continual enhancement with new features, interfaces and capabilities, which have been guided by a very active user group.”
“We are honored to once again receive an XCelent Award,” said Roni Al-Dor, president and CEO of Sapiens. “We are investing heavily to continue to provide innovative technology for North American providers and to ensure that we are equipping our customers with the most modern and functionally rich solutions. We appreciate Celent continuing to provide such in-depth research, which enables Sapiens to better understand insurers’ top priorities and challenges in North America.”