Israel’s Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced the successful go-live of the new Sapiens ALIS 6.5 version at Wesleyan, a specialist financial services provider for doctors, dentists, lawyers and teachers in England.
The company declared that the Sapiens ALIS 6.5 – Sapiens’ core policy administration suite for the life insurance, annuities, savings, pension and medical markets – will enable Wesleyan to introduce new products to the market more rapidly and efficiently. Wesleyan will leverage the functional and technology richness embedded in the Sapiens ALIS platform to achieve its ambitious business goals.
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Sapiens ALIS 6.5 went into production for Wesleyan’s income protection business. During the next stage of the project, which is already underway, Sapiens ALIS 6.5 will be implemented for additional lines of business, such as bonds, individual savings accounts (ISA) and individual pensions.
“Wesleyan is embarking on an ambitious growth project and the introduction of Sapiens ALIS 6.5 is a fundamental step in ensuring we have the right foundations in place on which to base our growth plans, ” said Liz McKenzie, Wesleyan’s Group Corporate Services director. “This is another important milestone in our long-term relationship with Sapiens.”
“Sapiens has once again demonstrated that we understand the needs of the global life and pension market, ” said Roni Al-Dor, president and CEO of Sapiens. “This successful development and implementation will enable Sapiens ALIS to continue to stand out in the global market.”
“This is a very significant achievement that was facilitated by the collective team work and spirit across Wesleyan and Sapiens, ” said Raj Ghuman, vice president of Sales and Operations, Sapiens Europe. “Sapiens looks forward to continuing to develop and expand our strategic partnership with Wesleyan.”