July 15, 2014

Wisconsin-based West Bend Mutual Insurance has selected the Sapiens Reinsurance solution to improve management and control of its reinsurance business and related processes. Implementation is underway with a launch planned for the end of this year.

Sapiens' solution is designed to support the full range of reinsurance contracts and operations for all business lines on a single platform. West Bend chose the software based on its functionality set, ability to accommodate tight timelines, and the company’s collaboration strategy.

[ American National Selects Wolters Kluwer for GRC. ]

“The implementation of a new reinsurance system is a long term commitment, so part of our evaluation process was taking a close look at the vendor’s organization,” says Heather Dunn, West Bend’s VP and controller, in a statement. “We were especially pleased with Sapiens’ partnership approach and we felt their commitment to our success foreshadows how they will continue to value the relationship.”

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Kelly is an associate editor for Insurance & Technology. Prior to joining InformationWeek Financial Services, she was a staff writer for InformationWeek and InformationWeek Education. Kelly has also written for trade ...