MD Insurance Services UK (MDIS) has selected Sapiens (Rehovot, Israel) IDIT General Insurance Solution for providing buildings warranty insurance, to cover its 10-year guarantees.
MDIS will implement Sapiens IDIT as its new, web-based policy administration solution enriched with the necessary functionality to ensure readiness and compliance in the UK, followed by other selected countries across Continental Europe, according to Sapiens. The system will enable fast deployment of building warranty insurance products, backed by a customer-centric management system, the vendor says.
"Our main challenge is to enhance our back office software and extranet portal capabilities to offer innovative home warranty covers," comments Gary Devaney, managing director, MDIS. "We are impressed with Sapiens IDIT's wide-ranging experience in the insurance sector and we consider Sapiens as a true partner to help us win this challenge."