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.
“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.”
Kelly Sheridan 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 publication Promo Marketing and a number of ... View Full Bio