Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, announced on Tuesday the launch of IDIT Go, which is described as a pre-configured, cloud-native solution that streamlines implementation and operations, enabling general (non-life) insurers to rapidly launch new offerings.
Sapiens revealed the cloud-first platform streamlined upgrades, 24/7 accessibility from anywhere, increased operational efficiencies and security.
“Designed to offer ‘plug ‘n play’ business functionality and enhanced user experience, IDIT Go provides the following key benefits: faster time to market based on low-code architecture, digital-first configurable portals, resilient policy administration system (PAS), and cloud-native benefits and scalability for future growth.”
Roni Al-Dor, Sapiens president and CEO, spoke about the launch by stating:
“IDIT Go leverages our depth of industry expertise, innovative technology and robust capabilities to ensure we support our clients’ needs in every step of their digital transformation and assist them to achieve a rapid time to value.”
Sapiens went on to add that IDIT Go also features a menu of open APIs, which offers P&C providers full access to Sapiens’ insurtech ecosystem, enabling the quick addition of tools for customer engagement, sales and marketing, and product enhancements.
Sapiens currently offers digital software platforms, solutions and services for the property and casualty; life, pension and annuity; reinsurance, financial and compliance; workers’ compensation; and financial markets