Sapiens International announced that Penn National Insurance, a super-regional P&C mutual insurance company, has selected Sapiens ReinsurancePro solution.
Penn National Insurance will also use Sapiens cloud services for a seamless and secure hosting experience.
ReinsurancePro enables Penn National Insurance to automate reinsurance contract requirements from an infrastructure and planned cost perspective. Penn National Insurance is an existing Sapiens customer and uses the StatementPro annual statement filing solution. Their ReinsurancePro implementation is expected to be completed by January of 2024.
Sapiens ReinsurancePro manages the entire range of reinsurance contracts and activities for all lines of business.
More than 100 insurers worldwide use Sapiens’ reinsurance solutions.
