KW Specialty Expands its Relationship with Sapiens, Choosing to Automate and Move its Reinsurance Management to the Cloud
RALEIGH, N.C., Oct. 5, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the financial services industry, announced today that KW Specialty (KWS), a leading surplus lines insurer based in Scottsdale, Arizona, has selected Sapiens ReinsurancePro to automate their reinsurance management on the cloud.
- The integration also enabled KWS to add a Managing General Agent (MGA) book of business to ReinsurancePro.
- KWS's decision to choose a cloud system for its reinsurance management was prompted by accessibility of the platform 24*7 from any place, and the additional IT resources available through Sapiens managed services.
- "To expand our competitive edge, we were seeking a comprehensive reinsurance solution that supported both ceded and assumed business.
- Proven personal lines product knowledge and technical expertise helps KW Specialty provide heightened dedicated service to the wholesale industry.