Sapiens International Corporation announced on May 13, 2025, that a European-based global insurer has selected Sapiens ReinsuranceMaster and Sapiens DataSuite end-to-end SaaS solution. This aims to modernize its operations in the highly specialized London Market.
This marks a significant milestone as it is the first London Market insurer to utilize Sapiens' innovative Lloyd's Outward Reinsurance Scheme (LORS) and Underwriting Support Message (USM) features of Sapiens ReinsuranceMaster.
The implementation will replace the insurer's legacy systems, streamline processes, and enhance operational efficiency, helping the company maintain its leadership. This partnership underscores Sapiens' commitment to serving the unique needs of the London Market, a global hub for complex insurance and reinsurance.
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