Call us: 972-36930900
[email protected]
FinTLVFinTLVFinTLVFinTLV
  • Home
  • Team
  • Portfolio
  • InsureTLV Conference
  • IL Insurtech Map
  • Contact Us

Sapiens Partners With FinTLV to Simplify Technology Innovation for Insurers

    Home News Sapiens Partners With FinTLV to Simplify Technology Innovation for Insurers
    NextPrevious

    Sapiens Partners With FinTLV to Simplify Technology Innovation for Insurers

    By admin | News | 0 comment | 5 September, 2018 | 0

    Sapiens International Corporation, (NASDAQ : SPNS ) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has established a partnership with FinTLV, a venture capital fund that provides industry expertise and financial investment to trailblazing start-ups developing innovative financial technology. The partnership is designed to enable Sapiens to bridge the gap between insurance carriers and insurtech start-ups, with a focus on simplifying access to innovative insurance technologies.

    Sapiens’ global insurance technology leadership and vast product portfolio – combined with FinTLV’s access to a large number of insurtech-related technologies and companies, and expertise in managing innovation programs for insurance companies – is expected to result in a unique value proposition for Sapiens’ insurance provider clients. Leveraging the skills and resources of both organizations will simplify the creation of innovation programs to facilitate, support and promote innovation and disruption within the insurance industry, especially within the Sapiens client family.

    A sampling of the benefits insurers can derive from the partnership include:

    • Annual innovation programs tailor-made for customers’ unique business scenarios.
    • Formulation of new value propositions and new products.
    • Support for the full technology innovation lifecycle, from funnel, to proof of concept (POC) and successful production.

    “This partnership allowsus to leverage FinTLV’s access to scores of insurtech-related technologies and companies around the globe, enabling us to incorporate new technologies and provide strong insurtech ecosystems for Sapiens’ core products,” said Alex Zukerman, head of corporate strategy, Sapiens. “Combining FinTLV’s proven ability to execute innovation programs with Sapiens’ strong software development skills and insurance expertise offers a tremendous value proposition for our clients, as they continue to modernize and transform their operations.”

    “Sapiens’ proven ability to apply smart technologies to the insurance process has resulted in an impressive portfolio of production-level solutions for carriers,” said Gil Arazi, co-founder and managing partner of FinTLV. “We believe we can help Sapiens and its customers by exposing them to the latest insurtech offerings, supporting them in their innovation efforts and assisting in the adoption of new technologies. This will be a ‘win’ for everyone involved: carriers, Sapiens, FinTLV and the insurance industry as a whole.”

    About FinTLV

    FinTLV is a venture capital fund aiming to provide industry expertise and financial investment to trailblazing start-ups developing innovative, new-age financial technology. The firm also incorporates an Insurtech Open Corporate Innovation Platform, jointly with SOSA, a global network of tech innovation hubs, into its investments, connecting industry leaders to the heart of the Israeli start-up ecosystem. For more information: www.fintlv.com.

    About Sapiens

    Sapiens International Corporation is a leading global provider of software solutions for the insurance industry, with a 35-year track record of delivering to more than 400 organizations. The company offers software platforms, solutions and services, including a full digital suite, to satisfy the needs of property and casualty/general insurers, and life, pension and annuity providers. Sapiens also services the reinsurance, workers’ compensation, financial and compliance, and decision management markets.

    The company’s portfolio includes policy administration, billing and claims, underwriting, illustration and electronic application. The digital suite features customer and agent portals, and a business intelligence platform. For more information: www.sapiens.com.

     

    Business insider

    No tags.
    admin

    admin

    More posts by admin

    Related Post

    • Protecting Today’s Digital Consumer

      By admin | Comments are Closed

      In this report, we discuss some of the steps that organizations, and the insurance industry, can take to protect digital consumers from increasingly sophisticated cyber threats. The report covers: • A case study analysis ofRead more

    • FinTLV is selected among the top 10 insurtech global investors

      By admin | Comments are Closed

      https:https://insurtechdigital.com/magazine/insurtech-digital-january-2023

    • European insurtech startup Wefox grabs $650 million at $3 billion valuation

      By admin | Comments are Closed

      New investors include FinTLV, Ace & Co, LGT and its affiliated impact investing platform Lightrock, Partners Group, EDBI, Jupiter and Decisive Capital Management SA.

    • Investment firms FinTLV and Aquiline Technology Growth aim to further drive Corvus’s safer world mission

      By admin | Comments are Closed

      Corvus Welcomes New Investors With $15M Series C Financing Extension

    • FinTLV is the leading investor at Next Insurance F round at a $4B valuation

      By admin | Comments are Closed

      Next Insurance Raises New Funding and Doubles Valuation to $4 Billion in Six Months to Accelerate Innovation for Small Businesses Insurance.  FinTLV Ventures and Battery Ventures lead new $250 million investment round;

    • Insurance Startup Hippo to Go Public in $5 Billion SPAC Merger

      By admin | Comments are Closed

      See what LinkedIn’s Reid Hoffman says about taking home insurer Hippo public via SPAC This is going to be FinTLV’s first exit in the fund

    • Who is FinTLV?

      By admin | Comments are Closed

      Based in Tel Aviv, Israel, the company is a VC investment firm that was founded in 2016. Focusing primarily on insurance and insurtech prospects, FinTLV’s portfolio includes three of the sector’s most exciting entities: Hippo, Next, and Unqork –Read more

    • FinTLV closes its second, $120 million Global Insurtech-Fintech fund

      By admin | Comments are Closed

      The fund will continue investing in the most promising, global growth-stage insurtech companies

    NextPrevious
    • Home
    • Team
    • Portfolio
    • InsureTLV Conference
    • IL Insurtech Map
    • Contact Us
    Copyright 2016 FinTLV | All Rights Reserved |
    • Home
    • Team
    • Portfolio
    • InsureTLV Conference
    • IL Insurtech Map
    • Contact Us
    FinTLV