Sapiens Re to manage RSA reinsurance arrangements

Sapiens International Corporation, a provider of software solutions for the insurance industry, has launched Sapiens Reinsurance at Royal and Sun Alliance (RSA) - the multi-national general insurance group.

Sapiens Reinsurance, a reinsurance business management and accounting solution, is now managing a large part of RSA's reinsurance arrangements.

RSA has replaced several of its legacy IT systems with this solution. With the functionality provided by Sapiens Reinsurance, RSA now benefits from a single repository for all information, with support for operational reporting, accounts management, risk and financial exposure.

Raj Ghuman, vice president of sales and operations, Sapiens Reinsurance, said: "This project was one of Sapiens' largest reinsurance delivery undertakings and it included extensive historical data migration and fully hosted services. We thank RSA and its business teams for making this complex implementation journey a reality - our close partnership was instrumental in the successful outcome.”