Connect with us

Technology

Hollard Group Risk Goes Live with Sapiens Data and Analytics Solution to Complement Sapiens CoreSuite for Life & Pensions

Published

on

The implementation accelerates HGR’s complete core transformation for Life & Pensions

UXBRIDGE, England, Sept. 30, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that South Africa’s Hollard Group Risk (HGR), a division of Hollard Life Insurance Company Limited, has gone live with Sapiens DataSuite, to accelerate the complex migration of HGR’s business and align processes with Sapiens CoreSuite for Life & Pensions. DataSuite will support the transition period between the core system and HGR’s legacy system.

Sapiens DataSuite supports the complex launch of CoreSuite by producing actionable insights and automated, consolidated reports across HGR legacy system and CoreSuite system among all lines of business to deliver maximum business value. Among its many benefits, DataSuite empowers HGR with the ability to manage their data and reporting needs and seamlessly operate their business as usual during the migration from their legacy policy administration system. The solution provides HGR with a detailed suite of operational, claims, underwriting, financial, risk and actuarial reports. 

In addition, integrating DataSuite with HGR’s legacy policy administration system and CoreSuite significantly reduces the complexities of the migration process, which required complicated development of tailored reports and merging of reports across the legacy and CoreSuite systems. CoreSuite’s policy administration system includes the full range of group scheme processing including enrolment via file for bulks or manually for a single member, periodical payroll processing, premium payments, commission and binder fee calculations, renewal calculations, and claims. 

“The implementation of DataSuite propels our long and trusted relationship with Sapiens to a new level of partnership,” said Duran Chetty, HGR’s COO & CIO. “Sapiens CoreSuite for Life & Pensions is replacing our core legacy system to drive down operational costs and deliver automated, seamless user experiences for customers, alliance partners, and HGR staff. CoreSuite and DataSuite will also help accelerate our digital transformation objectives. Sapiens’ dedicated data solution and data warehouse have stepped in to handle our existing business volumes, while accommodating expected growth.”  

“Sapiens delivered HGR a complete transformation package to accelerate their market position and reduce the complexities of their reporting requirements,” said Roni Al-Dor, Sapiens President and CEO. “HGR’s launch of Sapiens CoreSuite was the first comprehensive group risk implementation in South Africa, and we are excited to see the continuation of this project with DataSuite and to accompany HGR as they expand.”  

Sapiens CoreSuite for Life & Pensions is a software solution for end-to-end core operations and processes. An award-winning policy administration system, it supports individual and group products across life, health, wealth & retirement.  

Sapiens DataSuite is a data management solution that empowers insurers to transform their data into actionable insights to maximize the value of their data. DataSuite is a modular, highly innovative business intelligence solution specifically for insurance markets. 

About Hollard Group Risk (HGR)  

Hollard Group Risk (HGR) is a division of Hollard Life Insurance Company Limited. HGR is an independent specialist risk manager that provides a comprehensive range of flexible risk benefit solutions to employer and affinity groups, both locally and internationally. For more information, visit https://hollardgrouprisk.com/ 

About Sapiens  

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.  

For more information visit https://sapiens.com or follow us on LinkedIn   

Investor and Media Contact  
Yaffa Cohen-Ifrah  
Sapiens Chief Marketing Officer and Head of Investor Relations 
Email: Yaffa.cohen-ifrah@sapiens.com

Forward Looking Statements 

Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to:  the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic,  and fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.  

While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations. 

Logo: https://mma.prnewswire.com/media/585787/4595037/Sapiens_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/hollard-group-risk-goes-live-with-sapiens-data-and-analytics-solution-to-complement-sapiens-coresuite-for-life–pensions-302262501.html

SOURCE Sapiens International Corporation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Audacity Capital Launches New Trading Dashboard and Expands Funding Programs for Traders

Published

on

By

The new dashboard offers real-time updates, advanced trading stats, and user-friendly features, while flexible funding models provide traders with capital and growth opportunities.

LONDON, Sept. 30, 2024 /PRNewswire-PRWeb/ — Audacity Capital, a proprietary trading firm, has introduced its new trading dashboard aimed at providing traders with real-time updates and a user-friendly interface. The dashboard equips traders with tools to efficiently manage their accounts, track performance, and streamline their trading activities. In addition to this update, Audacity Capital continues to offer funding models designed to support traders by providing access to capital, helping them trade without the usual financial limitations.

Audacity Capital offers two main funding programs: the Ability Challenge and the Funded Trader Program. The Ability Challenge is a structured evaluation program that allows traders to showcase their skills in a demo environment. Successful participants who meet the required performance metrics gain access to live capital and receive up to 90% of the profits. Additionally, traders who pass the challenge are refunded their participation fee. The Funded Trader Program provides instant access to live capital without the need for a demo or evaluation. In this program, traders keep up to 80% of their profits and receive payouts each time they reach the profit target.

Both funding models offer account scaling, allowing traders to grow their accounts over time, with a maximum capital allocation of $2 million. This enables traders to increase their potential returns as they demonstrate consistent success.

New Trading Dashboard Features

Audacity Capital’s newly introduced dashboard offers a wide range of features that are designed to improve the trader’s experience. Key features include real-time synchronization with trading platforms, a comprehensive suite of advanced trading stats, and an easy-to-navigate user interface. Traders can track their progress, monitor performance, and manage their assets all in one place. The dashboard also features a real-time leaderboard that allows traders to view top performers and fosters a competitive trading environment.

Other useful features include integrated wallet management for better control over earnings, customizable light and dark modes for personalized user experience, and an economic calendar to keep traders updated on key market events. The platform also simplifies the affiliate referral process, enabling traders to manage commissions and referrals directly from their dashboard.

Free Trial Period for New Traders

Audacity Capital offers a free trial period for new traders interested in exploring its platform and services. During this trial, traders can experience the benefits of the new trading dashboard, access educational resources, and engage with a supportive trading community without any financial commitment.

Audacity Capital’s Ongoing Commitment

Audacity Capital remains focused on providing traders with the tools, funding, and support they need to thrive. The launch of the new trading dashboard coupled with the enhanced funding models underscores the firm’s commitment to advancing traders’ capabilities in the competitive world of Forex trading and day trading.

For more information, contact Audacity Capital at:
Email: support@audacitycapital.co.uk
Phone: +44 20 8050 1985

About Audacity Capital
Established in 2012, Audacity Capital stands as one of the best prop firms, supporting a global community of traders.The firm is recognized for its comprehensive funding programs and professional training, having assisted over 150,000 traders in reaching their financial goals. With a focus on providing resources and opportunities, Audacity Capital continues to help traders succeed in the financial markets. For more information, visit Audacity Capital.

Media Contact

Audacity Capital Team, Audacity Capital, +44 20 8050 1985, support@audacitycapital.co.uk, https://www.audacitycapital.co.uk/

View original content to download multimedia:https://www.prweb.com/releases/audacity-capital-launches-new-trading-dashboard-and-expands-funding-programs-for-traders-302262508.html

SOURCE Audacity Capital

Continue Reading

Technology

asTech® Driven by Repairify Welcomes New Chief Revenue Officer and Senior Vice President of Marketing

Published

on

By

PLANO, Texas, Sept. 30, 2024 /PRNewswire/ — Repairify, the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today the addition of two key executives to its leadership team: Mike Gugino as chief revenue officer and Kennedy Taylor as senior vice president of marketing.

Mike Gugino joins asTech® bringing a distinguished background across the military, investment banking, and technology sectors. Mike has a proven track record in driving business outcomes and strategic growth. Before joining asTech, he served as head of international operations and strategy at Axon (NASDAQ: AXON), where he managed a global sales force and oversaw business operations, sales enablement, and strategic partnerships across more than 30 countries. His career also includes eight years in investment banking with Evercore Partners and J.P. Morgan, focusing on M&A transactions and capital raising in both the industrial technology and automotive sectors. 

Additionally, Mike served six years in the Army as an Airborne Ranger and captain in military intelligence, completing two tours of duty to Afghanistan in support of Operation Enduring Freedom. He holds a B.S. in international history from the United States Military Academy at West Point and an MBA from Columbia Business School.

Kennedy Taylor brings over a decade of marketing expertise to her new role as senior vice president of marketing. Kennedy has a strong track record in developing and executing innovative marketing strategies that drive growth and enhance brand recognition. Her career highlights include leading rebranding initiatives, digital marketing transformations, and successful product launches across various industries. Notably, Kennedy has been a keynote speaker for Google on two occasions, sharing her insights on marketing trends and strategies with a global audience. She holds a degree in media communications with a minor in marketing and advertising from the University of Washington and is renowned for her exceptional skills in brand development, project management, and cross-functional collaboration.

“The addition of Mike Gugino and Kennedy Taylor to the asTech executive leadership team marks a significant step forward for the company,” said Craig Edmonds, president of asTech. “Mike’s extensive experience in driving revenue growth and strategic partnerships will be instrumental as we expand our market presence and continue to deliver exceptional value to our clients. Kennedy brings a wealth of marketing proficiency and innovative thinking that will elevate our brand and enhance our outreach. Together, they will play a crucial role in advancing our mission to provide cutting-edge diagnostic and calibration solutions and superior service.”

About asTech®, Driven by Repairify
asTech® is the leading provider of remote diagnostic solutions and services to the collision industry. asTech® provides cutting‐edge, expert diagnostics using authentic OEM tools to provide safe and accurate repairs. asTech® provides remote diagnostics using its patented devices and access to ASE- and I-CAR-certified technicians who service many trouble codes remotely and provide real‐time assistance to shop technicians at the vehicle when needed. asTech® also offers mobile repair, key replacement, and calibration services. asTech® is based in Plano, Texas. For more information, please visit asTech.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/astech-driven-by-repairify-welcomes-new-chief-revenue-officer-and-senior-vice-president-of-marketing-302261295.html

SOURCE Repairify, Inc.

Continue Reading

Technology

World’s first computer-themed playground to open in Helsinki – children learn about technology through play

Published

on

By

HELSINKI, Sept. 30, 2024 /PRNewswire/ — What is thought to be the world’s first computer-themed playground will be inaugurated on 1 October 2024 in the Ruoholahti district of Helsinki. The playground is designed by children’s author Linda Liukas together with the landscape architecture office Näkymä Oy. In the new playground, children can get to know the world of computers and programming through play, and without digital devices. Helsinki is investing in the wellbeing of children, and the city was recently recognised by UNICEF as a Child Friendly City.

“It’s exciting to design a playground for children, for whom play often means a computer game instead of a sandbox. The new playground offers something new for this generation. In the digital world, children are users, but in the playground, they are creators. I hope that Ruoholahti Playground will become an attractive place for children of many ages, where they can also learn about technology while playing,” says Linda Liukas, the head designer of the playground. Linda Liukas is known for her Hello Ruby story books, which teach coding to children.

The new bespoke playground equipment includes, for example, a computer tower, keyboard stairs and a sandbox in the shape of a game console controller. In the playground, children can create their own TikTok dances or learn to write their name using binary numbers – without phones. Educational material for visiting groups has been created for the playground that combines colouring pictures, tasks, technology games and audio contents. The material can be downloaded free of charge from the playground’s website. The playground’s unique equipment has been made by award-winning Danish playground equipment manufacturer Monstrum.

Designer Linda Liukas is happy for the new playground. Photo: Leena Karppinen, Helsinki Partners

Wishes of users taken into account in the design of the playground

The new playground has been designed in close collaboration with pedagogical experts. Users of the playground in the neighbourhood, local children, and educators were also consulted.

For the playground’s lighting, special attention was paid to the changing seasons, as Helsinki’s playgrounds are heavily used even in the dark winter and rainy autumn. In Finland, playgrounds are used in all weathers and all year round. The green areas in the new playground include a diversity and pollinator-themed educational planting area with information boards.

Computer-theme suites especially well to Ruoholahti, as it is home to many international ICT companies. Photo: Sakari Röyskö, City of Helsinki

Recognised by UNICEF as a Child Friendly City, Helsinki Celebrates 110 Years of Playgrounds

Helsinki is the first Nordic capital to be recognised by UNICEF as a Child Friendly City. The recognition is awarded to cities whose activities and development work promote the implementation of the UN Convention on the Rights of the Child.

“As recently outlined in our new architecture programme, we are committed to recognising the important role of architecture and landscape design in creating good urban life. Fostering child-friendly design is a key part of this work, and the Ruoholahti playground is a great example of what can be done,” says Chief Design Officer Hanna Harris.

The history of playgrounds in Helsinki stretches back 110 years. The decision to locate the new computer-themed playground in Ruoholahti was made because the area is home to many international ICT companies and an old Nokia factory that today functions as a cultural centre. In this way, children get to know the world that surrounds them in a new way.

When selecting the location of future theme playgrounds, the character of the neighbourhood is taken into account along with convenient public transport connections. Helsinki’s playgrounds offer a variety of activities, from family activities in the morning to club activities for school children in the afternoon, as well as free meals offered to everyone under the age of 16 in summertime. Helsinki’s playgrounds are open to everyone, and both locals and visitors, children and adults, are welcome to play there.

More information: 
Leena Karppinen 
Senior Manager, PR & Communications 
Helsinki Partners 
leena.karppinen@helsinkipartners.com 

Linda Liukas

Linda Liukas is an author, illustrator and educator from Helsinki, Finland. With her Hello Ruby children’s picture book series and philosophy, she brings a Nordic playful perspective to the sometimes serious world of computer science. Translated into nearly 40 languages, Hello Ruby books ask: what else is there to technology education than “Learn to code”? If computer code is the Lego block of our time – a tool of creation – how do we teach curiosity, joy, and wonder to our kids? http://lindaliukas.com/

Playgrounds

Helsinki has a city-wide network of around 60 year-round playgrounds that offer a wide range of services to residents of different ages in their local neighbourhoods. Playgrounds that are open to all, free of charge and professionally managed are, to this extent, a uniquely Helsinki phenomenon, the result of 110 years of ambitious development work. Read more: https://www.hel.fi/en/childhood-and-education/playgrounds-and-family-houses

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/helsinki-partners/r/world-s-first-computer-themed-playground-to-open-in-helsinki—children-learn-about-technology-throu,c4044802

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/worlds-first-computer-themed-playground-to-open-in-helsinki–children-learn-about-technology-through-play-302262641.html

Continue Reading

Trending