Sapiens Groups Up With GreenRoad Applied sciences to Enhance Driver Security & Customized Driver Insurance coverage Premiums

 Sapiens Worldwide Company, (NASDAQ: SPNS) and (TASE: SPNS), a world supplier of software program options for the insurance coverage trade, just lately introduced it has joined forces with superior and predictive danger evaluation firm, GreenRoad Applied sciences, to enhance driver security and personalize driver insurance coverage premiums.

Sapiens reported that the partnership will allow automotive insurance coverage carriers to safe a brand new degree of danger evaluation information about their drivers on a dynamic foundation, making it doable for them to offer extra aggressive, personalised driver insurance coverage premiums, customer-centric companies, and proactive risk-prevention packages. Talking concerning the partnership, Roni Al-Dor, Sapiens President and CEO, said:

 “By way of our mixed efforts we search to reinforce the companies and merchandise insurers working within the automotive trade are in a position to present, whereas concurrently boosting driver security.”

GreenRoad’s CEO, David Ripstein, then concluded:

“The info collected by our joint providing will help dynamic premiums for drivers, positioning insurers ideally to compete and retain their clients. Furthermore, the convenience of onboarding our platform with Sapiens know-how will go a great distance towards enabling the digital transformation of the automotive insurance coverage subject — a revolution that’s wanted at present greater than ever. We look ahead to working with Sapiens to dramatically improve the insurance coverage sector, saving lives and decreasing bills as we alter driver conduct.”

Sapiens at the moment affords digital software program platforms, options and companies for the property and casualty; life, pension and annuity; reinsurance, monetary and compliance; employees’ compensation; and monetary markets