Imburse, a cloud-based payment middleware, are pleased to announce their strategic partnership with Sapiens International Corporation, a leading global provider of software solutions for the insurance industry to enable Sapiens’ customers to easily connect with any payment provider or technology of their choice, for both collections and pay-outs.
The partnership provides numerous benefits, including complete payment coverage and accessibility for collections and pay-outs in any market, enablement of multi-tenant architecture, and cost reductions in integrating with payment providers and technologies. Sapiens’ customers are now able to benefit from Imburse’s middleware solution through their Sapiens tooling.
“Getting payments right is vital for the customer experience as well as business efficiencies. It is the one capability that creates a significant amount of costs and resource drain for insurers. Sapiens deliver a low-code platform for enabling insurers to digitise and improve their customer experience. At Imburse, we simplify how insurers deploy payment capabilities for collections and payouts. The combined capabilities of Sapiens and Imburse will enable insurers to connect to the global payments ecosystem through one single connection giving customers more choice in how they pay and receive claim payouts.” said Oliver Werneyer, Co-founder and CEO of Imburse.
Sapiens International Corporation empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation.
“With over 40 years’ experience in the software market, Sapiens understands the benefit of staying relevant and evolving to suit the needs of partners and customers,” said Roni Al-Dor, Sapiens president and CEO. “Our extensive knowledge of the insurance industry, as well as our deep relationships with insurers around the globe and ground-breaking insurtech providers, has positioned Sapiens to help drive innovation and benefit our clients.”
Imburse is a cloud-based middleware connecting large enterprises to the payments ecosystem, regardless of their existing IT infrastructure. Through a single connection to Imburse, enterprises can collect or pay-out using a variety of payment technologies and providers around the globe.
In a world where consumers’ payment preferences and technologies are ever-evolving, Imburse works with insurers to future-proof their payment requirements. Regardless of the business area, market, or requirements, Imburse will connect you to your choice of technology and provider. For more information, please visit https://imbursepayments.com/
Beth Molloy – Account Executive, ClearStory International
Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by more than 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers compensation and life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit www.sapiens.com or follow us on LinkedIn.
Chief of Marketing, Sapiens