Customer Story

Support growth and improve customer services with IDIT

Interamerican, a member of the Pan-European The Challenge group B.V., is the first Bulgarian Interamerican was looking for a new web-based insurance company, founded with foreign capital. solution to renovate the company’s general insurance Interamerican offers a wide range of attractive insurance system. The selection process was geared around solutions such as Fire and Natural Disasters, Property packaged software solutions, built on modern Damage, Casco, Mandatory liability, Accident (group Service Oriented Architecture (SOA), which enable and individual), Cargo, Travel (EUROCROSS), General fast deployment of insurance products, customer- liability and Employer liability, Agricultural insurance, centric management system, and data migration from the legacy system. Construction, and Electronic equipment. Ruud Gruson, Program Manager at Eureko B.V.: “The most important success factor of IDIT is the “Several software solution providers competed comprehensiveness of the solution. We enjoy rich for this project, but we decided to award the functionality, backed by a state-of-the-art web-enabled project to IDIT because of their wide-ranging SOA platform, which enables us an easy opening up of experience in the insurance sector across Europe, any distribution channel for selling our insurance products.” their responsiveness and understanding of our Ruud Gruson, needs, and the ability of IDIT Software Suite to Program Manager at Eureko B.V. support our pan-European strategy.”

The Solution The new software platform encompasses the implementation of Motor, Home-Property, Eureko B.V. is a privately-owned group whose Commercial-Property, Travel, Cargo and other third core business is insurance. The company is registered in The party liabilities such as employees, doctors, hotels, . With operations in eleven countries, the Eureko etc., with IDIT software. The new web-based Policy Group has more than 20.000 employees and offers a full range Administration solution, which is built on modern of insurance products – Life and Non-Life and products, Service Oriented Architecture (SOA), enables fast health insurance and services, asset management and banking. deployment of insurance products, backed by a The Group’s direction is firmly focused on building a European customer-centric management system. financial services group based on its core business of insurance, which can provide a competitive proposition to its stakeholders. The Result Following the merger (in 2005) between its Dutch operation, , Kosta Cholakov, CEO at Interamerican Bulgaria: and , the insurance subsidiary of , Eureko is well-positioned to leverage its leading position in its home market “IDIT demonstrated a keen understanding of our of the Netherlands to seek further growth in selected markets, with business needs during this project. We are confident partners who have complementary positions, or through selective that IDIT software is an excellent solution to support acquisitions or start-up companies. our growth and improve our customer services.”

About Sapiens Sapiens International Corporation (NASDAQ and TASE: SPNS), is a global provider of innovative software solutions for the financial services industry, with a focus on insurance. We offer core, end-to-end solutions for the general insurance, property, casualty, life, pension and retirement markets. We have a track record of more than 30 years in delivering superior software solutions to more than 100 financial services organizations, including www.sapiens.com insurance, retirement, and mortgage providers. Our team of more than 700 insurance and technology experts operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. eMail: [email protected]