Sapiens International Corporation (NASDAQ:SPNS), a prominent provider of software solutions for the insurance industry, today announced a strategic investment in Sapiens CoreSuite for Medical Professional Liability (MPL).
This initiative is aimed at fostering growth and innovation within the MPL sector.
The enhancement of the Sapiens CoreSuite for MPL involves expanding its capabilities across policy administration, finance, claims, and risk management, along with integrating value-added vendor solutions.
This comprehensive update is designed to meet the evolving needs of MPL insurers in a market that is rapidly consolidating.
This strategic expansion is a critical component of Sapiens’ growth strategy. It not only enhances support for existing MPL customers but also extends its reach to new prospects who are seeking to implement global best practices, engage with a vibrant user community, and leverage an extensive partner ecosystem.