Software solutions provider SAPIENS opens new local support center in Istanbul, Turkey

SAPIENS International Corporation, a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced on January 5, 2017 the opening of a new center in Istanbul, Turkey to support its growing business and strategic customers in the region, including Anadolu Insurance Company (Anadolu).

"In meeting with customers and potential clients across Turkey and the region, we are seeing increased demand for core insurance solutions that will enable insurers to succeed in this competitive market," said Henry Ainouze, vice president of sales and operations, SAPIENS EMEA. "SAPIENS' deep knowledge of the Turkish market, combined with our best-in-class life and pension and general insurance software suites, enable insurers to provide advanced digital services to their customers and employees."

This latest announcement follows SAPIENS' multi-million dollar agreement with Anadolu, a private insurer operating in Turkey and a long-time SAPIENS customer, and the establishment of SAPIENS' new head office in Copenhagen, Denmark. The new center in Istanbul supports SAPIENS' goal of establishing a local office to support existing customers in areas with growth potential.

"SAPIENS remains dedicated to pursuing opportunities which enable us to get closer to our customers around the globe, allowing us to provide enhanced service and support," said Roni Al-Dor, president and CEO of SAPIENS. "We look forward to expanding our relationships with existing customers and establishing relationships with new ones."

About SAPIENS


SAPIENS International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector. SAPIENS offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software. The company has a track record of over 30 years in delivering superior software solutions to more than 200 financial services organizations. The SAPIENS team of over 1,900 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: www.sapiens.com.

Related articles

Turkish insurer ANADOLU Sigorta detects fraud with FRISS solution

Turkish insurer ANADOLU Sigorta, one of the largest providers of non-life insurance services in Turkey, with over 1 billion Euro in GWP in 2016, has announced that is live with FRISS solution Fraud Detection at Claims. The company turned to FRISS because the insurer is aware of the threat from fraudsters.

2017-03-02

STATISTICS: The Turkish market exceeded TRY 40 billion in GWP last year

Total GWP in the Turkish insurance market exceeded TRY 40 billion (about EUR 11 billion) last year, an increase of more than 30% compared to the previous year, according to preliminary data from the Insurance Association of Turkey - TSB. The TSB figures also show that Turkey's insurance sector grew by 20.2% in real terms last year when the annual inflation rate was 8.5%.

2017-02-23

TURKEY: Marius POPESCU appointed as NN Hayat ve Emeklilik CEO as of 1 April 2017

NN Group announced that Marius POPESCU (currently CEO of NN Romania) will be appointed CEO of NN Hayat ve Emeklilik Turkey, effective 1 April. He succeeds Frank EIJSINK which was named CEO of NN Life Japan. NN Group pointed out that Marius POPESCU's successor will be announced in due course: "On an interim basis, Mihai MUNTEAN, Chief Sales Officer, will assume responsibility as CEO NN Life Insurance Romania". 

2017-02-16

TOP EVENT