Already successfully in production at Wesleyan Assurance Society in the UK, the Closed Books
offering from Sapiens is now generally available across Europe.
The outsourcing decision has other long-range implications, as well, since future acquisitions may result in similar closed books
Bookmakers had closed books
on the event after reigning champion Pip Jones established a big early lead.
ERAC primarily reinsures closed books
of mortality and long-term care.
Sapiens leverages "Old Co-New Co" implementation approach to enable an efficient Wesleyan operating environment for both closed books
and new business
Swiss Re said it was interested in acquiring some of Resolution's closed books
, but stressed it had yet to strike a firm deal with Standard.
A ministry official said overall tax revenue collection is proceeding at the projected pace, but a final assessment must wait until companies that closed books
in March pay their corporate taxes in May.
The demerged company, called Chesnara, would continue to sell guaranteed income bonds and provide services to existing policyholders and would probably seek to acquire or manage other closed books
of insurance business.
With this you'll be able read closed books
without touching them, scan documents without leaving fingerprints, and check enemy agents for hidden weapons under their clothing.
of business that is, a block of policies that are still in force but no longer being actively sold are often the logical starting point for insurers considering outsourcing.
HOLON, Israel, April 8, 2014 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that Wesleyan Assurance Society (Wesleyan), a Birmingham-based mutual offering specialist financial advice and solutions to niche professional customer groups, has selected the Sapiens Closed Books
platform to administer its Closed Books
NASDAQ and TASE: SPNS) a member of Formula Group (NASDAQ: FORTY and TASE: FORT), and a provider of insurance software solutions, today announced that Liverpool Victoria Friendly Society (LV=), renewed its contract with Sapiens valued at $7M over a period of five years, to provide support services for the Sapiens INSIGHT for Closed Books