Sapiens (SPNS) announced that Unilife, a life and health insurer in Cyprus, has entered into a conditional agreement with Sapiens CoreSuite for Life & Pensions with the scope and intent to modernise its core insurance processes and support its strategic growth initiatives. The intended collaboration between Universal Life and Sapiens seeks to replace Universal Life legacy systems with a modern, scalable solution to enhance operational efficiency and accelerate product innovation. By leveraging the end-to-end capabilities of Sapiens CoreSuite, Universal Life aims to streamline policy administration, claims processing, and billing operations to optimise customer satisfaction and loyalty.
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