The initiative is intended to support shipping operations and international trade amid ongoing tensions with Iran.
Annual revenue increased marginally by 0.5% to $50.5bn, while net premiums written fell by 3.1% to $43.6bn.
According to the company, 11 staff members collected operational information on 379 occasions from seven different agencies.
Sapiens International said its IDITSuite platform will help CZ to streamline and automate processes for both customers and employees.