EuroLife to deploy Sapiens ALIS for all life, investment and health lines

Verdict Staff

Cyprus-based life insurer EuroLife has selected Sapiens ALIS insurance software for all its life, investment and health business lines.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:

Track the M&A and Capital Raising volumes into their target market
Identify the top sectors in the target market attracting the investments
For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
Assess and showcase the growth potential for various Industries in the target economy

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The platform will support EuroLife’s complete policy lifecycle t oreplace the company’s legacy environment.

EuroLife operations manager Savvas Sideras said: "We selected Sapiens because of the rich business functionality of its software and the professionalism and quality of the personnel.

Henry Ainouze, vice president, regional business and operations at Sapiens, commented: "We look forward to working closely with EuroLife to help them meet their goals of delivering the highest quality customer experience, while continuing to reduce costs and increase efficiencies."

EuroLife is a subsidiary company of the Bank of Cyprus Group and holds a market share of over 27%.

Free Report

How attractive are current investment opportunities in Europe?

Track the M&A and Capital Raising volumes into their target market
Identify the top sectors in the target market attracting the investments
For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
Assess and showcase the growth potential for various Industries in the target economy

Don’t miss out on key market insights that can help optimize your next investment – read the report now.

By GlobalData