Encova Insurance Transforms its Workers' Compensation Offering with Sapiens Solutions

                               

Raleigh, NC (WorkersCompensation.com) - Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that Encova Insurance has upgraded its Sapiens CoreSuite for Workers' Compensation platform, to continue to leverage the solution's future-proof architecture while capturing its newest features and functions.

Encova is represented by more than 2,000 independent agencies with staff who live and work in local communities throughout 28 states and the District of Columbia. The upgrade protects their IT environment against near- and long-term obsoletion by enabling Encova to accommodate emerging and evolving technologies on an ongoing basis.

Improvements and advancements to the Sapiens CoreSuite for Workers' Compensation platform ensure Encova's architectural stack stays open, current and flexible, in compliance with industry and security standards. The open architecture facilitates communication and transfer of data within Encova's core applications, which significantly increases automation capabilities, allows for faster adoption of digital technologies and improves the user experience for everyone involved in the workers' compensation claims process.

"The upgrade to our core workers' compensation solutions empowers us to create and maintain custom validation and event-triggering rules in a simplified, graphical manner, which means we can quickly accommodate business and regulatory changes without the need for coding," said Casey Jordan, vice president of application development for Encova. "We have partnered with Sapiens for more than a decade, and we continue to leverage the specific expertise they bring to every project."

Encova initially deployed Sapiens CoreSuite for Workers' Compensation in 2009 for its robust, out-of-the-box capabilities and functionality specific to the workers' compensation line of business. This is especially critical for Encova, that writes business in multiple states, each with its own set of regulatory requirements. Sapiens' open-architecture design enables Encova to roll out new states quickly through no-code configuration, empowering faster and easier upgrades and a significant reduction in time and cost.

Jamie Yoder, Sapiens North America President & General Manager, explains how Sapiens and Encova work together to drive successful results for both companies. "Encova and Sapiens have a strong partnership dating back many years," Yoder said. "Our teams work as one and continue to drive innovation for Encova's workers' compensation insurance offering. Sapiens CoreSuite for Workers' Compensation forms a flexible and agile platform upon which Encova's business team continues to drive excellence by way of supporting their constituents."

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