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Farmers Union Mutual Insurance Company (FUMICO) Selects Sapiens Solutions Over the Cloud for its P&C Transformation Project

Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that Farmers Union Mutual Insurance Company (FUMICO), the largest domiciled property & casualty (P&C) insurance company in Montana, has selected Sapiens CoreSuite for Property & Casualty and Sapiens IntelligencePro for Property & Casualty over the cloud for its digital transformation project.

“Farmers Union Mutual Insurance Company has relied on a 30-year-old policy administration system to cover the scope of our P&C business and service our policyholders, which has made it difficult to launch modern business products and processes,” said Janet Tamcke, project sponsor/manager for the company. “By replacing our core system and adding Sapiens’ advanced analytics solution, we will be able to quickly support new lines of business to meet the ever-changing needs of our customers. FUMICO will also provide a digital and personalized experience to our policyholders and agents via straight-through processing, including self-service capabilities.”

FUMICO will benefit from enhanced rating and rules during underwriting to speed processes, with underwriter interaction that can be configured by business users. Sapiens’ innovative CoreSuite is also expected to reduce FUMICO’s time to market for future product rollouts and overhead costs.

Sapiens International Corporation offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers’ compensation and financial markets. With more than 35 years of experience delivering to over 450 organizations globally, Sapiens has a proven ability to satisfy customers’ core, data and digital requirements. For more information: www.sapiens.com.


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