Texas Farm Bureau Insurance Companies, which offers auto, home, farm and ranch, life, and health insurance, has decided to implement Sapiens’ insurance technology to all its personal property and casualty lines of business.
The insurer will transfer all personal lines of business from its legacy systems to a Sapiens software platform, which will allow it to carry out insurance business with ease, supported by a customer-centric rules-based management system.
Texas Farm Bureau Insurance Companies executive vice president Mike Gerik said that the company is already benefiting from a successful Farm and Ranch property project with Sapiens.
"The Farm and Ranch property system has been statewide for a couple years, and the casualty (auto) system is now scheduled to be statewide soon. Additional property lines are also scheduled to be deployed in the coming months," Gerik added.
Sapiens International provides software technologies to the general insurance, property & casualty, life, pension and annuities markets, and business decision management software, worldwide.
Headquartered in Waco, Texas, Texas Farm Bureau Insurance Companies has more than 750 multi-line agents, over 300 claims personnel and operates 250 offices statewide serving more than 300,000 customers and their families.