List of Sapiens FinancialPro Customers
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Since 2010, our global team of researchers has been studying Sapiens FinancialPro customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Sapiens FinancialPro for Insurance ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Sapiens FinancialPro for Insurance ERP include: Co-operative Insurance Companies, a United States based Insurance organisation with 200 employees and revenues of $115.0 million, Rockford Mutual Insurance Company, a United States based Insurance organisation with 100 employees and revenues of $80.0 million, Great Bay Insurance Group, a United States based Insurance organisation with 25 employees and revenues of $30.0 million, Gateway Insurance Company, a United States based Insurance organisation with 25 employees and revenues of $10.0 million and many others.
Contact us if you need a completed and verified list of companies using Sapiens FinancialPro, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Sapiens FinancialPro customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Co-operative Insurance Companies | Insurance | 200 | $115M | United States | Sapiens International | Sapiens FinancialPro | Insurance ERP | 2021 | n/a |
In 2021, Co-operative Insurance Companies implemented Sapiens FinancialPro as its Insurance ERP platform. The initiative upgraded the insurer from Sapiens Financial GO and concurrently deployed ReinsurancePro to support reinsurance administration across its Vermont and New Hampshire operations.
The implementation concentrated on automating accounting, statutory filing and financial reporting capabilities within Sapiens FinancialPro, aligning ledger processes and filing workflows to reduce manual effort. ReinsurancePro was used to centralize reinsurance administration and treaty accounting, replacing spreadsheet based reconciliation for ceded transactions.
Operational scope focused on finance and compliance functions across Vermont and New Hampshire legal entities, centralizing statutory filing processes and reinsurance administration. The deployment established a unified record of financial transactions and reinsurance entries to support consistent statutory submissions.
Governance and process changes included coordinating finance and compliance teams to shift manual spreadsheet tasks into configured application modules and to standardize reporting workflows. The stated outcomes were increased speed and accuracy of reporting and a reduction in manual reinsurance spreadsheet processes following the Sapiens FinancialPro implementation.
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Gateway Insurance Company | Insurance | 25 | $10M | United States | Sapiens International | Sapiens FinancialPro | Insurance ERP | 2020 | n/a |
In 2020 Gateway Insurance Company implemented Sapiens FinancialPro as part of a bundled deployment that included Reinsurance GO and StatementPro, targeting core finance, compliance and reinsurance operations. The deployment was scoped to the companys Insurance ERP needs and explicitly focused on streamlining statutory, GAAP and consolidated financial reporting for a licensed 47 state carrier operating U.S. fronting and carrier businesses.
Sapiens FinancialPro was configured to provide financial core capabilities including general ledger and subledger controls, multi entity consolidation and statutory accounting workflows, while StatementPro was applied for statutory statement production and filing orchestration, and Reinsurance GO was applied for reinsurance accounting and contract-level ceded and assumed processing. The implementation emphasized chart of accounts harmonization, automated journal and allocation routines, and audit trail and close automation typical of Insurance ERP deployments.
Operational coverage centered on finance, regulatory compliance and reinsurance teams across the carriers U.S. operations, with a rollout designed to centralize close processes and standardize statutory reporting across jurisdictions. Governance changes included formalized close and sign off workflows, role based access controls for financial and statutory data, and process-level alignment between accounting and reinsurance functions to support consistent treatments across GAAP and statutory views.
The engagement was intended to modernize finance, compliance and reinsurance processing and to enable faster, more accurate reporting and scalability as the carrier expands, with Sapiens FinancialPro positioned as the core Insurance ERP to support those objectives.
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Great Bay Insurance Group | Insurance | 25 | $30M | United States | Sapiens International | Sapiens FinancialPro | Insurance ERP | 2020 | n/a |
In 2020 Great Bay Insurance Group implemented Sapiens FinancialPro as the core of a cloud-based Insurance ERP initiative to modernize accounting and reporting. The selection included Sapiens ReinsurancePro and Sapiens StatementPro to address reinsurance accounting and statutory statement generation alongside financial management.
The Sapiens FinancialPro deployment concentrated on accounting, statutory reporting and GAAP reporting capabilities, with configuration aligned to general ledger activity, reconciliation workflows and automated close routines commonly found in Insurance ERP implementations. Finance and compliance process automation was an explicit objective, aimed at reducing manual spreadsheet work and improving the speed and accuracy of statutory and GAAP reports.
Operational scope targeted Great Bay s coastal homeowners business in New Jersey and was scoped for finance and compliance teams responsible for statutory filings and financial statements. The three Sapiens applications were planned to operate together in a cloud deployment to streamline reinsurance accounting, financial close and statement production, with a go-live estimated at about one year after selection based on typical ERP project timelines.
Governance emphasis was placed on process transformation within finance and compliance, including configuration controls and reporting governance to support statutory submissions and GAAP compliance. The narrative centers on Sapiens FinancialPro as the Insurance ERP solution driving accounting and reporting standardization across the defined business function.
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Insurance | 100 | $80M | United States | Sapiens International | Sapiens FinancialPro | Insurance ERP | 2024 | n/a |
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Buyer Intent: Companies Evaluating Sapiens FinancialPro
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