Hiscox UK Goes Live with Sapiens Insurance Platform on Sapiens Cloud

Core Insights - Hiscox has successfully migrated to the Sapiens Insurance Platform, fully deployed on the Sapiens Cloud, enhancing operational performance and customer satisfaction [1][2] - The migration aligns with Hiscox's long-term business objectives, significantly improving application efficiency and technological agility [2] - The transition to a cloud-native architecture has resulted in a 30% improvement in application speed, leading to enhanced operational productivity [3] Company Overview - Hiscox is a global specialist insurer headquartered in Bermuda, listed on the London Stock Exchange, with a diverse portfolio aimed at profitable growth [6][7] - The company employs over 3,000 people across 13 countries, offering a range of specialist insurance products in commercial and personal lines [7] - Hiscox emphasizes values such as people, courage, ownership, and integrity, which are integral to its business operations [8] Technology and Innovation - The Sapiens Insurance Platform provides Hiscox with a modern API layer, improving integration with various solutions for rating, rules, and document management [4] - The platform is AI-based and integrated, designed to accelerate adoption and deliver sustained value, empowering insurers to modernize and optimize their operations [5][9] - Sapiens' commitment to R&D enables Hiscox to leverage cutting-edge technology for continuous innovation and sustainable growth [5][9]