P&I Insurer Gard AS Chooses AdvantageGo

Marine insurer Gard AS has deployed Exact by AdvantageGo, to help streamline and automate exposure management processes across its business.

Gard AS, the largest P&I Club and the second largest marine insurer in the world, is using AdvantageGo’s Exact, to help manage its windstorm exposures across the globe, allowing it to extract relevant data and automate accumulation reports at the push of a button.

Cathrine Hopstock, Vice President and Head of Technology and Business Transformation, Gard AS, said: “Exact allows us to streamline and automate exposure management processes across our business, modernise existing IT infrastructure, and monitor ongoing growth against targets.”

“Our solutions provide IT agility so that (re)insurers can develop new business models and thrive in the rapidly evolving insurance marketplace.” said Adrian Morgan, Executive Vice-President and Head of AdvantageGo “We are delighted that Gard has chosen us as their partner. Exact will enable Gard AS to expand into new lines of business across the globe.”

About Gard

Gard is a shipowner-controlled provider of P&I, marine and energy insurance products, with over 470 staff in 13 offices around the world. The direct insurance entities within the Gard group; Gard P. & I. (Bermuda) Ltd., Assuranceforeningen Gard -gjensidig, Gard Marine & Energy Limited and Gard Marine & Energy Insurance (Europe) AS are rated ‘A+’ by Standard & Poor’s.

About AdvantageGo

AdvantageGo is the innovative commercial insurance and reinsurance product family from Sapiens. It harnesses the power of proven, functionally-rich core solutions and augments it with the energy and culture of being an InsurTech leader. AdvantageGo enables insurers and reinsurers around the world to fuse the traditional with digital, helping them to rapidly adapt, drive change and succeed with agile software and Microservices.

AdvantageGo – revolutionizing insurance software.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organisations with operational excellence in a rapidly changing marketplace. Our SaaS-based solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a long-time global presence, serving over 600 customers in more than 30 countries with our innovative offerings. Recognised by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.    

For more information, please visit  https://sapiens.com