Sapiens International recently introduced Sapiens Insight forReinsurance version 3.5. The web-enabled program aims to supportcarriers and reinsurers in managing all their reinsurance needs forproperty and casualty businesses.

“We are providing carriers with a much-needed solution that notonly helps automate all their reinsurance functions, but alsoallows various departments to manage complex reinsurance programsby dynamically altering the behavior of the system,” said MartinGreenberg, Sapiens' vice president and product manager of property& casualty and reinsurance, in a release. “This new version isgoing to provide our customers with many customizationcapabilities, thus enhancing user functionality as per ourcustomers' needs.”

The new functions also handle earned and unearned premiums withmultiple currencies and companies. The latest version also nowsupports retroactive processing capability.