{"id":390561,"date":"2020-12-01T08:18:18","date_gmt":"2020-12-01T13:18:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390561"},"modified":"2020-12-01T08:18:18","modified_gmt":"2020-12-01T13:18:18","slug":"buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/","title":{"rendered":"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Gateway, a licensed carrier across 47-states owned by Buckle, selects Sapiens integrated financial solutions to further streamline and automate insurance processes<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">JERSEY CITY, N.J.<\/span> and <span class=\"xn-location\">RALEIGH, N.C.<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"http:\/\/www.buckleup.com\/\" rel=\"nofollow noopener noreferrer\">Buckle<\/a>, a tech-enabled financial services company, announced its licensed carrier, the Gateway Insurance Company, has selected Sapiens Americas, a wholly owned subsidiary of <a target=\"_blank\" href=\"http:\/\/www.sapiens.com\/\" rel=\"nofollow noopener noreferrer\">Sapiens International Corporation<\/a>, (NASDAQ:\u00a0SNPS)\u00a0(TASE: SPNS), a leading global provider of software solutions for the insurance industry. Gateway has launched a unique digital fronting strategy\u2122 with multiple value-propositions for partners through an a-la-carte insurance program offering with digital capabilities. <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/na\/solutions\/sapiens-reinsurance-go\/\" rel=\"nofollow noopener noreferrer\">Sapiens Reinsurance GO<\/a>, <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/solutions\/sapiens-financialpro\/\" rel=\"nofollow noopener noreferrer\">Sapiens FinancialPro<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/solutions\/sapiens-statementpro\/\" rel=\"nofollow noopener noreferrer\">Sapiens StatementPro<\/a> will enable Gateway to transform its financial, compliance, and reinsurance management.<\/p>\n<p>\u00a0<\/p>\n<div id=\"prni_dvprnejpgd0b9left\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpgd0b9left\" title=\"Sapiens Logo\" border=\"0\" alt=\"Sapiens Logo\" align=\"middle\" src=\"http:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg\" \/>\n      <\/div>\n<p>\u00a0<\/p>\n<p>In June, Buckle announced the <a target=\"_blank\" href=\"https:\/\/www.buckleup.com\/062320gateway-press-release\" rel=\"nofollow noopener noreferrer\">acquisition and recapitalization of Gateway<\/a>, including its 47-state insurance licenses. Through its digital fronting strategy\u2122, Buckle has expanded insurance coverage to include transportation network companies (TNCs), traditional taxi, limo, and livery businesses using <a target=\"_blank\" href=\"https:\/\/www.lyft.com\/\" rel=\"nofollow noopener noreferrer\">Lyft<\/a>, <a target=\"_blank\" href=\"https:\/\/www.uber.com\/\" rel=\"nofollow noopener noreferrer\">Uber<\/a>, and other apps.<\/p>\n<p>&#8220;The Gateway Insurance Company team is deeply familiar with the wide range of functionality of Sapiens&#8217; digital solutions, so this was a natural selection,&#8221; said <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/martinsyoung\/\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Marty Young<\/span><\/a>, Co-founder and CEO of Buckle. &#8220;When Buckle acquired Gateway in June, Sapien&#8217;s flexibility allowed us to onboard Gateway efficiently and quickly. We look forward to our continued relationship to efficiently manage accounting, reporting, and reinsurance contracts, particularly through rapid growth and expansion.&#8221;<\/p>\n<p>Combining Sapiens&#8217; best-in-class financial and reinsurance solutions gave Buckle a one-stop-shop for many of its needs. Sapiens FinancialPro provides the statutory, GAAP, and consolidated financials necessary for Buckle to grow its portfolio of carriers, while Sapiens StatementPro makes NAIC quarterly and annual statements quicker and easier. Sapiens Reinsurance GO solution delivers the accuracy, reliability, and flexibility needed to manage multiple program partners with different reinsurance agreements. <\/p>\n<p>&#8220;Sapiens is proud to have been chosen by Buckle for our comprehensive, digital financial solutions,&#8221; said <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/roni-al-dor-9b42165\/\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Roni Al-Dor<\/span><\/a>, Sapiens President and CEO. &#8220;Sapiens is a natural partner for Buckle because we share a commitment to digital transformation and to exceeding our clients&#8217; expectations. Our industry best practices and knowledge, combined with our advanced digital financial and reinsurance platform, help insurers lower operating expenses with faster, more accurate reporting.&#8221; <\/p>\n<p>Sapiens Reinsurance GO enables insurers to manage their entire range of reinsurance contracts and activities for all lines of business, offering rich accounting functionality and reporting capabilities, lowering operating expenses. For more information, click here: <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/na\/solutions\/sapiens-reinsurance-go\/\" rel=\"nofollow noopener noreferrer\">https:\/\/www.sapiens.com\/na\/solutions\/sapiens-reinsurance-go\/<\/a>.<\/p>\n<p>Sapiens FinancialPro accounting software is designed for insurers to meet their unique requirements for cash, statutory, and GAAP reporting, as well as unique allocation and consolidation needs, reducing the total cost of running financial software. For more information, click here: <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/na\/solutions\/sapiens-financialpro\/\" rel=\"nofollow noopener noreferrer\">https:\/\/www.sapiens.com\/na\/solutions\/sapiens-financialpro\/<\/a>.<\/p>\n<p>Sapiens StatementPro makes the NAIC annual and quarterly statement preparation faster and simpler by offering one-click navigation between statements, pages, and form validations to the pages they reference, offering instant point and click access and expedited set-up and import. For more information, click here: <a target=\"_blank\" href=\"https:\/\/www.sapiens.com\/na\/solutions\/sapiens-statementpro\/\" rel=\"nofollow noopener noreferrer\">https:\/\/www.sapiens.com\/na\/solutions\/sapiens-statementpro\/<\/a>.<\/p>\n<p>\n        <b>About Sapiens<\/b>\n      <\/p>\n<p>Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property &amp; casualty, life, pension &amp; annuity, reinsurance, financial &amp; compliance, workers&#8217; compensation and financial markets. With more than 35 years of experience delivering to over 500 organizations globally, Sapiens has a proven ability to satisfy customers&#8217; core, data and digital requirements. For more information: <a target=\"_blank\" href=\"http:\/\/www.sapiens.com\/\" rel=\"nofollow noopener noreferrer\">www.sapiens.com<\/a>.<\/p>\n<p>\n        <b>About Buckle<\/b>\n      <\/p>\n<p>Buckle\u00a0provides\u00a0a financial services platform that focuses on insurance, credit and advocacy for the gig economy.\u00a0The company is reinventing the insurance model to more efficiently manage risk,\u00a0supporting\u00a0the entire ecosystem of drivers, fleets and transportation network platforms to help everyone achieve economic freedom. Connect with Buckle on <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/GetBuckle\/\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>, <a target=\"_blank\" href=\"https:\/\/twitter.com\/getbuckle\" rel=\"nofollow noopener noreferrer\">Twitter<\/a> and <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/buckledup\/about\/\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>. Visit <a target=\"_blank\" href=\"http:\/\/www.buckleup.com\/\" rel=\"nofollow noopener noreferrer\">www.buckleup.com<\/a>.<\/p>\n<p>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg\" rel=\"nofollow noopener noreferrer\">https:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg<\/a><\/p>\n<p>\n        <b>Media Contact (Buckle)<br \/><\/b><br \/>\n        <span class=\"xn-person\">Tracy Wemett<\/span><br \/>\n        <br \/>BroadPR<br \/>+1-617-868-5031<br \/><a target=\"_blank\" href=\"mailto:tracy@broadpr.com\" rel=\"nofollow noopener noreferrer\">tracy@broadpr.com<\/a><\/p>\n<p>\n        <b>Media Contact (Sapiens)<br \/><\/b><br \/>\n        <span class=\"xn-person\">Alex Zukerman<\/span><br \/>\n        <br \/>CMO and Chief of Strategy, Sapiens<br \/>+972 546 724 910<br \/><a target=\"_blank\" href=\"mailto:alex.zukerman@sapiens.com?subject=Sapiens%20PR\" rel=\"nofollow noopener noreferrer\">alex.zukerman@sapiens.com<\/a><\/p>\n<p>\n        <i>All trademarks recognized.<\/i>\n      <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN07851&amp;sd=2020-12-01\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company-301182560.html\">http:\/\/www.prnewswire.com\/news-releases\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company-301182560.html<\/a><\/p>\n<p>SOURCE  Sapiens International; Buckle<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN07851&amp;Transmission_Id=202012010815PR_NEWS_USPR_____LN07851&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gateway, a licensed carrier across 47-states owned by Buckle, selects Sapiens integrated financial solutions to further streamline and automate insurance processes PR Newswire JERSEY CITY, N.J. and RALEIGH, N.C., Dec. 1, 2020 \/PRNewswire\/ &#8212; Buckle, a tech-enabled financial services company, announced its licensed carrier, the Gateway Insurance Company, has selected Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ:\u00a0SNPS)\u00a0(TASE: SPNS), a leading global provider of software solutions for the insurance industry. Gateway has launched a unique digital fronting strategy\u2122 with multiple value-propositions for partners through an a-la-carte insurance program offering with digital capabilities. Sapiens Reinsurance GO, Sapiens FinancialPro, and Sapiens StatementPro will enable Gateway to transform its financial, compliance, and reinsurance management. \u00a0 \u00a0 In June, Buckle announced &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390561","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Gateway, a licensed carrier across 47-states owned by Buckle, selects Sapiens integrated financial solutions to further streamline and automate insurance processes PR Newswire JERSEY CITY, N.J. and RALEIGH, N.C., Dec. 1, 2020 \/PRNewswire\/ &#8212; Buckle, a tech-enabled financial services company, announced its licensed carrier, the Gateway Insurance Company, has selected Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ:\u00a0SNPS)\u00a0(TASE: SPNS), a leading global provider of software solutions for the insurance industry. Gateway has launched a unique digital fronting strategy\u2122 with multiple value-propositions for partners through an a-la-carte insurance program offering with digital capabilities. Sapiens Reinsurance GO, Sapiens FinancialPro, and Sapiens StatementPro will enable Gateway to transform its financial, compliance, and reinsurance management. \u00a0 \u00a0 In June, Buckle announced &hellip; Continue reading &quot;Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T13:18:18+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company\",\"datePublished\":\"2020-12-01T13:18:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/\"},\"wordCount\":696,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/mma.prnewswire.com\\\/media\\\/585787\\\/Sapiens_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\\\/\",\"name\":\"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company - 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Gateway has launched a unique digital fronting strategy\u2122 with multiple value-propositions for partners through an a-la-carte insurance program offering with digital capabilities. Sapiens Reinsurance GO, Sapiens FinancialPro, and Sapiens StatementPro will enable Gateway to transform its financial, compliance, and reinsurance management. \u00a0 \u00a0 In June, Buckle announced &hellip; Continue reading \"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T13:18:18+00:00","og_image":[{"url":"http:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company","datePublished":"2020-12-01T13:18:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/"},"wordCount":696,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/#primaryimage"},"thumbnailUrl":"http:\/\/mma.prnewswire.com\/media\/585787\/Sapiens_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/buckle-selects-sapiens-digital-financial-solutions-for-gateway-insurance-company\/","name":"Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company - 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