Buckle Selects Sapiens Digital Financial Solutions for Gateway Insurance Company
Gateway, a licensed carrier across 47-states owned by Buckle, selects Sapiens integrated financial solutions to further streamline and automate insurance processes
In June, Buckle announced the acquisition and recapitalization of Gateway, including its 47-state insurance licenses. Through its digital fronting strategy™, Buckle has expanded insurance coverage to include transportation network companies (TNCs), traditional taxi, limo, and livery businesses using Lyft (https://www.lyft.com/
"The Gateway Insurance Company team is deeply familiar with the wide range of functionality of Sapiens' digital solutions, so this was a natural selection," said Marty Young (https://www.linkedin.com/
Combining Sapiens' 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.
"Sapiens is proud to have been chosen by Buckle for our comprehensive, digital financial solutions," said Roni Al-Dor (https://www.linkedin.com/