Sapiens Americas, a subsidiary of Sapiens International (NASDAQ:SPNS), and IBM (NYSE:IBM) have teamed up with Exton, Penn.-based Millbrook to provide a new on-demand business intelligence solution to small and midsize property and casualty (P&C) insurance carriers. Sapiens INSIGHT for Business Intelligence is hosted by IBM and powered by IBM Cognos 8 Business Intelligence, leveraging Millbrook's P&C data model.

The new solution features a rich array of dashboards, key performance indicators, predictive analytics, alerts, visualizations, decision support, and a library of standard and ad-hoc reports. A standard data import interface allows carriers to easily provide their data and be up and running quickly.

"We are excited about the offering and our ability to make it available on-demand, at an affordable cost, to carriers of all sizes," Roni Al-Dor, CEO and president of Sapiens International, said in a statement.