Sapiens Insurance Platform
A future-proof, AI-based, open, modular, and integrated insurance platform, that accelerates adoption, delivers sustained value, and empowers insurers to stay ahead. Sapiens Insurance Platform allows insurers to grow with a comprehensive but modular offering supporting end-to-end insurance processes across all lines of business. Using AI-powered automation, Sapiens’ platform enables smart, data-driven business decisions and increased operational efficiency. The platform is purpose-built to help insurers evolve in the fast-paced world of digital insurance technology. Dynamic, persona-based portals empower vendors, agents, brokers, employers, and administrators to provide premium user experiences across all digital channels. Robust data analytics suite that leverages AI and ML and empowers insurers to gain a holistic view of their business, operationalize insights, and make data-driven decisions.
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Sapiens P&C
The Sapiens Platform for Property & Casualty is end-to-end, cloud-based, or on-premise set of software offerings with advanced digital capabilities. It can be implemented as a pre-integrated platform, or as standalone systems. The diverse solutions address all P&C carrier needs, across all lines of business and distribution channels, offering a wealth of digital features. Sapiens CoreSuite for Property & Casualty is comprised of the Sapiens PolicyPro for Property & Casualty, which manages the full policy administration lifecycle from initial quote, through rating and policy issuance; Sapiens BillingPro for Property & Casualty, which ensures that premiums are collected, claims payments are made, and agent commission payments and receipts are managed accurately; and Sapiens ClaimsPro for Property & Casualty, which controls claims management handling and the settlement process. It also includes a reinsurance solution.
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Sapiens DataSuite
Sapiens DataSuite is a comprehensive data and analytics platform tailored for the insurance industry, designed to transform raw data into actionable insights. It unifies data from diverse sources, providing real-time insights that enhance decision-making and operational efficiency. The platform offers a library of 70 pre-designed reports and 10 dashboards, allowing users to customize analytics to their specific needs. By leveraging advanced analytics, machine learning, and AI-driven solutions, DataSuite enriches the entire insurance value chain, embedding AI/ML into both back-office and front-office processes. It also integrates data from third-party service providers through Sapiens' partner ecosystem, augmenting business journeys and decision-making. DataSuite's high-throughput datastore unifies detailed data across all insurance business lines, streamlining efficiency with a holistic data approach.
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Sapiens Decision
Sapiens Decision for Consumer & Commercial Banking (formerly called Sapiens DECISION) addresses the cost of change. It enables banks to efficiently adapt their operations to the demands of digital transformation, changing regulations, customer demands and increasing competition, using model-driven development (MDD). With the MDD approach, Sapiens Decision for Consumer & Commercial Banking enables business people to define business logic in easily understood models. Business can test the logic before it is deployed. Once code is auto-generated in the required language, such as Java, it may be directly deployed into production environments. With Sapiens Decision for Consumer & Commercial Banking, the bank’s business domain is actively involved in the design, implementation, analysis, testing and optimization of decisions. The process takes days or weeks, instead of months or years. It enforces business logic across all enterprise applications.
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