Empowering Insurers with Sapiens CoreSuite - A Comprehensive Digital Insurance Solution

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Empowering Insurers with Sapiens CoreSuite - A Comprehensive Digital Insurance Solution

EMPOWER: Capitalize on Your Previous Investments

Sapiens CoreSuite empowers insurers to maximize the value of their existing systems, assets, and partnerships to accelerate the introduction of new products and reduce the costs related to digital operations. Through persona-based portals, insurers can swiftly launch dynamic platforms for customers, agents, brokers, and other stakeholders, enhancing self-service functionalities and improving overall user experience.

BOOST: Invest Once and Enjoy Ongoing Optimization

With Sapiens CoreSuite, insurers can seamlessly integrate legacy, core, and third-party systems through their API Conductor (ACE), ensuring continuous optimization of digital platforms and tools. This approach offers full flexibility, allowing insurers to add or remove solutions and system components according to their evolving business requirements. Additionally, the reusability of Smart Components and digital assets enables expansion of business offerings while reducing costs. Moreover, the self-management capabilities empower business users to configure and personalize offerings using intuitive low-code/no-code tools.

EMBRACE: Reap the Rewards and Expand

Sapiens CoreSuite facilitates insurers in driving sustainable growth by embedding innovation and industry best practices within their operations. Leveraging technology best practices, data-driven business processes, AI and ML models, and SaaS solutions, insurers can benefit from deep insurance expertise and business logic engines. Furthermore, the platform supports ongoing innovation by allowing seamless integration of advanced third-party services, fostering continuous disruption of industry norms through modular, flexible, component-based solutions. With access to a global pool of innovators, Sapiens CoreSuite ensures insurers are always up to date with periodic upgrades and additional content and functionality.

Digital Strategy Development and Support

Apart from its core functionalities, Sapiens offers consultative packages through its Digital Insurance Practice to assist insurers in developing bespoke digital strategies tailored to their specific business needs and objectives. This includes design-led workshops focused on customer-centric solutions, digital and e-commerce audits to enhance customer experience, brand strategy workshops for improved recognition, and customer engagement and prototyping to identify and address customer issues effectively.

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Empowering Insurance Solutions with Sapiens CoreSuite Integration and Openness

Seamless Integration and Openness

Sapiens CoreSuite API Composition Engine (ACE) provides a configurable integration layer, allowing platform solutions to seamlessly integrate with customers' ecosystems and third-party systems. This capability includes bi-directional batch and online data exchange, standard APIs for accessing business functions and information, data orchestration and transformation through various protocols like REST and SOAP, and support for different authentication methods such as Kerberos. Additionally, ACE offers a user-friendly visual tool that expedites the configuration of endpoints, ensuring efficient integration processes. Moreover, the platform publishes messages in response to key business events related to policies and claims, enhancing operational visibility and control.

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Maximizing Efficiency and Control with Sapiens CoreSuite ClaimsPro for Property & Casualty Insurers

Unlocking Automation and AI-driven Solutions

Sapiens CoreSuite ClaimsPro offers Property & Casualty insurers a robust solution to unlock powerful, auditable, configurable, and AI-driven automation across all lines of business. With features like intelligent workflow, efficient claim assignment, and automated workload balancing, insurers can streamline their claims operations and enhance efficiency.

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Empowering Property & Casualty Insurance with Sapiens CoreSuite

Innovate with Low-Code Simplicity

Sapiens CoreSuite offers a low-code software solution that empowers insurance companies to innovate quickly, design, adapt, and launch new insurance products, while significantly reducing time and costs without the need for extensive development or IT involvement. This allows all business users to actively participate in product innovation, ultimately reducing time to market by an impressive 75%. With the ability to rapidly develop and adapt insurance products, Sapiens CoreSuite ensures flexibility and adaptability in the ever-changing insurance landscape.

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Empowering Decision-Making with Sapiens CoreSuite Decision Automation Software

Enhancing Operating Efficiencies and Speed-to-Market

Sapiens CoreSuite Decision Automation Software offers intuitive no-code tools that enable businesses to efficiently manage same-day rule changes. By leveraging these tools, organizations can enhance their operating efficiencies, accelerate speed-to-market, and increase their overall capacity. This solution empowers businesses to adapt quickly to changing regulatory requirements or market conditions, ensuring that they remain agile and competitive in their industry.

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Empowering Insurers with Sapiens CoreSuite for Life and Pension Insurance - Comprehensive Solution Overview

Comprehensive Solution for Life & Pension Insurers

Sapiens CoreSuite for Life & Pensions offers a comprehensive and end-to-end policy administration system solution specifically designed for insurers operating in the life, health, wealth, and retirement sectors. This robust solution is tailored to address the unique challenges and requirements of individual and group policy products across multiple lines of business. With a focus on scalability, flexibility, and cutting-edge functionality, Sapiens CoreSuite empowers insurers to streamline operations, enhance customer experience, and drive business growth.

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