Sapiens International Corporation is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector. Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software.
Akur8 is revolutionizing insurance pricing with Transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value based price optimization. Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using Transparent AI proprietary technology.
Learn more about Akur8“The software that we’re using allows us to deliver term life insurance in an effective manner for our members. If we can convince our members that this is protection they need for their family, we now have an easy process so they can leave with a policy—they’re covered. It’s jet issue, simplified underwriting that we can do in 5 minutes. Our previous efforts—when it took days or weeks to issue a policy—proved to be ineffective, so we adopted new processes and technology so our members could get insurance coverage quickly.”
Read Sapiens Reviews, Testimonials & Customer References from 28 real Sapiens customers.
Browse Sapiens Case Studies, Customer Success Stories, & Customer References from 22 businesses that use Sapiens.
Watch Sapiens Customer Videos to learn why 17 businesses chose Sapiens.