Overview
Sapiens offers a cloud-based P&C general insurance solution that is GDPR-compliant and ideal for large and medium-sized non-life general insurance and property and casualty companies. The platform’s compliance management feature flags users if a signature or documentation is missing. It incorporates agent and customer portals that allow you to access information about business processes utilizing your mobile device. Customers can use the portal to submit support requests.
Sapiens’ differential rating function permits you to compute ratings of a fund or investment based on different criteria. The software also includes proposal creation and comparative quoting. It allows you to list policy elements in a shopping cart. The application offers support for multiple languages and currencies.
Benefits
Property & Casualty
In today’s fast-paced digital world, customers, insurance carriers, and agents want accurate and real-time data through personalized dashboards across all devices and channels. Swift search feature and support for popular sales channels like social and mobile are vital. But legacy systems weren’t built to handle these complex challenges. The need of the hour therefore is a system that meets these requirements and supports international operations with multi-branding, multi-currency, and multi-lingual capabilities to help companies gain a competitive advantage.
Complete Platform
The Sapiens CoreSuite for Property & Casualty can be use for claims, billing, and policy for all P&C insurance lines. It is a comprehensive reinsurance tool that enables insurers to resourcefully handle the whole range of reinsurance activities and contracts for all business lines.
Business Intelligence
The platform includes an affordable and complete business intelligence module, with more than 100 pre-configured reports, ad-hoc reporting, scorecards, dashboards, hundreds of analytics, and agent and customer portals.
Sapiens DigitalSuite
Sapiens’ system also includes the cloud-based Sapiens DigitalSuite for P&C, which presents a seamless, holistic, and end-to-end digital experience for customers, agents, third-party service providers, customer groups, and brokers.
The suite consists of the Sapiens DigitalHub for P&C (Digital Studio and API Layer) that facilitates connectivity and openness with partners; and Sapiens AgentConnect for P&C (previously Sapiens PORTAL) and Sapiens CustomerConnect for P&C (previously Sapiens PORTAL) portal applications, designed specifically for the P&C and added insurance markets; Another module is Sapiens PartnerHub, which makes third-party insuretech solutions and technology available to insurers and their consumers.
Product Features
- Property & Casualty
- Life, pension & annuities
- Workers' compensation
- Financial & compliance
- Decision management
- Data & digital
Pricing
Sapiens pricing information is not publicly available. Contact the vendor directly to get accurate pricing details of their products.