Sapiens
Sapiens is a global leader in intelligent, SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organisations with operational excellence in a rapidly changing marketplace. Our SaaS-based solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with our innovative offerings. Recognised by industry experts and selected for the Microsoft Top 100 Partner programme, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.
Buzzwords vs capabilities: Deciphering insurance cloud solutions
Insurers can benefit from embracing SaaS insurance cloud solutions that streamline operations, enhance agility and provide reliable services. However, understanding the technical landscape can be challenging.
Bridging the insurance talent gap with AI
Today’s insurance industry is thriving with innovative technologies and next-generation products. But a shrinking headcount due to retiring baby boomers and a shortage of younger workers could jeopardise a bright future.
AI transformation: Unveiling its generative power with Microsoft and OpenAI
Insurtech has been revolutionised by advancements in AI technology, especially, Gen AI, which continues to transform underwriting, customer service and fraud detection.
AI and insurance: Hype or reality?
AI’s central place in the future of insurance is secure. After much hype, when can insurers start reaping the benefits and how can they prepare for the future?
Transforming insurance: Strategic budgeting for a digital-first future
The insurance industry is at a pivotal moment where digital transformation is no longer a choice but a necessity. So, how do you decide what to prioritise in next year’s budget to accelerate your journey into a data-driven P&C insurance organisation?
Running up that hill: How to win the 2030 insurance technology challenge
The pace of change, driven by data, innovation and customer expectations is making it ever harder for insurers to identify the right technologies and innovation strategies that will future proof their businesses.
Case study: Centralising reinsurance programs for greater efficiency, simplicity & ownership
Sapiens ReinsurancePro automates the underwriting and administration of reinsurance, including treaty and facultative, ceded, assumed, and retroceded reinsurance.
Should business plans include a risk plan?
If the last two years taught us anything, it should be: prepare for the unexpected no less than the expected. This blog highlights the value of business risk plans and how insurers/reinsurers can help corporations to measure and rate specific risks.
Note to insurers: 'The factory is the product'
There’s a phrase Elon Musk has repeated many times; “the factory is the product”.
Five things the insurance industry can learn from the digital banking revolution
The insurance industry does not need to reinvent the wheel, technology-wise, and can utilise and leverage what the banking industry has spent years researching and developing.
Business case for reinsurance administration automation
A recent survey found that insurers initially thought they were successfully managing their reinsurance programs, only to discover that, at best, they could not provide accurate snapshots and projections.
Moving to the cloud is reshaping the insurance industry
With many employees working from home and digital business on the rise, insurers need a solution for managing, data, core systems and organisational needs. This whitepaper discusses the benefits of cloud computing for insurance companies.
Case study: Underwriting modernisation for business agility
A Fortune 100 multi-line insurance carrier needed to simplify its legacy infrastructure and enable the reuse of business logic across the organisation.
Three paths to modern P&C insurance core systems
The rapidly growing wave of insurtechs have given insurers a glimpse of what cutting-edge technologies can offer.
Three paths for core system modernisation
As insurance consumer expectations continue to drive digital from a ‘nice to have’ to an operational requirement, the hurdles from outdated systems and software are becoming business barriers.
Does 'automated underwriting' hold the key to life insurance success?
Two drivers for life insurers to implement digital are to improve customer satisfaction to meet customers’ digital expectations and reduce the time it takes to underwrite business.
The importance of consistency for insurers in an ever-evolving world
With change being the only constant in life, a key goal of every reinsurance solution is to provide consistency for insurers and reinsurers, as well as their clients. This blog highlights why consistency is the core of technology.
Omni-experience vs omni-channel in insurance
Omni-experience is about creating flexibility for customers, employees and the various technologies and tools you deploy for people to navigate them fluidly, as their situation and preferences dictate.
Video: Leveraging digital trends in insurance - Part two
How can insurers leverage digital trends?
Video: Leveraging digital trends in insurance - Part one
How can insurers leverage digital?
Blog: Artificial intelligence & machine learning in insurance
As the insurance industry continues to realise the value of AI, new applications for the technology will be employed for continual enhancement of the customer experience.
Video: What is digital in the insurance industry?
This short video highlights how digitalisation within insurance has evolved beyond process automation and how digital technologies today can help insurers to enhance the customer experience.
The ten commandments of P&C core solutions
Property and casualty insurers need a PAS core system that can meet customer expectations while at the same time, conforming to changing regulations. Where do you start?
Blog: Leveraging digital trends in insurance – Part two
Sapiens brought together its digital experts to discuss a variety of hot topics in the insurance industry. Part two of this blog series provides advice to insurance companies who are starting their digitalisation journey.