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Sapiens Unveils Life Insurance Transformation Suite

Staff Writer | April 24, 2017

Sapiens International announces it has unveiled its full Life Insurance Transformation Suite, which is now available for life and annuity providers. The pre-integrated and modular suite consists of:

  • Digital and data analytics offerings including customer and agent portals, advanced analytics and customer engagement solutions
  • Sales and new business platform consisting of eApp, illustration, underwriting and needs analysis
  • Sapiens ALIS core policy administration solution, which supports individual and group business, including employee benefits in a single system

 

All offerings can be deployed on premise or via a cloud-SaaS model with the option of a fully managed services model from Sapiens, designed to help insurers lower costs, benefit from a single focal point of responsibility and focus on their core business.

The new Sapiens Life Insurance Transformation Suite is a result of Sapiens strategic initiatives, including an increased investment in the company’s digital vision and enhancing group support in Sapiens ALIS, as well as the recent acquisition of StoneRiver, a well-established and proven vendor that delivers a wide range of solutions and services to its 200 North American insurance customers.

“By seamlessly integrating the Sapiens Digital Suite, Sapiens New Business Platform and the Sapiens ALIS core policy administration system, Sapiens can enable life and annuity providers in North America and around the world to fully digitalize their business, increase automation and agility, and transform into data-driven organizations,” says Alex Zukerman, vice president of product marketing and strategy for Sapiens’ life and retirement division. “Sapiens has combined best-of-breed and pre-integrated approaches, so our customers benefit from the best technology seamlessly functioning together and supporting every aspect of their life and annuity business.” 

“Sapiens is pleased to present the North American life and annuity market with an offering that is unique in both its breadth and depth,” says Roni Al-Dor, Sapiens’ president and CEO. “The introduction of the Sapiens Life Insurance Transformation Suite is just the latest in our ongoing efforts to continue to strengthen our North American leadership position and best support our customers in the region.” 


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