Sapiens Worldwide Company, a number one international supplier of software program options for the insurance coverage business, as we speak launched its AI-powered, open, built-in, cloud-native platform. Sapiens Insurance coverage Platform leverages digital engagement, information intelligence, core enterprise processing options, and ML and GenAI capabilities to assist insurers seamlessly innovate their choices and processes, enabling them to remain aggressive in a dynamic market with good, data-driven enterprise choices and hyper automation of enterprise course of. The combination of AI throughout the platform was accelerated by Sapiens’ current integration with Microsoft, providing insurers superior GenAI capabilities, in addition to tailor-made and distinctive options to speed up development and effectivity.
Sapiens Insurance coverage Platform speeds development by supporting end-to-end insurance coverage processes throughout all strains of enterprise, underscored by Sapiens’ international experience and native presence across the globe. Furthermore, the pace to market Sapiens’ clients acquire through the pre-integrated, packaged enterprise options ensures speedy deployment and implementation. This enables insurers to swiftly adapt to market modifications and supply modern services and products extra effectively.
“Sapiens’ subsequent technology enhanced platform empowers our clients to leverage AI throughout their enterprise processes, enabling them to remain forward, drive development, and exceed buyer expectations. By adopting the platform method, streamlining our processes and leveraging shared foundations and know-how engines, we ship even higher worth to our clients, extra shortly than ever earlier than,” stated Roni Al-Dor, Sapiens President & CEO. “Sapiens integration with Microsoft Azure OpenAI accelerates the usage of AI providers throughout Sapiens Insurance coverage Platform.”
“As we speak’s insurers are targeted on develop their books of enterprise effectively whereas making optimum choices on underwriting, claims and customer support,” stated Karlyn Carnahan, head of Celent’s North American insurance coverage follow. “They’re in search of platforms with fashionable know-how to streamline their operations and enhance their total effectivity. They’re additionally targeted on open APIs for simple integration to broad ecosystems, simple configuration instruments to tailor performance to their particular wants, and above all, entry to information. Options that supply these varieties of recent capabilities are gaining essentially the most momentum with insurers.”
Sapiens Insurance coverage Platform gives insurers with a strong ecosystem to streamline operations and improve buyer experiences. Sapiens selected Microsoft Azure as their cloud supplier attributable to its enterprise focus, completely suited to the wants of huge insurers.
“Our collaboration with Sapiens highlights Microsoft’s dedication to empowering the insurance coverage business with transformative AI options. This collaboration not solely showcases the potential of Microsoft Azure and our AI applied sciences but in addition units a brand new customary for innovation throughout the insurance coverage business,” stated Patrice Amann, regional chief, monetary providers at Microsoft.
