Sapiens CoreSuite for Life, Pension & Annuities Recognized in Gartner’s Critical Capabilities for Life Insurance Policy Administration Systems, Europe
HOLON,
Sapiens' platform received the highest rating for five of seven use cases evaluated, including Product Configuration; Straight-Through Processing of Applications; Contract Changes and Claims Support; Group Business Support; and Digital Business Support.
"As the COVID-19 pandemic has vividly illustrated, robust digital capabilities are critical to insurers' resilience and competitive positioning," said
Sapiens CoreSuite for Life and Pensions supports multiple lines of business for both individual and group life, annuities, investments and medical products ‒ in a single, end-to-end system. It offers a 360-degree view of the customer from the policy administration system, across all distribution channels and communication streams. CoreSuite helps insurers accelerate time to market with streamlined and simplified business processes, and open architecture. The suite now offers one-click, cloud-native architecture for quick and easy provisioning, security and scale.
The platform is part of Sapiens' suite of end-to-end software solutions for insurers, brokers and MGAs of the property & casualty; life, pension & annuities; reinsurance; workers' compensation; financial & compliance and business decision management software.
*Gartner "Critical Capabilities for Life Insurance Policy Administration Systems,
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Click here to view a complimentary copy of the Critical Capabilities for Life Insurance Policy Administration Systems,
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