Sapiens for Property & Casualty logo

Sapiens for Property & Casualty

by Sapiens International Corporation
No reviews yet
ActiveAvailable globallyCloudOn-premise
Quick facts
VendorSapiens International Corporation
Year launchedN/A
StatusActive
LocationSpace House, 1 Kemble Street, London WC2B 4AN
Countries servedGlobal
Languages3
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Sapiens for Property & Casualty

An AI-powered, modular insurance platform for Property & Casualty (P&C) carriers. It supports end-to-end insurance processes, including policy administration, claims, and billing, for all lines of business.

Sapiens for Property & Casualty is an AI-powered, end-to-end insurance platform designed for P&C carriers. It offers a comprehensive, modular suite of solutions covering core processes like policy administration, claims management, and billing. The platform emphasizes agility and efficiency through low-code/no-code configuration tools, AI-driven automation, and data analytics. It is cloud-enabled, offering deployment via SaaS to enhance security and scalability. The system aims to improve customer experience with personalized user interfaces and flexible payment options. Sapiens for P&C is built to support all lines of business, including commercial and specialty insurance, helping insurers modernize operations and accelerate time-to-market. Pricing is not publicly available and requires direct contact with Sapiens. Support is offered through a contact form and regional phone numbers.

Pros & Cons

Pros
  • Business users can adjust rating rules and launch new insurance products up to 75% faster.
  • Multi-currency, multi-language, and multi-jurisdiction frameworks make international rollouts smooth.
  • Native AI handles straight-through processing, fraud detection, and risk scoring out of the box.
  • Covers policy, billing, claims, digital portals, and reinsurance under one umbrella.
Cons
  • Navigating the vast array of modules requires strong internal product governance.
  • Upgrading older customized instances requires structured migration planning.
  • Tailored primarily for carriers; can be cost-prohibitive for small startup MGAs.
  • Full digital transformation projects can require substantial time and resources.

Features

Key features

Policy Administration

A core system for managing insurance policies throughout their lifecycle.

Claims Management

A comprehensive and adaptable core claims system to manage the entire claims process.

Billing and Payments

Provides a wide range of billing and payment options to improve customer service.

System Configuration

Low-code/no-code configuration tools to increase speed to market for new products.

Automation and AI

Employs AI-powered automation for smart, data-driven business decisions and increased operational efficiency.

Cloud-Enabled Solutions

Offers cloud-based deployment for increased efficiency, security, and innovation.

Personalized User Experience

Delivers a personalized UX to increase user engagement and provides a user-friendly interface.

Additional features

Data & Analytics Suite

Empowers insurers with data-driven insights for smarter decisions and personalized customer experiences.

Digital Engagement Platform

A cloud-native suite for digital engagement with customers, agents, and brokers.

Reinsurance Management

Offers solutions for reinsurance processes.

Financial & Compliance

Includes capabilities for financial management and regulatory compliance.

Underwriting Support

Provides tools to support the underwriting process.

Persona-Based Portals

Enables rapid launch of dynamic portals for customers, agents, and other stakeholders with self-service capabilities.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
3
Interface languages
3
Billing currencies

Interface languages

EnglishGermanSpanish

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

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