Sapiens CoreSuite
UnclaimedAccelerate life and annuities insurance operations with a comprehensive, cloud-native policy administration system.
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TL;DR - Sapiens CoreSuite
- Cloud-native policy administration for life and annuity products.
- Streamlines operations, accelerates product launches, and enhances customer experience.
- Features 360-degree customer view, advanced analytics, and API integration.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Accelerates product launches and reduces time to market
- Enhances operational efficiency and productivity
- Provides a comprehensive 360-degree view of customers
- Supports global operations with multicurrency and multilingual features
- Highly configurable to meet specific business and regulatory needs
Cons
- Specific pricing details are not publicly available
- Requires integration with existing systems, though designed for seamlessness
Key Features
Cloud-native architecture360-degree customer viewEmbedded digital capabilitiesAdvanced analyticsSeamless API integrationMulticurrency and multilingual supportAutomated administrative tasksOptimized workflows
Pricing Plans
CoreSuite for Life & Annuities
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- Comprehensive, cloud-native solution
- Streamlines full lifecycle of life and annuity products
- 360-degree customer view
- Embedded digital capabilities
- Advanced analytics
- Seamless API integration
- Flexible, open architecture
- Multicurrency and multilingual features
- Automates administrative tasks
- Optimizes workflows
- Brings products to market faster
- Intuitive, user-friendly dashboards
- AI-driven support for onboarding
- Reduced time to market with pre-configured products
- Self-service configuration
- Real-time data for actionable insights
- Streamlined testing and comprehensive documentation
About Sapiens CoreSuite
By Toolradar Team·
CoreSuite for Life & Annuities is a robust, cloud-native policy administration system designed to streamline the entire lifecycle of life and annuity products for insurance carriers. It provides a 360-degree customer view, embedded digital capabilities, and advanced analytics to facilitate smarter decisions and faster execution. The platform's flexible, open architecture, supported by seamless API integration, enables rapid product launches, boosts operational efficiency, and supports global operations with multicurrency and multilingual features.
This solution is purpose-built for agility and scale, empowering insurers to adapt to evolving customer needs and regulatory demands. It automates administrative tasks, optimizes workflows, and reduces time to market for new products. CoreSuite for Life & Annuities is particularly suited for North American carriers looking to enhance customer experience through automation, digital engagement, and regulatory-ready workflows, ultimately driving transformation across their operations.
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Sapiens CoreSuite FAQ
How does CoreSuite for L&A facilitate faster product launches for insurance carriers?
CoreSuite for L&A accelerates product launches through its flexible, open architecture, pre-configured products, and self-service configuration capabilities. This allows insurers to customize systems to their specific needs and bring new offerings to market more rapidly without extensive IT reliance.
What specific AI capabilities are integrated into CoreSuite for L&A to enhance user experience and productivity?
CoreSuite for L&A incorporates AI-driven support specifically designed to simplify user onboarding. This helps users achieve productivity faster by guiding them through the system and reducing the learning curve.
Can CoreSuite for L&A manage diverse product lines and regional regulatory frameworks within a single instance?
Yes, CoreSuite for L&A is highly configurable to support multiple product lines and adapt to regional requirements and regulatory frameworks. It is designed to deliver consistent user and customer experiences whether operating across different provinces or states.
Beyond policy administration, what other Sapiens solutions can integrate with CoreSuite for L&A to create a comprehensive insurance platform?
CoreSuite for L&A is part of the broader Sapiens Insurance Platform. It can integrate with other Sapiens solutions such as IllustrationPro for quotes, ApplicationPro for sales streamlining, UnderwritingPro for automated underwriting, DigitalSuite for digital engagement, and DataSuite for data-driven insights, creating a fully automated insurance landscape.
How does CoreSuite for L&A ensure data integrity and provide actionable insights for business decisions?
The platform provides real-time data access, which feeds into advanced analytics capabilities. This ensures that business decisions are informed by the most current information and allows for continuous improvement based on actionable insights derived from the data.
Source: sapiens.com