Sapiens

Description of Product or Services you would like to promote in the Association:

Sapiens is a cloud-based SaaS insurance platform offers pre-integrated, low-code capabilities across core, data and digital domains to accelerate our customers' digital transformation.
CoreSuite for P&C - Customer-centric, low code enterprise suite empowering insurers to rapidly meet evolving business and customer needs.

ReinsurancePro - Efficiently automate the entire underwriting and administration of reinsurance for insurers.

Reinsurance Master - Single platform providing full financial control across all lines of business.

How does your product or service specifically target/benefit Program Administrators:

CoreSuite for P&C helps organization secure sustainability with maximum flexibility and configurability in the cloud.  CoreSuite provides specialty insurers with line-specific pre-configuration and ecosysem capabilities that enables rolling out of new products and new states faster.  CoreSuite provides and easy upgrade path with maximum flexibility and configurability.  CoreSuite in the cloud with open API and line-specific packages configuration settings leads to faster ROI recognition and lower cost of ownership.

The Sapiens Reinsurance solutions enables carriers to handle all reinsurance activities on a single platform.  By incorporating fully automated functions, Sapiens Reinsurance provides flexible and full financial control of a carrier's entire reinsurance processes, including full support for all auditing requirements and statutory compliance.

What differentiates your product from others in the marketplace?

As one of the first low-code/no code systems introduced into the market, flexibility has been trademark.  While we integrate all the latest technology and innovations that any of the leading policy administration systems offer, we continue to serve carrier agility best through our highly flexible, modular configurations.  This means whether you are exploring a system to support standard versus non-standard lines, we can easily design a system that fits your particular purpose and the way you want to work.

With Sapiens Reinsurance, carriers can manage and automate underwriting and administration of all types of reinsurance, including ceded, retroceded, treaty, faculative, proportional and excess.  Statutory support includes one-click Schedule F generation including producing a mirror image statement pages.  Sapiens has been providing reinsurance software to the insurance industry for over 40 years and is the industry leader in North America.