Partners

Proud to partner with innovative companies that expand and refine our offerings, scale up to meet even the largest and most daunting implementation challenges, and enter new markets

Outstanding Ecosystem

As part of our constant quest to offer more to our customers and grow, Sapiens is proud to partner with innovative companies that help us expand and refine our offerings, scale up to meet even the largest and most daunting implementation challenges, and enter new markets and locales.

Akur8 empowers actuaries and pricing teams to make better decisions, faster

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Industry challenge

Industry challenge

Insurers face increasing pressure to control and optimise their profit margins (direct insurers, price comparison websites, low interest rates). Pricing sophistication has become a key differentiator, but pricing processes remain long, manual and iterative. While AI could significantly improve this process, standard machine learning algorithms generate models that cannot be put in production because of regulatory constraints and risk of adverse selection. Akur8 is the only technology on the market that reconciles machine learning and actuarial science to automate the generation of transparent, production-ready GAM/GLMs.

The solution

The solution

Akur8 leverages the power of Machine Learning & predictive analytics to inject game-changing speed and accuracy to insurers’ pricing process. The solution supports pricing experts at every step of the pricing process, generating significant efficiency. From data processing and visualisation to exporting final models, Akur8 provides a comprehensive modular approach to pricing built around three main modules:
1. Risk – to build technical models and pure premiums
2. Demand – to build behavioural conversion and retention models and measure price elasticity
3. Rate – to iterate on rate plans (commercial premiums) and run portfolio analyses

Business benefits

Business benefits

  • Speed – Make your pricing process 10x faster
  • Performance: Improve the predictive power of your models
  • Transparency: Ensure full compliance with local regulation

Reduce Risk, Operational Cost & Enhance Customer Loyalty with our Health Data Platform

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Industry challenge

Industry challenge

With more than 71% of the global deaths (according to WHO.org) caused by preventable disease, the Insurance industry wishes to move from being a claims payer to a lifetime wellbeing partner, helping people achieve and maintain better health and wellness levels, while better assessing risk and providing preventive, personalized services, at lower costs.

The solution

The solution

As a B2B company, Binah.ai provides the Insurance industry with an AI-powered, 100% software solution (SDK) they can easily integrate into their app or workflows to allow clients monitor health parameters, just by looking at the camera of a smartphone, tablet or laptop camera – anytime they need, anywhere they are, in only one minute. End-users are able to extract a wide range of health parameters such as blood pressure, heart rate, heart rate variability, oxygen saturation, respiration rate, mental stress, relaxing ability and more, and share this important health data with their insurers so they can better support their care, wellness and health improvement efforts.

Business benefits

Business benefits

  • Enhance wellness programs success using members’ objective health data
  • Streamline and empower underwriting and STP with remote, real-time health and wellness monitoring
  • Better assess risk and increase prevention
  • Lower operational costs (no need for wearables, less human time spent on health assessments)

Make the insurance purchasing process easier, cheaper, more efficient

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Industry challenge

Industry challenge

Insurance confronts the challenge of sluggish new and renewal procedures due to manual underwriting processes. This reliance on manual work hampers efficiency and speed in the industry. It is not an efficient process for the agents/insureds.

The solution

The solution

The current supplemental insurance application process can be frustrating for insureds, agents, underwriters, and everyone in between. AppEase improves both the experience and the outcome. The user experience is designed with underwriters to insureds in mind to enhance satisfaction and efficiency, especially on renewals.

Business benefits

Business benefits

  • Reduce sales cycle (~80%) by collecting apps data electronically
  • Ease of doing business/competitive advantage significantly improved
  • Provides data availability for analytics
  • Removes redundant data entry and quicker quotes and indications
Hear from our partners

Hear from our partners

Insurance dynamic pricing, advanced rating engine & product personalization

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Industry challenge

Industry challenge

Insurance companies try to sell the same product, at the same price, to customers who have unique needs, risk characteristics and price sensitivities. This commodity based selling, may cause the loss of customers who are willing to pay more for increased comprehensive coverage, as well as customers who cannot afford the product and are willing to give up some coverage to pay less.

The solution

The solution

The joint Earnix and Sapiens solutions uses Earnix for the quoting process on Sapiens’ system. It provides an end-to-end pricing and product personalization software suite, driven by world-class data science, analytical modeling tools, and integrated machine learning. The Earnix suite replaces fixed pricing tables with dynamic pricing API. With the dynamic pricing and product personalization solution, insurers ensure they are offering the right product, at the right price to the right person.

Business benefits

Business benefits

  • Rapid personalization of both claims and policy correspondence reduce cycle times by utilizing previously generated templates
  • Easy access to a central repository of templates, plus automated data and content prefill document templates, save agents time
  • Built-in document preview capability during authoring facilitates a quick turn-around from edit to production

Customer Communications Management (CCM), Build Once and Deliver Anywhere

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Industry challenge

Industry challenge

Many insurance carriers prioritize speed to market to meet changing customer needs but struggle to develop, file, and implement new products and product changes. While Customer Communications Management (CCM) platforms can help manage communications for these products, few have capabilities to specifically manage the documents required during the product development process.

The solution

The solution

With GhostDraft, insurers can automate the forms and document lifecycle, from inception to delivery, in one powerful and easy-to-use suite designed for insurance. Now, you get everything you need to get new or updated products to market quickly and streamline all your communication needs in a centralized CCM system that offers research, design, filing, specification, development, review, test, deployment, and implementation tools for the whole organization.
GhostDraft offers a modern, cloud-native suite that is seamlessly integrated with Sapiens to simplify managing communications.

Business benefits

Business benefits

  • Drive digital transformation and end-to-end process automation
  • Accelerate speed to market
  • Deliver superior customer experiences with modern forms
  • Get an insurance-designed solution with ISO prebuilt libraries
  • Reduce costs with a cloud-native SaaS-priced solution
Hear from our partners

Hear from our partners

The Imburse platform connects any organization to the entire global payments ecosystem

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Industry challenge

Industry challenge

Insurers struggle to access multiple payment providers and technologies to cover their complex needs. Their legacy IT systems make these integrations a long, expensive, and resource-draining process. On top of that, insurers lack the payment know-how and specialist resources needed to optimise their payments system in-house.

The solution

The solution

Through one single connection to us, Imburse connects any organisation, regardless of its existing IT infrastructure, to the entire global payments ecosystem. We do all the heavy lifting of connecting to payment providers and technologies around the globe, making it easy, fast and inexpensive to deploy new technologies, for both collections and pay-outs.

Business benefits

Business benefits

  • Improve speed-to-market
  • Maximise payment options
  • Improve customer experience
  • Reduce costs
  • Access unified reporting and payment analytics
  • Traditional integrations are complex, expensive and time consuming. The Imburse solution looks to remove this obstacle of by offering enterprises a single, convenient entry point to the entire global ecosystems of payments.

Providing a complete, simple, & secure electronic bill presentment and payment solution

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Industry challenge

Industry challenge

Insurance organizations face many payment processing challenges from improving reconciliation efficiencies, reducing policyholder churn and keeping costs low. Add to that the burden of compliance liability, the pressure of ever-changing customer expectations and the need to reduce policyholder churn. The challenges may well seem insurmountable.

The solution

The solution

The joint Sapiens and Invoice Cloud solution delivers a streamlined omni-channel payment experience that improves operational efficiencies by simplifying the payment process and increasing self-service adoption. Invoice Cloud’s tight, real-time integration with Sapiens’ industry leading software solutions accelerates reconciliations, while providing a seamless payment process for policyholders. Invoice Cloud provides a simple, secure online billing and payment solution for insurers.

Business benefits

Business benefits

  • Rapid personalization of both claims and policy correspondence reduce cycle times by utilizing previously generated templates
  • Easy access to a central repository of templates, plus automated data and content prefill document templates, save agents time
  • Built-in document preview capability during authoring facilitates a quick turn-around from edit to production
Hear from our partners

Hear from our partners

Opterrix empowers insurers to proactively identify, quantify, and mitigate avoidable losses

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Industry challenge

Industry challenge

Opterrix is a powerful risk intelligence platform that enables insurance carriers to proactively identify, quantify and mitigate avoidable losses. Designed by insurers for insurers, Opterrix leverages the latest advancements in meteorology, data science, AI, and cloud computing to help insurers make better decisions faster and implement proactive strategies throughout the insurance value chain. Insights are available via our single sign-on web application and API access.

The solution

The solution

Underwriting: Opterrix is a single source of knowledge that helps carriers measure and manage property-level accumulation and aggregate limits, real-time moratorium declaration and monitoring, and post-event claims management.
Claims: Opterrix monitors complex portfolios in real-time, provides advanced notifications of upcoming weather events, generates claims predictions before FNOL, and offers unparalleled street-level analysis for optimized claims workflows.
Customer Engagement: Opterrix enables insurance carriers to deliver real-time notifications that protect, inform, and interact with policyholders when and where risk mitigation is top-of-mind.

Business benefits

Business benefits

  • Prevent binding of high-risk policies and reshape costly accumulations in real-time
  • Create a holistic view of loss activity
  • Reduce claims cycle times and loss adjustment expenses
  • Improve combined and operating ratios
  • Increase customer satisfaction and retention

Best-in-Class Electronic Billing, Payments, and Disbursements

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Industry challenge

Industry challenge

When Policyholders can be tempted to switch and save, delighting and retaining customers is key. Today’s modern carriers must deliver a comprehensive billing, payments, and claims disbursements experience to increase customer satisfaction and improve operations.

The solution

The solution

With more payment methods and channels than any other provider and as the #1 best-in-class rated EBPP provider, Paymentus delivers the modern solutions insurers need and policyholders require.

Business benefits

Business benefits

Improved Customer Experience: Policyholders can pay exactly how they want with instant access to a robust suite of payment options and have access to faster digital claims payouts proven to increase Net Promoter Scores (NPS).
Comprehensive Real-Time Reporting: Staff can access a single, dashboard view of payment data to quickly serve customers, efficiently resolve inquiries and improve reconciliation and business operations

Risk & demand modelling, price optimization and dynamic pricing engine at your fingerprints

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Industry challenge

Industry challenge

Insurers often to struggle to adjust their pricing with any real pace, taking weeks or months to build pricing models only to then have to transform these models down into rating structures that are manually deployed, thus losing accuracy and efficiency in the process. Insurers are facing an ever increasing competitive environment, it is essential they can rapidly build and deploy new pricing in order to stay ahead of the market

The solution

The solution

Quantee help insurers, MGAs and InsurTechs to improve the granularity and accuracy of pricing models, deliver more targeted results, enable instant deployment and monitoring in real-time.
Quantee provides an end-2-end dynamic pricing & modelling platform which allows Insurers and MGAs to efficiently manage the entire pricing process through one user interface. This gives the power back to the pricing teams, allowing them to perform inter-day price changes and build sophisticated pricing models that utilize the latest techniques and insights

Business benefits

Business benefits

  • Ultimate efficiency through the pricing process with an end-2-end solution
  • Complete flexibility to be able to build any type of pricing model easily
  • Deploy rapidly to market with a pre-integrated pricing engine with API connectivity
  • Ravin integrates into existing workflows to create an AI-powered 360° vehicle inspection and also additionally add to the claims domain

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    Industry challenge

    Industry challenge

    The existing market solutions suffer from manual inspection processes, long review times, and additional blocks to productivity. These problems cause delays while frustrating claims processors, repair shops, and customers who rely on their cars.

    The solution

    The solution

    From Underwriting, through FNOL, to settlements, Ravin AI greatly reduces friction. Our AI-powered assessment of damage combined with Ravin’s seamless video capture experience, produces greater insight, ensures that standards are met from the start, and helps repair shops source the required parts. Saving effort, speeding up claims, and getting people back on the road.

    Business benefits

    Business benefits

    • Cut down claim cycle time to minutes. A customer is guided by the Ravin Inspect app to capture damages with a
      mobile app.
    • Empower and create transparency between insurer, customer, and repair shop.
    • Advanced AI ensures high quality, multi-angle capture and limits fraud.
    • Repairers receive full visibility and participate in the quote using Ravin’s remote intelligent dashboard.

    Geocoding & Address Enrichment for in-depth risk analysis and accurate form prefill

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    Industry challenge

    Industry challenge

    Property and Casualty insurance companies and claims adjusters need location data to exactly identify the structure they’re insuring. An address alone is insufficient for risk analysis. Many insurance companies struggle with large mapping providers that may only deliver a street front and sometimes not even the correct address. These errors lead to lost business, higher loss runs, and adjusters dispatched to incorrect locations.

    The solution

    The solution

    For underwriters and agents, Smarty’s US Rooftop Geocoding identifies the precise location and enables accurate risk assessment of the structure plus 45+ additional points of data on the property. For claims departments and adjusters, Smarty’s US Address Autocomplete expedites First Notice of Loss (FNOL) and provides adjusters a verified address before they leave the office.
    Business benefits

    Business benefits

    • Carriers improve their loss ratio with accurate risk analysis with Smarty’s US Rooftop Geocoding
    • Claims adjusters expedite First Notice of Loss (FNOL) and arrive at the right location with Smarty’s US Address Autocomplete
    • Insurance agencies get more quotes and online conversions with Smarty’s US Address Autocomplete
    Hear from our partners

    Hear from our partners

    Technology Partners

    At Sapiens, we believe in the power of collaboration and innovation. Our partnerships with industry leaders enable us to deliver cutting-edge solutions and elevate the capabilities of our offerings to new heights.

    Our technology partners play a pivotal role in fueling our commitment to innovation, quality, and customer satisfaction.

    Together, we drive progress and unlock endless possibilities for our clients across industries.

    Leveraging IBM Z with eMerge for top performance

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    Industry challenge

    Industry challenge

    Dozens of eMerge-based solutions are currently operated on IBM Z platforms. As eMerge has evolved through the years, most of the solution’s investment was exposed to external technologies adjusted that needed support of eMerge versions.

    The solution

    The solution

    Together with eMerge IBM Z customers, Sapiens continues to enhance IBM Z platform capabilities. We are continuously improving our eMerge product to support the latest releases and functionality of IBM Z Systems customers to maintain their workload.

    Business benefits

    Business benefits

    • Consistency The new back-office applications have a unified look and feel, with the reuse of web services across the various applications.
    • Repository System All data from the applications are centralized in IBM Z. This can save unnecessary web services when an application needs data from a second application.
    • Compliance with regulations The new application is regulations oriented.
      Digital services No more paperwork, hand files and file cabinets, no duplicate data, no business errors, everything is validated by the application.
    • Accessibility The new eMerge applications on IBM Z are accessible for intern