Sapiens CoreSuite Recognized for Excelling in Advanced Technology and Breadth of Functionality
Celent evaluated 21 policy administration systems using its ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industry.
The Vendor View shows the relative positions of each vendor across three categories:
- Advanced Technology
- Breadth of Functionality
- Customer Base and Support
Sapiens CoreSuite’s leading position in two key categories means the company’s life & annuities solution is described by Celent as “Luminary,” which is the top tier in Celent’s Technical Capabilities Matrix.
Overall, a system to be considered in selection projects. The system is also multi-language and multi-currency, which makes it a system to consider globally.
The system incorporates AI components that enable the interrogation of large documents, enhancing the decision-making process for case managers. This AI integration is part of a broader strategy to automate and streamline operations.
This is a nice option for insurers looking for a system that covers illustrations through claims, including in-force illustrations. Each component is strong in its own right and the illustrations component was a luminary in our most recent illustrations report.
