Version 9 features an enhanced library of pre-configured
products and improved self-service configuration tools,
empowering users to rapidly set up insurance products and
benefit from advanced, cloud-native
capabilities
HOLON, Israel, June 23, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading
global provider of software solutions for the insurance industry,
today announced the general availability of its
upgraded Sapiens CoreSuite for Life & Annuities for
North American customers and Sapiens CoreSuite for Life &
Pension for clients in the EMEA and APAC regions (both suites
are referred to as "CoreSuite" in this PR).
Version 9 features a new and improved SmartSuite solution, with
a library of pre-configured products and processes, including four
new completely configured smart packs that accelerate time to
market for launching products. All smart packs are fully documented
inside interactive software, rather than static documents. The
SmartSuite solution includes an advanced testing framework, with
more than 5,000 automated test cases that ensure faster go to
market for customers.
SmartSuite also includes an improved configuration tool that
enables business users to independently set up and tailor insurance
products with no coding required, speeding up the process of
launching new products, or product updates.
The CoreSuite solution will help accelerate launches for life
insurance providers with streamlined and simplified business
processes, and available, open architecture. The suite now offers
one-click, cloud-native architecture – version 9 supports full
cloud deployment on pods via dockers for quick and easy container
provisioning, networking, load-balancing, security and scaling.
Also, Excel as a service (EaaS), an innovative microservice, was
added to this upgraded version. This microservice enables
calculations on live integrated excel sheets, without the need for
compilation.
This latest release offers many additional enhanced features,
including:
- Improved DevOps, through the cloud-native architecture and
technological upgrades for deployment and monitoring
- Tailored digital journeys with version 9's new digital adapters
and available APIs
- An improved suite of dashboards and reports across all policy
lifecycle elements from Sapiens Intelligence, our advanced
analytics tool
- Performance benchmarks for managing large-scale group
transactions, to ensure that bulk transactions do not negatively
impact performance
"The Sapiens team has again proven its commitment to meeting
market needs and strengthening our core offerings," said
Roni Al-Dor, Sapiens president and
CEO. "We continue to invest in our product portfolio and
collaborate with customers to bring innovation that will empower
Sapiens' customers."
Sapiens' life suite supports multiple lines of business for both
individual and group life, annuities, investments and medical
products ‒ in a single, end-to-end system. It offers a 360-degree
view of the customer from the policy administration system, across
all distribution channels and communication streams.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property & casualty,
life, pension & annuity, reinsurance, financial &
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 500
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: www.sapiens.com.
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Media Contact
Alex Zukerman
CMO and Chief of Strategy, Sapiens
+972 546 724 910
alex.zukerman@sapiens.com