Life, Pension & Annuities Insurance Software

ALIS life insurance software supports the entire range of Life, Pensions, Investments and Annuity products for Individuals and Groups. Proven in numerous implementations around the world, ALIS provides an easy to use, browser-based user interface with a standard look and feel across products and processes.


    React quickly to regulatory changes across products and processes. ALIS comes equipped to support 7702 and 7702A processing, as well as U.S. regulatory requirements based on commonly accepted U.S. practices. ALIS is RDR and Solvency II ready and it supports the requirements of gender equalisation. Instant introduction of future regulation requirements will keep your business on the fast track.

    Highly configurable to support the rapid launch of new products and changes to product features and processes

    Rich functionality and high levels of automation to deliver increasing operational efficiencies

    Multiple languages - languages are selected based on user profile - currently implemented in six different languages

    Multiple currencies - currently implemented in seven different currencies

    Easily configured to support multiple brands and distribution channels

    Configurable data access points driving all management reporting requirements

    Integrates all front office and back office processes, including:

    • Product Design
    • Quotation & Illustration
    • New Business
    • Policy Servicing
    • Underwriting
    • Billing & Collection
    • Claims Processing
    • Agency & Commission
    • Reinsurance
    • Document Management

    Life Insurance Software diagram

    The ALIS platform delivers both a multi channel and multi media service solution meeting the ever changing market and customer needs.

    Individual Annuity Products.
    ALIS supports all types of annuities including deferred, fixed and variable, payout annuities, equity indexed annuities, Enhanced and Impaired Life annuities. ALIS has been integrated with xpert underwriting systems risk assessment and categorisation of applications.

    Group/Worksite Life & Protection Products.
    The life insurance system includes robust and agile functionality to supporting the on-boarding and administration of group life and protection policies at the worksite including Universal Life, Variable Universal Life, Income Protection, Critical Illness, and Disability Income.

    Individual Life & Protection Insurance Products.
    ALIS provides robust and agile functionality supporting Term Life, Universal Life, Variable Universal Life, Income Protection, Payment Protection, Critical Illness, Whole Life, and Endowment products.

    Hybrid Products.
    The US Pension Protection Act of 2006 now permits an annuity product to provide a long-term care rider. In order to keep you ahead of the competition, we've already configured ALIS to support these hybrid products.

    Two decades of industry expertise with proven implementations in 11 Countries across the 4 Life&Pension sub verticals and a profound belief in the heritage and future of our technology adds to the equation, yet our success comes down to our belief in true client support.

    Learn more on Sapiens ALIS Life & Pension Software functionality

    Learn more on Sapiens ALIS Life & Pension Software technology


    ALIS Functional Overview

    ALIS 90/10 Click – quick and easy access to 90% of system data and functionality with 1 to 2 clicks, providing unparalleled usability and data access for customer service

    Calculation transparency – ALIS's formula engine is exposed to users, providing detailed information to users so your policy administration system is no longer a "black box"

    Product flexibility –ALIS's product design supports any combination of Life, Pensions and Investment products for the individual and group markets, enabling providers to explore new product offerings and hybrid designs with no coding required

    Modular functionality – ALIS supports every step of the policy life cycle! Use only the ALIS components needed and "turn off" the rest. Interface with current installed systems point-to-point or via ESB using ALIS's modern web services layer, including fully configurable web services

    Process automation – ALIS's integrated workflow allows the automation of manual processes, reducing the administration costs for an organization whilst maintaining high levels of customer service

    Learn more on Sapiens ALIS Life & Pension Software functionality

    ALIS Technical Overview

    ALIS is a scalable, flexible system, built on N-Tier architecture. Each sub-system is comprised of components that encapsulate their business logic, enabling required changes to be easily isolated and made.

    ALIS provides an entry point via Application Programming Interfaces (APIs) and Web Services for external applications.

    For accessing the Service Layer, Websphere MQ is the main method. Microsoft MSMQ and SOAP (Web Services) are also supported.

    The XML used by the Web Services can be any XML agreed with the external system. New services are based on the ACORD standard, which is a global standard for life insurance transactions. It provides ready XML structures for life insurance entities and transactions.

    Learn more on Sapiens ALIS Life & Pension Software technology



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