DECISION for Insurance
Sapiens DECISION is modernizing insurance operations
Fierce competition, a consistent upsurge in complex regulatory requirements and changing customer behavior are driving change across the insurance industry. While the business is pressured to maintain compliance, competitive edge and sustainability, IT and operations are faced with ever-increasing demands that their traditional processes and systems cannot meet in a timely, accurate and cost-effective manner.
Sapiens DECISION facilitates a paradigm shift in the way insurance carriers are approaching and responding to change, by modernizing traditional business rules management with a new and emerging discipline for meeting these challenges, called decision management. Sapiens DECISION enables business professionals to be actively involved in the design, implementation, analysis and optimization of decisions, so that the traditional struggle and liabilities associated with change are mitigated. An integrated solution designed to leverage, enhance and augment your existing technology, DECISION drives consistency and reusability to ensure that the operational decisions that impact performance are accurately and consistently adhered to – minimizing risk, rework and resource requirements.
Sapiens DECISION clients have experienced extraordinary results:
- Improved ability to anticipate customer needs: 80% improvement in data quality and increased business logic clarity
- Greater agility: rule changes in business logic implemented 90% faster
- Increased efficiency and cost reduction: 50% decrease in decision model creation and maintenance costs
For more information, please visit: www.sapiensdecision.com.