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Posts tagged with: insurance

The Case to Replace

John Pettit | Nov 06, 2019
The Decision to Replace Isn’t Trivial Deploying a new property & casualty (P&C) policy…
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Core Technology
Digitalization
Property & Casualty

5 Business Benefits for P&C Carriers

John Pettit | Sep 16, 2019
My previous blog post looked at the obstacles preventing some property & casualty (P&C)…
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Property & Casualty
Core Technology
New Technology

What’s Happening to the Insurtechs?

Ori Sarid | Sep 03, 2019
Something very interesting happened to insurtech in 2018, according to Deloitte: “While the number…
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Digitalization
New Technology

AM Best’s Innovation Criteria for Insurers

Eric Danis | Aug 07, 2019
For years, Sapiens has urged insurers to embrace digital transformation and innovation, so that…
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Core Technology
Digitalization
New Technology

The Engine That Powers Insurtech

Steve Ellis | Jul 23, 2019
Insurers today are constantly monitoring new insurtech and trying to benefit. To quote from…
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Digitalization
Property & Casualty
Life, Pension & Annuity
Core Technology

Obstacles to Fighting Insurance Fraud

Eric Danis | Jun 25, 2019
Insurers are obviously super motivated to reduce instances of fraud that are draining their…
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Core Technology
Digitalization
Property & Casualty
Life, Pension & Annuity
Cybersecurity

Climate Change Strategies for Insurers

Eric Danis | Jun 18, 2019
A recent article in The New York Times warned that many of the world’s…
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Property & Casualty
Reinsurance

Fundamental Change in How Insurers Interact with Customers

Gil Maletski | Jun 12, 2019
My previous blog posts in this series highlighted natural language processing (NLP) technology, which…
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Customer Experience
Core Technology
Digitalization

Digital Transformation is a “Metamorphosis” Opportunity for Insurers

Amanda Rees | Jun 06, 2019
By now, most insurers understand the benefits of digital transformation. Although these projects are…
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Customer Experience
Core Technology
Digitalization
New Technology
Customer Experience

Insurers’ #1 Threat?

Eric Danis | May 14, 2019
Fifty-four (54) percent of insurers globally view fraud as their #1 threat! The harm…
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Digitalization
Cybersecurity

#6 DEADLY SIN OF P&C POLICY ADMIN

John Pettit | Apr 08, 2019
Failing to anticipate a rules governance mechanism for managing changes is a MAJOR policy…
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Property & Casualty
Core Technology

NLP’s Revenue Potential & Practical Insurance Applications

Gil Maletski | Mar 26, 2019
Natural language processing (NLP) technology, which enables computers to understand and process human languages,…
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Customer Experience
Digitalization
Property & Casualty
Life, Pension & Annuity
New Technology

The NLP Trend IS Coming Fast…

Zvika Delman | Feb 27, 2019
A digital evolution is definitely underway, but many in the insurance industry still heavily…
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Customer Experience
Digitalization
Property & Casualty
Life, Pension & Annuity
New Technology

#4 DEADLY SIN OF P&C POLICY ADMIN

John Pettit | Feb 11, 2019
If you’ve missed the first few blog posts in this series, we’ve been covering…
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Core Technology
Property & Casualty

Major Trends Shaping Automated Claims Management

Lilia Vaserman | Dec 11, 2018
The Internet of Things (IoT). Artificial Intelligence (AI). Machine Learning. Drones. These are some…
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Property & Casualty
New Technology
Customer Experience

#2 Deadly Sin of P&C Policy Admin (Single Product Focus)

John Pettit | Dec 04, 2018
Designing a solution from within the context of a single product. My previous blog…
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Uncategorized

Future Reinsurance Trends with BI Tools

Eric Danis | Nov 27, 2018
Our resident expert and reinsurance product manager, Martin Greenberg, explains about the characteristics of…
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Reinsurance

Tips for Turning Medical Malpractice Complexity into Opportunity

John Pettit | Nov 14, 2018
Medical malpractice requirements are driving interest in P&C platforms. For instance, Sapiens recently announced…
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Core Technology
Medical Malpractice

Reinsurers need an end-to-end system

Eric Danis | Nov 01, 2018
I recently sat down with Martin Greenberg, Reinsurance Product Manager at Sapiens, to talk…
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Reinsurance

The Tremendous Potential of Automated Claims

Lilia Vaserman | Oct 23, 2018
Property and casualty (P&C) providers are working hard to automate claims or make them…
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Digitalization
Property & Casualty
Core Technology
New Technology

8 Cyber Insurance Challenges

Alex Zukerman | Sep 25, 2018
Insurers working to provide their customers with adequate cyber coverage must overcome a slew…
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New Technology
Cybersecurity

Lowering the Cost of Medical Malpractice for Insurers

John Pettit | Sep 17, 2018
The possibility of a medical malpractice lawsuit raises costs for hospitals, according to researchers…
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Digitalization
Property & Casualty
Medical Malpractice

Additional Main Benefits of Cloud Computing and Managed Services for Insurers

Gil Maletski | Sep 12, 2018
My previous blog post detailed three advantages of cloud computing and managed services for…
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Digitalization
Core Technology
New Technology
Cybersecurity

Insurers Are Vulnerable to Cyber Attacks

Alex Zukerman | Sep 03, 2018
Hackers are tempted to perpetrate cyber attacks against insurers and such attacks have the…
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Digitalization
New Technology
Cybersecurity

Main Benefits of Cloud Computing and Managed Services for Insurers

Gil Maletski | Aug 14, 2018
While concerns do exist over some areas of the cloud, such as security, the…
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Digitalization
New Technology
Customer Experience

Only 20% of Insurance CEOs Feel Prepared for Cyber Attacks

Alex Zukerman | Aug 06, 2018
Before insurers can offer effective coverage to their own customers, they must ensure that…
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Digitalization
New Technology
Cybersecurity

Insurers are Targets for Cyber Hackers

Alex Zukerman | Jul 24, 2018
An insurance provider in the EMEA region experienced every insurer’s worst nightmare in June…
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Digitalization
New Technology
Cybersecurity

Cloud Computing and Managed Services for Insurers

Gil Maletski | Jul 15, 2018
Challenges Facing Today’s Insurers Insurers are not unique among businesses in the world in…
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Digitalization
Core Technology
New Technology

What are the Benefits of Cloud Managed Services?

Gil Maletski | Jun 25, 2018
Using cloud managed services, organizations can add to their existing competencies or replace costly…
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New Technology

Necessary Infrastructure to Benefit from Machine Learning

Gil Maletski | Jun 06, 2018
As with so many other of insurers’ initiatives/goals, possessing a modern, innovative policy administration…
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Digitalization
Property & Casualty
New Technology

3 More Machine Learning Benefits for Insurance Companies

Gil Maletski | May 17, 2018
My previous blog post in this series highlighted three machine learning business benefits for…
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New Technology

Digital Transformation: Core is More!

Jerry Whetnall | May 03, 2018
We’ve Gone Fully Digital In these exciting, fast- and ever-changing times, the insurance industry…
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Property & Casualty
Life, Pension & Annuity
Core Technology

Two Choices for PoPI Compliance in South Africa for Insurers

Brian Heale | Mar 29, 2018
Despite the headaches that the Protection of Personal Information (PoPI) Act will undoubtedly create…
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Core Technology

Machine Learning & Cognitive Computing to Shake Up the Insurance Industry

Gil Maletski | Feb 21, 2018
Using machine learning and cognitive computing (which I defined in my previous blog post)…
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Digitalization
New Technology

Is the Cloud Complicating PoPI Compliance in South Africa?

Brian Heale | Feb 13, 2018
The insurance environment in South Africa is changing rapidly, driven by increasing regulation, competitive…
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Digitalization
Core Technology

Machine Learning is Necessary for Today’s Insurers

Yaffa Cohen-Ifrah | Feb 07, 2018
Let’s imagine a fictional millennial named “Nick Loehanson.” He’s 29 years old (they grow…
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Digitalization
New Technology

Insurer Misconceptions about Generation Z

Yaffa Cohen-Ifrah | Nov 22, 2017
Insurers are currently working overtime to understand Generation Z and formulate strategies to optimize…
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Property & Casualty
Customer Experience

The Driverless Car Accelerates…and Then Crashes

Eric Danis | Nov 15, 2017
Here at Sapiens Spotlight, we’ve blogged extensively about driverless cars and how they are…
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Property & Casualty
New Technology

Robotic Process Automation Is Only Part of the Answer…

Jeff Denham | Oct 19, 2017
My previous two blog posts looked at the business benefits and real challenges presented…
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New Technology

Hurricane Harvey’s Effect on Insurers

Eric Danis | Aug 31, 2017
Sapiens’ thoughts and prayers are with the people suffering from the devastating effects of…
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Property & Casualty

Defining “Personal Data” and GDPR’s Impact on Insurers

Richard Walker | Jul 20, 2017
Personal data has become a lucrative asset in our digital world that companies can…
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New Technology

Two Tips to Help Insurers Succeed with Virtual Reality

Eric Danis | Jun 14, 2017
Insurers are intrigued by virtual reality (VR) and some of them are already benefitting…
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Digitalization
New Technology

Blockchain-Backed Mutual and Peer-to-Peer Insurance

Zvika Delman | Feb 27, 2017
A PwC survey found that 57 percent of surveyed financial services industry personnel are…
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New Technology

Blockchain’s Potential for the Insurance Industry

Zvika Delman | Feb 16, 2017
The use of blockchain in the insurance field is still in its infancy, but…
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New Technology

Getting Real about Artificial Intelligence in Insurance (Expert Q&A)

Yaffa Cohen-Ifrah | Feb 09, 2017
Last month’s announcement that Fukoku Mutual Life Insurance in Japan has fired employees and is…
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New Technology

Omni-Channel and the Data Connection

Richard Walker | Dec 07, 2016
Omni-channel is about much more than offering consumers different ways of getting in touch.…
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Digitalization
Property & Casualty
Customer Experience

MGAs: The Gatekeepers of Specialist Insurance

Richard Walker | Nov 03, 2016
MGAs are in a unique position in the insurance ‘supply chain’. Aligned alongside the…
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Property & Casualty

A Major Cost for Defined Contribution Providers

Scott Palmer | Oct 26, 2016
The Wall Street Journal published an interesting article a while back detailing various entities’…
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Uncategorized

Insurance Data Migration Can Be Like Hollywood

Pete Ryan | Sep 19, 2016
Data migration isn’t typically considered very glamorous. In fact, many life and pensions senior…
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Life, Pension & Annuity

Pokémon Go’s Potential for Insurers

Eric Danis | Jul 21, 2016
Even insurers have gotten caught up in the hysteria surrounding Pokémon Go, a free-to-play…
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New Technology
Customer Experience

Should Insurers Worry About the Connected Home’s Slow Start?

Eric Danis | Jul 11, 2016
The Internet of Things (IoT) is a growth market for insurers. By 2025, it…
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Property & Casualty
New Technology

The Case Against a Homegrown Insurance Portal

Alex Zukerman | May 26, 2016
It’s becoming increasingly difficult for insurers to explain to their customers why insurance is…
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New Technology

The Two Biggest IoT Challenges for Insurers

Yaffa Cohen-Ifrah | May 03, 2016
FC Business Intelligence asked 300 carriers which challenge impedes Internet of Things (IoT) adoption…
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New Technology

The Ridesharing Opportunity for Insurers

Asher Gilmour | Mar 23, 2016
The Opportunity Companies such as Uber, Lyft and BlaBlaCar are leading a booming ridesharing…
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Property & Casualty

5 Hot P&C/GI Topics for 2016

Asher Gilmour | Feb 22, 2016
Now that the year 2016 is well underway, it’s a good time to analyze…
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Property & Casualty
New Technology

Thinking About Christmas…and Insurance

Eric Danis | Dec 17, 2015
If industry sales projections come true, tens of thousands of amateurs will receive drones…
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Property & Casualty
Life, Pension & Annuity
New Technology

Is the Insurance Industry Ready for Autonomous Cars?

Asher Gilmour | Nov 17, 2015
With The Future of General Insurance event underway this is a good time to…
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Property & Casualty
New Technology

A Failed Legacy: The Dangers for Insurers

Jeff Denham | Oct 15, 2015
Legacy IT systems are the largest cost that many organisations face today. This issue…
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Life, Pension & Annuity
New Technology

The Wonderful World of Wearables

Alex Zukerman | Oct 01, 2015
[caption id="attachment_222" align="alignright" width="200"] Wearables are quickly increasing in popularity.[/caption] Wearables are prevalent in…
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Life, Pension & Annuity
New Technology

7 Signs of a Superior Preneed Solution

Mark Cummings | Sep 17, 2015
The essential functionality required by preneed insurers represents a significant departure from the mainstream…
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Life, Pension & Annuity
New Technology

Shifting from Multi-Channel to Omni-Channel

Yaffa Cohen-Ifrah | May 03, 2015
Most insurers today offer their customers multiple channels: customers can communicate with insurers via…
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Digitalization
Customer Experience

Google Enters the Insurance Market: Friend or Foe?

Yaffa Cohen-Ifrah | Mar 09, 2015
Google officially rolled out its auto insurance comparison site in the state of California…
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Property & Casualty
Customer Experience

Y Aren't They Insured?

Yaffa Cohen-Ifrah | Jan 27, 2015
You’ve probably wondered why it has been so difficult for your organization to succeed…
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Property & Casualty

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