property and casualty
#3 Deadly Sin of P&C Policy Admin
Ignoring Future Requirements My previous blog posts in this series detailed two serious property and casualty (P&C) administration “sins”: treating policy admin like unrelated business requirements and designing a solution from within the context of a single product. Equally as damaging is…
Major Trends Shaping Automated Claims Management
The Internet of Things (IoT). Artificial Intelligence (AI). Machine Learning. Drones. These are some of the huge trends that are impacting claims management for providers today, but which will soon collectively transform the world of insurance claims. The Internet of…
#2 Deadly Sin of P&C Policy Admin (Single Product Focus)
Designing a solution from within the context of a single product. My previous blog post in this series detailed a serious property and casualty (P&C) administration “sin”: treating policy admin like unrelated business requirements. Equally as damaging is sin #2:…
Tips for Turning Medical Malpractice Complexity into Opportunity
Medical malpractice requirements are driving interest in P&C platforms. For instance, Sapiens recently announced that Preferred Physicians Medical Risk Retention Group (PPM) selected the Sapiens North American P&C Platform as its new platform for the company’s professional liability insurance. The…
The Tremendous Potential of Automated Claims
Property and casualty (P&C) providers are working hard to automate claims or make them touchless to increase efficiency and generate cost savings. This enhanced efficiency allows insurers to make claim resolutions faster, improving customer service. Better service means that insureds,…
Insurer Misconceptions about Generation Z
Insurers are currently working overtime to understand Generation Z and formulate strategies to optimize this segment’s lucrative potential. Generation Z, the generation of people (after millennials, who are also called “Generation Y”) who were born from the mid-1990s to the…
The Driverless Car Accelerates…and Then Crashes
Here at Sapiens Spotlight, we’ve blogged extensively about driverless cars and how they are quickly becoming a reality. To make sure our property and casualty (P&C)/general insurance (GI) customers stay up-to-date, this blog post will catch you up on the…
South Africa Is Officially “Cloudy”
Insurers of all sizes and types are increasingly turning to cloud solutions to lower costs, remain agile and facilitate a truly digital experience. “Many insurers looking to modernise their core systems are discovering that their on-premise hosting environment is insufficient…
The Driverless Car Races Ahead
It’s full speed ahead for the driverless car concept following the news that American chipmaker Intel purchased Mobileye, an Israeli autonomous vehicle technology firm, for $15.3 billion dollars. Mobileye and Intel have already started working with BMW on a project…
Insurers Embrace Ridesharing
Ridesharing has exploded in popularity and seems to be the wave of the future, with San Francisco-based Uber having reportedly raised $2.8 billion. Property and casualty/general insurers are enthusiastic about the potential of new business, but some are wary about…
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