Posts tagged with: insurers

Lessons Learned from Insurtech

David Clamp | Nov 17, 2020
The World Economic Forum describes this period of disruptive technology as the fourth industrial…
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Core Technology
Customer Experience
Digitalization
Life, Pension & Annuity
Property & Casualty

What Does “Digital Transformation” Really Mean?

Bryan Falchuk | Nov 09, 2020
The insurance industry has been under a great deal of transformative pressure lately, primarily…
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Core Technology
Digitalization

IoT and Risk Management: Safety Challenges for Businesses Adopting Smart Devices

Bonnie Clark | Nov 05, 2020
The Internet of Things (IoT) - a web of interconnected, data-exchanging devices spanning the…
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Core Technology
Cybersecurity
New Technology

Cultivating Safety in the Workplace

Michael Desrochers | Nov 02, 2020
An open-minded approach to engage (employer to employee) According to the U.S. Bureau of…
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Workers' Compensation

The Shift in Group Life & Pension in Europe

Dave Punter | Oct 29, 2020
In the past, group and individual life and pension funds have been a steady…
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Core Technology
Life, Pension & Annuity

Respond. Recover. Thrive.

Hillary Gordon | Oct 22, 2020
“The greatest danger in times of turbulence is not turbulence itself, but to act…
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Core Technology
Digitalization
Property & Casualty

Back to the Future with Smart Core Systems

Colleen Wells | Oct 19, 2020
In my last blog, I shared 4 things that a modern PAS needs. Insurance…
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Core Technology
Digitalization
Property & Casualty

Can Insurers Mitigate Brexit with Next-Gen Technology?

Amanda Rees | Oct 15, 2020
According to a 2019 Digital Insurance report: “As much as £61 billion of business…
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Core Technology
Digitalization
Life, Pension & Annuity
Property & Casualty

The Evolution of Smart Core Systems

Colleen Wells | Sep 17, 2020
We continue to think about the ongoing impact of COVID-19 across industries.  There hasn’t…
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Core Technology
Digitalization
Property & Casualty

nexible: Motor Insurance with a High Focus on Customers and Automation

Volker Növermann | Aug 17, 2020
A long-standing and trusting partnership connects us with nexible GmbH. nexible was founded as…
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Digitalization
Property & Casualty
Uncategorized

Micro, Macro or Mini?

Gil Maletski | Aug 13, 2020
Services for insurers come in many shapes and sizes. In the first of two…
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Core Technology
Customer Experience
Digitalization
Managed Services

The Need to Recalibrate is Now

Michael Desrochers | Aug 11, 2020
Even in our everyday routines, the time arrives when we need to recalibrate something.…
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Medical Professional Liability
Property & Casualty

How Not to Fear the Cloud

Hillary Gordon | Jul 30, 2020
Have you made purchases on Amazon? Searched for something on Google? Watched a pet…
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Managed Services
New Technology

“It’s Kind of Fun to Do the Impossible” 

Colleen Wells | Jul 27, 2020
“It’s Kind of Fun to Do the Impossible”  -Walt Disney  Since March we’ve been…
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Core Technology
Digitalization
Uncategorized

The UK Furlough Scheme’s Surprising Effect on Insurers & Pensions

Dave Punter | Jul 16, 2020
The UK “furlough scheme,” a wage subsidy for more than nine million workers affected…
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Life, Pension & Annuity

Do Netflix, But DON’T Chill

Hillary Gordon | Jul 09, 2020
The Blockbuster vs. Netflix competition is instructive for the predicament COVID-19 (coronavirus) has posed…
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Customer Experience
Cybersecurity
Digitalization
Managed Services

Pre-COVID-19 Trends in the PAS Market

John Pettit | Jun 02, 2020
The insurance market was evolving quickly even before the COVID-19 outbreak. It’s worthwhile to…
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Core Technology
Coronavirus
Digitalization
Property & Casualty

Digital Will Outlast Corona

Colleen Wells | May 28, 2020
Sixty percent (60%) of insurance consumers don’t have the patience to fill out and…
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Core Technology
Customer Experience
Digitalization

Omnichannel is Alive and Necessary

Colleen Wells | May 13, 2020
COVID-19 has highlighted the absolute necessity of digital capabilities for insurers, but we’ve found…
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Customer Experience
Digitalization
Property & Casualty

2 More PAS Key Qualities

John Pettit | May 05, 2020
My previous blog post highlighted three key characteristics of a next-generation policy administration system.…
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Core Technology
Customer Experience
Digitalization
Property & Casualty

The Insurance Answer Now & Later

Colleen Wells | Apr 30, 2020
Shortly before COVID-19 (coronavirus) shut down industry meetups, I attended an enjoyable insurtech event…
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New Technology
Property & Casualty

Digital Dominates But Doesn’t Have to be Daunting

Colleen Wells | Apr 22, 2020
Digital was already a dominant trend in insurance (and across all verticals) and COVID-19…
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Coronavirus
Digitalization
Life, Pension & Annuity
Property & Casualty
Uncategorized

3 Modernization Options for Insurers

Colleen Wells | Apr 07, 2020
The global outbreak of coronavirus has exposed an unpleasant truth: many insurers are stuck…
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Core Technology
Coronavirus
Property & Casualty

P&C News Update #2: The Corona Conundrum

Colleen Wells | Apr 01, 2020
COVID-19 (coronavirus) has presented insurers of all types with a difficult conundrum – they…
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Coronavirus
Property & Casualty

Coronavirus Raises Workers’ Compensation Concerns

Michael Desrochers | Mar 26, 2020
The COVID-19 (coronavirus) outbreak is significantly impacting the workplace and the global economy, raising…
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Coronavirus
Workers' Compensation

The Dilemmas European Life Insurers Are Facing

Dave Punter | Mar 25, 2020
My previous blog post looked at some of the tough dilemmas European life insurers…
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Coronavirus
Life, Pension & Annuity

Coronavirus Forces Tough Decisions for European Life Insurers

Dave Punter | Mar 24, 2020
COVID-19 (coronavirus) is rampaging throughout Italy: more than 5,500 Italians are testing positive every…
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Coronavirus
Life, Pension & Annuity

How Severely Will Coronavirus Impact Life Insurers?

Jennifer Smith | Mar 23, 2020
COVID-19 (coronavirus) is wreaking havoc around the globe: non-essential businesses and schools have been…
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Life, Pension & Annuity

Major Coronavirus News for P&C Carriers

Colleen Wells | Mar 19, 2020
The COVID-19 (coronavirus) global outbreak is obviously a fluid and evolving situation: anyone who…
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Coronavirus
Property & Casualty

Hurry Up and Wait...for Your Self-Service Portal

Dave Punter | Mar 16, 2020
A recent article in Insurance Thought Leadership by Kseniya Yurevich notes that 88 percent…
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Core Technology
Customer Experience
Digitalization
New Technology

How Insurers Can Win Over Gen Z Consumers

Stuart Hayman | Mar 11, 2020
The “experience economy” is here. It’s fundamentally changing how companies go to market, influence…
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Core Technology
Customer Experience
Digitalization
Life, Pension & Annuity
New Technology

“The Kobe Bryant Effect” on Insurance

Eric Danis | Mar 10, 2020
The tragic deaths of NBA legend Kobe Bryant, his daughter and seven others in…
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Life, Pension & Annuity

The Cloud Concept That Many Miss

Ronen Ram | Mar 04, 2020
Ten years ago, the idea of moving to the cloud was just a vision…
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Core Technology
Digitalization
viruses

How Insurers Can Cope with Corona

Ori Sarid | Feb 25, 2020
Insurers around the globe are obviously closely watching the various outbreaks of the coronavirus.…
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Digitalization
Life, Pension & Annuity
New Technology
Property & Casualty

Generation Z’s Impact on Insurers

Stuart Hayman | Feb 13, 2020
This is the last post of my 3-part series on consumer expectations in our…
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Core Technology
Customer Experience
Digitalization
New Technology

Generation Z’s Uniqueness

Stuart Hayman | Feb 03, 2020
In my last blog post, Age isn’t just a number for insurers, we looked…
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Core Technology
Customer Experience
Digitalization
Life, Pension & Annuity
People working towards 2020

Top Five P&C Trends for 2020

John Pettit | Jan 20, 2020
“20/20” is synonymous with perfect vision. That reminds me that we here at Sapiens…
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Customer Experience
Digitalization
Property & Casualty

Top 10 Blog Posts of 2019

Hillary Gordon | Dec 30, 2019
What were our blog readers most interested in reading in 2019? See our most…
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Core Technology
Core Technology
Digitalization
Property & Casualty
Reinsurance
Sapiens Corporate

Business or IT Perspective?

Colleen Wells | Nov 20, 2019
Implementing a new policy administration system (PAS) is much more than an IT project.…
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Core Technology
Digitalization
Property & Casualty

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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Core Technology
New Technology
Property & Casualty

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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Core Technology
Digitalization
Life, Pension & Annuity
Property & Casualty

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
Cybersecurity
Digitalization
Life, Pension & Annuity
Property & Casualty

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

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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Core Technology
Customer Experience
Customer Experience
Digitalization
New Technology

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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Cybersecurity
Digitalization

#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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Core Technology
Property & Casualty

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
Life, Pension & Annuity
New Technology
Property & Casualty

#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

Sapiens Has Rebranded!

Yaffa Cohen-Ifrah | Feb 04, 2019
I’m excited to announce that Sapiens has completely rebranded! You’ll notice our website and…
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Sapiens Corporate

#3 Deadly Sin of P&C Policy Admin

John Pettit | Jan 02, 2019
Ignoring Future Requirements My previous blog posts in this series detailed two serious property and casualty…
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Core Technology
Property & Casualty

#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

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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Core Technology
Digitalization
New Technology
Property & Casualty

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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Cybersecurity
New Technology

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
Medical Malpractice
Property & Casualty

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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Core Technology
Cybersecurity
Digitalization
New Technology

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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Customer Experience
Digitalization
New Technology

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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Cybersecurity
Digitalization
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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Core Technology
Life, Pension & Annuity
Property & Casualty

Additional PoPI Challenges for Insurers in South Africa

Brian Heale | Mar 14, 2018
Our last blog post detailed serious challenges associated with the Protection of Personal Information…
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Core Technology
Digitalization

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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Core Technology
Digitalization

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

Better Communication is Key for the Reinsurer-Insurer Relationship

Craig Robinson | Jan 17, 2018
An inability to communicate effectively can obviously harm relationships. Renowned author and psychology professor,…
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New Technology

Insurers Making Interesting Use of Continuous Underwriting

Erica Moe | Dec 19, 2017
As noted in one of my previous blog posts, several factors are fueling the…
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Digitalization
Life, Pension & Annuity
New Technology

3 “Generation Z” Takeaways for Insurers

Yaffa Cohen-Ifrah | Nov 28, 2017
A relatively recent Automotive News article contained an interesting quote about a demographic shift that is…
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Customer Experience
Digitalization
New Technology

Real Challenges to RPA Success

Jeff Denham | Oct 04, 2017
My previous blog post demonstrates that Robotic Process Automation (RPA) can be a real…
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New Technology

The GDPR “Answer” for Insurers

Richard Walker | Sep 26, 2017
Insurers will be able to adjust their organisations for EU General Data Protection Regulation…
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New Technology

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

A Crucial Step for Insurers Preparing for Artificial Intelligence

Alex Zukerman | Jun 21, 2017
AI is HOT Artificial intelligence (AI) is HOT right now. In 2016, AI and…
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Digitalization
New Technology

5 Characteristics of a Good Pre-Integrated Digital Suite

Alex Zukerman | Apr 27, 2017
The previous blog post in this series established the importance of a pre-integrated digital…
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Core Technology
Digitalization

Problems with a “Best of Breed” Software Approach

Erica Moe | Apr 13, 2017
A best of breed approach offers some advantages for insurers. The ability to obtain…
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Core Technology
Digitalization

Insurers’ Digital Readiness Needs Improvement

Alex Zukerman | Mar 28, 2017
A relatively recent survey of CIOs and IT architects at leading, global insurance companies…
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Core Technology
New Technology

4 Social Media Pro Tips for Insurers

Yaffa Cohen-Ifrah | Feb 01, 2017
The following are some pro tips from our NEW white paper, Successful Social Media…
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Digitalization
New Technology

Harness Social Media to Win Over Millennials

Yaffa Cohen-Ifrah | Jan 25, 2017
Millennials, people born between the early 1980s and the early 2000s (also known as…
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Digitalization
New Technology

Social Media Is the Present and the Future

Yaffa Cohen-Ifrah | Jan 18, 2017
It’s not news to report that we are living in a connected, digital world.…
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Digitalization
New Technology

3 Ways U.S. Insurers Can Prepare for President Trump

Eric Danis | Jan 04, 2017
With President-elect Donald Trump’s inauguration quickly approaching, U.S. health insurers are increasingly wondering how…
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Core Technology
Customer Experience
New Technology
Dancer

Product Innovation: Winning Strategy for MGAs

Richard Walker | Nov 21, 2016
My previous blog post, MGAs: The Gatekeepers of Specialist Insurance, discussed the pressures on…
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Core Technology

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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Customer Experience
New Technology

Two Steps for Insurer Success in the IoT Space

Yaffa Cohen-Ifrah | Jun 30, 2016
Although the IoT era has already begun, some insurers are still finding it difficult…
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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

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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Customer Experience
Property & Casualty

Is BPO the Answer for Closed Books?

Stuart Hayman | Dec 16, 2014
Our last blog post discussed how organizational strategies do not always align with the…
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Book Consolidation
Core Technology
Life, Pension & Annuity

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