Insurers aim to gain a competitive advantage and reduce significant amounts of IT spending used to maintain legacy systems, while bringing new products to market faster and more affordably. The obvious approach is a shift to cloud-based software solutions that can leverage on-demand hardware, software and human resources, and even offer pay-as-you-go pricing models. The most effective outcome will result from a fully integrated, cloud-based, software as a service (SaaS), comprehensive offering.
These suites and solutions run with a flexible, SaaS pricing model, and are vendor-agnostic. This starts at point-of-sale and covers the entire insurance lifecycle. Our cloud deployment includes a robust and fully integrated agency and commission management system to support complex hierarchies and commission structures. Sapiens cloud capabilities support tactical product launches within months. They are performance-tested and benchmarked to 10 million policies.
Sapiens cloud deployment methodology supports pre-integration with some of the industry’s leading third-party packaged solutions, such as content/print management, eSignature and reinsurance. Sapiens offers complete system integration and project management services to provide insurers with a single URL to access a fully integrated solution. Sapiens can leverage our partnerships, or integrate with the insurer’s enterprise, or preferred third-party solutions.
Sapiens’ cloud technology offers the highest levels of security and uses the Microsoft Azure Cloud framework.