Property and casualty (P&C) insurers face pressure to evolve legacy-based systems into agile, modular, end-to-end solutions that support advanced automation capabilities. Customers, as well as agents, increasingly demand digital solutions across all devices for increased convenience and efficiency. The need to shift from legacy to automated systems in a competitive market has never been greater.
Sapiens CoreSuite for Property & Casualty (formerly called Adaptik and StoneRiver Stream Suite) is comprised of three fully integrated, core components that can also be deployed stand-alone:
Sapiens PolicyPro for Property & Casualty (formally called Adaptik Policy) is used by agents, underwriters and customers to quote, issue and administer policies. It includes integration with third-party systems and provides comprehensive policy lifecycle support for all P&C lines of business.
Sapiens BillingPro for Property & Casualty (formally called Adaptik Billing) enables P&C carriers to integrate with third-party systems and data repositories, benefit from best-in-class usability and automate the entire billing lifecycle. These offerings improve policy administration and billing for commercial, personal and specialty lines of business.
Sapiens ClaimsPro for Property & Casualty (formally called StoneRiver Stream Claims) is an underlying platform that prepares P&C carriers to adapt to new business requirements. It offers intelligent, rules-driven workflow with effective claim assignment, ensuring faster cycle times, for lower expenses and settlement costs.
CoreSuite is pre-integrated with additional components that can be selected, including business intelligence, reinsurance and portal solutions (customer and agent), as well as various interfaces.