As consumer and market demands become more complex, insurance carriers seek an all-encompassing digital approach with integrated components from a wide variety of external service providers and third parties. They require solutions that will ease the process of connecting with these external entities. Simplifying the carrier’s integration between its core system and external providers via an easy-to-use, well-mapped API layer removes the complexity of this continually growing digital ecosystem.
Sapiens DigitalHub for Life & Annuities (API Layer and Digital Studio) facilitates an open-communication, API-based platform that enables carriers to interact with insuretech companies, ecosystem technology providers and business partners. By enabling seamless interaction with any service under any technology, Sapiens’ open architecture ensures that providers will easily choose the building blocks they need. They’ll be able to seamlessly integrate all elements within their insurance ecosystem, to succeed today and prepare for the future.
The API layer simplifies the complexity of the integration with different parties, including Sapiens CoreSuite for Life & Annuities and exposes consumable APIs that can be easily used by the different channels and the carriers’ partners. The layer includes a mapping tool between CoreSuite and Sapiens DigitalSuite for Life & Annuities’ data models, so that a data model and APIs can be constructed for the specific journey. This layer is also responsible for the orchestration of core services and powered by modern DevOps automation and tools.
Sapiens’ data management, digital micro-engines, micro-apps and productivity tools (digital studio, automated decisioning, etc.) offer insurers full digital enablement.
