As consumer and market demands grow more complex, insurance providers seek an all-encompassing digital approach with integrated components from a wide variety of external service providers and third parties. For this to succeed, they need solutions that will ease the process of connecting with these external entities. Simplifying the provider’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 & Pension (API Layer and Digital Studio) facilitates an open-communication, API-based platform that enables insurance providers 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 the policy administration system (PAS) and exposes consumable APIs that can be easily used by the different channels and the providers’ partners. The layer includes a mapping tool between Sapiens CoreSuite for Life & Pension and Sapiens DigitalSuite for Life & Pension 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.