Many property and casualty (P&C) providers are still using legacy systems or disparate, unintegrated systems. This makes it difficult for insurers to cope with today’s formidable challenges including increased demands from customers and agents for digitised experiences and complex changing regulations. Insurers need a solution that will enable them to showcase their market differentiators and focus on their core business strengths.
The Sapiens IDITSuite for Property & Casualty (formerly Sapiens IDIT) is a component-based, standalone software solution suite that offers policy, billing and claims and forms the core of the Sapiens Platform for Property & Casualty. IDITSuite supports all end-to-end core operations and processes for the non-life P&C market from inception, to renewal and claims. This pre-integrated, fully digital suite offers customer and agent portals, business intelligence and more. IDITSuite enables insurers to expand their offerings by testing new lines of business, products and services using our flexible product factory.
The suite is modular, or can integrate with your ecosystem’s components. IDITSuite for Property & Casualty includes multiple lines of business in one policy for multiple insured objects and assets. It can support corporate agreements and master policy structures.
IDITSuite is designed with growth and change in mind, with extensive multi-company, multi-branding, multi-currency and multi-lingual capabilities. The IDITSuite management system is built on open technology and can be used on desktops, laptops and tablets, as well as smartphones (requiring a mobile portal).
A product-centric application with advanced, online dashboards, IDITSuite provides a 360-degree customer and agent view. It is flexible, with a user-configurable workflow, contact management (CRM), configurable business rules and an integration platform. A consumer, agent or back-office user can now more easily comply with regulations requiring a signed customer document.