Overview of Sapiens Closed Books
Sapiens Closed Books – Effectively addressing the administration of legacy portfolio challenges
Sapiens Closed Books is a proven solution for life and pension (L&P) insurers that provides a modern and cost-efficient platform for the administration of insurers’ legacy portfolios. Whether the platform is chosen as part of an “Old-Co/New-Co” strategy or as an Old-Co consolidation platform, Sapiens Closed Books is ideal for addressing the administration of legacy portfolio challenges shared by most insurers.
Sapiens Closed Books provides a full, end-to-end legacy portfolio-focused system that is capable of dealing with missing data, old legislation and a wide range of product types. It can also process top-ups or new business, if required. This purpose-built solution is designed to significantly cut the costs that are commonly associated with legacy platforms.
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