» Sapiens PolicyMaster

While general insurance core functionality has not fundamentally changed, it has evolved and expanded its accessibility. Digital compatibility and integration are necessary to ensure the availability of individual business processes, within the digital business model, across the core platform.

Our Solution

Sapiens PolicyMaster for Property & Casualty (formerly called IDIT Policy) is part of Sapiens IDITSuite for Property & Casualty and comes pre-integrated with the Sapiens DigitalSuite for Property & Casualty. It is easily integrated with existing and external systems and applications. PolicyMaster manages the end-to-end policy administration lifecycle of an insurance contract from initial quote, through rating and policy issuance. It also features a complete range of policy issuance and amendment capabilities.

Agents, underwriters and customers use PolicyMaster to quote, issue and administer policies. It provides comprehensive policy lifecycle support for all P&C lines of business.

Sapiens PolicyMaster for Property & Casualty is available as a standalone management system, or as part of IDITSuite.

Business Benefits

Automated and end-to-end, the system eliminates manual processes and increases accuracy, which reduces costs and effort
Using open standards, and innovative tools and capabilities, the system enables insurers to quickly respond to changing business needs and regulations. This results in quick time to market and increased revenue streams
Modern and automated management enables insurers to support new sales channels, shorten the deployment of new and innovative products, and support global operations. This will enhance insurers’ competitive advantage

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