Overview
Product Information on SAP Insurance Platform
What is SAP Insurance Platform?
SAP Insurance Platform Pricing
Overall experience with SAP Insurance Platform
“Improved Customer Experience and Insights Noted Alongside High Complexity Challenges”
About Company
Company Description
SAP was founded in 1972 and is headquartered in Walldorf, Germany. The company employs over 105,000 people globally and develops software solutions for enterprise resource planning (ERP) and related business functions. SAP’s early products, SAP R/2 and SAP R/3, were widely adopted for managing core business processes. Its current ERP platform, SAP S/4HANA, uses in-memory computing to support data-intensive operations and integrates capabilities such as artificial intelligence and machine learning. SAP offers a portfolio of software applications that support various business functions across industries. These applications are designed to operate on a unified digital platform. As of 2025, SAP reports over 230 million cloud users and provides more than 100 solutions. The company’s offerings are used by organizations to manage finance, human resources, procurement, supply chain, and other operational areas.
Company Details
Do You Manage Peer Insights at SAP?
Access Vendor Portal to update and manage your profile.
Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: SAP Insurance Platform
SAP Insurance Platform Likes & Dislikes
1. Product and quality service 2. Improved customer experience 3. IoT and data-driven insights
- Out of the box example content; this facilitates requirement discussion with business owners significantly and allows for a change what needs to be changed approach rather than an write down all your requirements approach - active user group which fosters future development - Modular concept which allows for a high number of releases per year
The product meets all business requirements and Collaboration with SAP can be pragmatic, despite the size of the company
high complexity and cost
- Workflow Management is outdated and not very powerful - Response to improvement requests seems slow at times
Development cycles take too long
Top SAP Insurance Platform Alternatives
Peer Discussions
SAP Insurance Platform Reviews and Ratings
- Engineer<50M USDHardwareReview Source
Improved Customer Experience and Insights Noted Alongside High Complexity Challenges
It provides digital transformations, improves customer experience, and increases profitability through AI-driven analytics, IoT integration, and automated management. - Head of Operations/IT50M-1B USDInsurance (except health)Review Source
Fair license negotiation and good liason with implementation partner
- Quick and comprehensive answers to evaluation questionnaire - Good "Prove of Concept" Phase - Flexible economic terms for project realisation - Good range of implementation partners and good relationship with vendor - Active User Group Community, but slow to implement specific requests - Head of Software Development PolicyManag10B+ USDInsurance (except health)Review Source
Professional insurance-standard on which you can build up very good
At the beginning of our use in 2011 there were still some errors in the standard and abnormalities in the performance, but this has been solved within the last years. Actually, the SAP-standard supports all business needs in a good way, only the GUI (on-premise use) could be more modern - Head of Department IT50M-1B USDInsurance (except health)Review Source
The implementation was basically simple, but required a lot of work in one area.
We have had a very reliable partnership with SAP for many years. SAP has speed deficits in the implementation of national legal requirements. - Product-Manager50M-1B USDInsurance (except health)Review Source
Useful back-office applications
Many years of experience with different modules and further development for S/4-HANA; Reliable Applications; High price