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  1. Home
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  3. SAP Insurance Platform
Logo of SAP Insurance Platform

SAP Insurance Platform

bySAP
in
4.0

Overview

Product Information on SAP Insurance Platform

Updated 13th October 2025

What is SAP Insurance Platform?

SAP Insurance Platform is a software designed to support insurance processes through digitalization and automation. The software provides capabilities for policy administration, claims management, billing, and regulatory compliance. It enables integration with other business systems, allowing insurers to streamline operations and enhance data accuracy across multiple channels. The software aims to address challenges related to process complexity and manual handling by enabling end-to-end workflow management, data analytics, and real-time reporting. Its features focus on improving efficiency in tasks such as underwriting, customer service, and financial reporting, and supports configuration for a variety of insurance products. Through its modular architecture, the software is intended to facilitate scalability and flexibility for insurance organizations.

SAP Insurance Platform Pricing

SAP Insurance Platform software typically uses a subscription-based pricing model, where fees are calculated based on user seats, usage, or selected modules. Pricing can vary according to the scale of implementation and may include recurring charges for support, maintenance, and additional features or integrations. Custom quotes are often provided depending on customer requirements and deployment scope.

Overall experience with SAP Insurance Platform

Head of Operations/IT
50M - 250M USD, Insurance (except health)
FAVORABLE

“Fair license negotiation and good liason with implementation partner”

4.0
Jun 11, 2019
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 13th August 2025

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

Updated 13th August 2025
Company type
Public
Year Founded
1972
Head office location
Walldorf, Germany
Number of employees
10001+
Annual Revenue
30B+ USD
Website
http://www.sap.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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Peer Discussions

SAP Insurance Platform Reviews and Ratings

4.0

(4 Ratings)

Rating Distribution

5 Star
0%
4 Star
100%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Head of Operations/IT
    50M-1B USD
    Insurance (except health)
    Review Source

    Fair license negotiation and good liason with implementation partner

    4.0
    Jun 11, 2019
    - 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 Operations/IT
    50M-1B USD
    Insurance (except health)
    Review Source

    Fair license negotiation and good liason with implementation partner

    4.0
    Jun 11, 2019
    - 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
  • Read All 4 Reviews

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SAP Insurance Platform Likes & Dislikes

Like

- 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

Like

- 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

Like

- 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

Reviewer Insights for: SAP Insurance Platform