Overview
Product Information on SAP Insurance Platform
Updated 13th October 2025
What is SAP Insurance Platform?
SAP Insurance Platform Pricing
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”
- 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
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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
Company type
Public
Year Founded
1972
Head office location
Walldorf, Germany
Number of employees
10001+
Annual Revenue
30B+ USD
Website
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- 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
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