Sapiens is present in 6 markets with 7 products. Sapiens has 51 reviews with an overall average rating of 4.5.
Application Development
Application Development refers to products and services that support the design, creation, deployment, and maintenance of software applications across web, mobile, desktop, and cloud environments. This category includes markets that support organizations to build scalable, secure, and user-centric applications while evolving through agile methodologies, automation, modern development practices, and continuous integration and delivery.
Sapiens has 1 product in Application Development market
Decision Intelligence Platforms
Gartner defines decision intelligence platforms (DIPs) as software to create decision-centric solutions that support, augment and automate decision making of humans or machines, powered by the composition of data, analytics, knowledge and AI. DIPs enable enterprises to collaboratively design and explicitly model decisions, orchestrate decision flow during execution at scale, and enable monitoring and governance of decision quality, while learning from actions and outcomes. Features can include a combination of rule- and logic-based techniques, machine learning, real-time event stream processing, business intelligence, multimodal data and analytics preparation, natural language, graph technology, optimization, simulation or AI agents for decision intelligence. DIPs provide a solution to enhance how organizations make decisions, whether by humans or machines, individually or collectively. They address the growing challenge of making timely and accurate decisions in volatile, uncertain, complex and ambiguous ecosystems, for more demanding customers in disruptive, competitive and regulated markets. DIPs help by creating executable decision models that improve decision service composition and all-source intelligence to achieve better situational awareness, better recommendations or autonomous actions, tailored to specific decisions and outcomes. They can reduce the risk of poor decisions, allow organizations to anticipate change and respond more swiftly to opportunities at scale.
Sapiens has 1 product in Decision Intelligence Platforms market
Insurance Claims Management System
Insurance Claims Management system is a software application that helps insurance companies manage and evaluate claims from their customers. It helps in organizing, tracking and processing claims more efficiently, reducing manual work and improving overall productivity. The key features include investigating submitted claims by capturing relevant details like medical reports, repair estimates and settling by issuing payments to claimants. It uses a workflow engine to route claims between users based on the claim categorization and assignment rules set up and then generate reports to help with analysis and decision making. By implementing claims management system, insurance companies can reduce claims management costs, reduce fraudulent claims and enhance customer experience.
Sapiens has 1 product in Insurance Claims Management System market
Life Insurance Policy Administration Systems, Europe
Gartner's view of the market is focused on transformational technologies or approaches delivering on the future needs of end-users. It is not focused on the market as it is today. Gartner defines the Life Insurance Policy Administration Systems market as the purchase of Policy Administration Systems (PAS) that enable life insurers or pension providers to manage the entire life cycle of life insurance policies or pension products. In this research, we will use the term 'life insurance policy administration systems' to cover life insurance and pension products. Some of these systems will focus on specific insurance segments only, such as individual life or group pensions, while others are capable of managing different lines of business (LOBs).
Sapiens has 1 product in Life Insurance Policy Administration Systems, Europe market
Non-Life Insurance Core Platforms, Europe
Gartner defines the non-life-insurance platform market in Europe as composed of offerings that support insurers through a combination of core systems and key technologies focused on customers, partners, data or things. These core platforms include elements such as: Core systems, including core modules for: Policy management, which provides full, end-to-end policy management and issuance functionality — including (but not limited to) quoting, rating, underwriting, policy generation and statistical reporting. Billing management, which supports the entire insurance billing and collections cycle, including (but not limited to) functionality such as electronic bill presentment and payment (EBPP). Claims management, which combines claims administration and business process management (BPM) to support every phase of the end-to-end claims process for non-life insurers, from first notice of loss (FNOL) through settlement and reporting.
Sapiens has 2 products in Non-Life Insurance Core Platforms, Europe market
SaaS P&C Insurance Core Platforms, North America
Software as a service (SaaS) property and casualty (P&C) insurance core platforms enable insurers to support the administration of a range of P&C insurance products. They provide full product life cycle support by offering functionality, applications, services and content in a secure, cloud-based environment, offered as a service using subscription pricing. They encompass a single predefined and marketed core solution, either as a suite of preintegrated modules or a single application, supporting policy administration, billing and claims management. They also incorporate additional components to deliver customer, employee or partner experiences; data and analytics; integrations; and access to third-party technology solutions. SaaS P&C insurance core platforms enable P&C insurance companies to manage and administer the entire life cycle of insurance policies and scope of products. They are mission-critical systems for insurance companies, foundational for digital optimization and enablers for digital transformation. Depending on the vendor, core and noncore modules can be purchased and implemented separately or as a suite of tightly coupled modules in the cloud. In addition, a core system typically integrates with other information systems, such as general ledgers, CRM, payment gateways, data lakes and third-party data sources, to support the end-to-end operations of the insurer.
Sapiens has 1 product in SaaS P&C Insurance Core Platforms, North America market