Sapiens is present in 5 markets with 6 products. Sapiens has 31 reviews with an overall average rating of 4.
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 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 1 product in Non-Life-Insurance Platforms, Europe market
P&C Insurance Core Platforms, North America (Transitioning to SaaS P&C Insurance Core Platforms, North America)
A P&C insurance core platform is a single or modular solution that offers a complete system of record for policy issuance, billing and claims management for multiple lines of business. It also incorporates components to deliver customer, employee or partner experiences; data and analytics; integrations; and access to third-party technology solutions. * Policy management, which provides full, end-to-end policy management and issuance functionality — including quoting, rating, underwriting, policy generation and statistical reporting * Billing management, which supports the entire insurance billing and collections cycle, including 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 property and casualty (P&C) insurers, from first notice of loss (FNOL) through settlement and reporting.
Sapiens has 2 products in P&C Insurance Core Platforms, North America (Transitioning to SaaS P&C Insurance Core Platforms, North America) market
Vertical Industries - Others
Reviews for 'Vertical Industries - Others'
Sapiens has 1 product in Vertical Industries - Others market