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You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
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This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a full download of the vendor profile, the solution profile and all survey response information uploaded by the vendor in connection with their VendorMatch directory listing. Note that the directory listing requires only check box responses where the RFX response is more comprehensive.
To learn more about subscribing to our service options, please contact us here
close
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a full download of the vendor profile, the solution profile and all survey response information uploaded by the vendor in connection with their VendorMatch directory listing. Note that the directory listing requires only check box responses where the RFX response is more comprehensive.
To learn more about subscribing to our service options, please contact us here
Overview
The Sapiens CoreSuite for Life & Annuities (formerly known as “Sapiens ALIS”) is our flagship solution designed to provide excellence in administration of insurance business, facilitate digital transformation and fast time-to-value for digital strategies, and create greater efficiency via legacy consolidation. This end-to-end, core policy administration solution supports the complete policy lifecycle across a wide variety of products in the life, pension, annuity and medical industries. The
Sapiens CoreSuite for Life & Annuities provides an optimized user-interface and real-time access to centrally managed data from any device. It delivers coherent data across all applications and channels, with a common repository of business rules and a powerful formula engine providing detailed information at the most granular level for internal and external use.
The Sapiens Platform for Life & Annuities offers excellence in the administration of the insurance business and creates greater efficiency via legacy consolidation. The platform is comprised of a core suite (including illustration, underwriting and eApp); advanced analytics and a full digital suite.
CoreSuite offers full pre-integration to the Sapiens DigitalSuite for Life & Annuities, which includes the Sapiens DigitalHub for Life & Annuities (API Layer and Digital Studio) that enables openness and connectivity with partners; Sapiens AgentConnect for Life & Annuities (formerly Sapiens PORTAL) and Sapiens CustomerConnect for Life & Annuities (formerly Sapiens PORTAL) portal solutions, specifically designed for the L&A market; and Sapiens PartnerHub, which makes third-party technology and insuretech solutions available to insurers and their partners.
Key Features
With CoreSuite, you will benefit from:
- Simplicity and Peace of Mind – DevOps tools enable installation of the CoreSuite in its entirety via a single click, as well as comprehensive logging and monitoring utilizing common, open-source platforms and a framework for the simple setup of test cases; and an established insurance testing library.
- A single, unified system – CoreSuite enables insurers to administer indiviual, group and employee benefits, and support multiple lines of business for life, annuities, protection, investment and savings, pensions and medical products from a single, unified system. We cover all aspects of the life insurance value chain.
- Digital Transformation and Fast Time-To-Value – Featuring full pre-integration to the cloud-based Sapiens DigitalSuite including agent and consumer portals, data warehouse and Sapiens’ advanced analytics solution. Sapiens CoreSuite enables insurers to rapidly go through business digital transformation and achieve fast time-to- value for digital strategies.
- Modular, Business Service-Led Propositions – This comprehensive suite has been adopted by leading insurers globally and offers a modular, business service-based proposition, covering all aspects of the life insurance value chain.
- Seamless Collaboration Via Best Practices – The Smart Suite DevOps tool ensures speed to market via pre-configured product libraries and best practices-based implementation, leveraging Sapiens' experience across multiple geographies. The featured best practices, methodologies and business processes will result in seemless colaboration with customers and simplified modifications.
- Increased Loyalty Via Superior Customer Experience – CoreSuite’s event-driven architecture and client-centric approach provides a 360-degree view of every customer and records every customer-related transaction in real- time, so that your agents are always informed and your customers can access accurate account information at all times. Data collection is further analyzed for operational improvements, cross-sales and superior customer support.
- Designed for Global Operation – Supported by Sapiens global presence and regional insight, Sapiens CoreSuite is designed for multi-dimension and global operation, with seamless multi-brand, multi-regulation, multi-currency and multi-language capabilities.
Key Benefits
- A single, unified system enables insurers to simplify work processes for increased efficiency and offers an intuitive user experience
- Quick business digital transformation and fast time-to-value for digital strategies, via full pre-integration with Sapiens DigitalSuite
- Simple roll-outs require no coding for new, innovative product offerings and hybrid designs combining life, annuity and medical products. This increases customer engagement
- End-to-end or modular deployment offers the flexibility to support every step of the policy lifecycle via deployment as a complete suite, or individual components
- Advanced DevOps provide deployment and system health monitoring tools across all modules
Product/Service details
SOLUTION OR SERVICE TYPE