Sapiens PolicyPro for P&C

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Overview

Sapiens PolicyPro for Property & Casualty (formerly Adaptik Policy) is part of the Sapiens CoreSuite for Property & Casualty and is a scalable and configurable quote, submission and policy management system. PolicyPro is used by agents, underwriters and customers to quote, issue and administer policies, including integration with third-party systems.

PolicyPro provides comprehensive policy lifecycle support for all P&C lines of business. It offers support for internal users, as well as agent and direct-to-consumer channels. It provides role-based processing, quick quotes and full application data capture flows, as well as configured, straight-through processing. Complete quote, issue, bind and service functionality includes “what-if?” scenario building.

The PolicyPro solution offers carriers full policy lifecycle management, including new business issuance, changes, cancellations, reinstatements, renewals and comprehensive support for out-of-sequence transactions. Complete historical views of policy information include full audit capability.

Additional extension components include Customer ManagerPro – which provides agents and underwriters with a complete customer picture at a glance – and Work ManagerPro – which enables P&C insurers to track and manage work items across the enterprise for better customer service and improved collaboration between agents and underwriters.

Key Features

Highly configurable solution with business user designed tools.

Designed for all lines of business (personal, commercial, workers comp, Specialty/Surplus)

Out-of-the-box templates for most lines of business.

Key Benefits

Automated and end-to-end, the platform eliminates manual processes and increases accuracy, which reduces costs and effort

Enables quick responses to changing business needs and regulations for speed to market and increased revenue streams

Modern and automated management enables insurers to support new sales channels, shorten the deployment of new and innovative products, and support global operations, increasing their competitive advantage

Product/Service details

Geographic Availability
North America