Sapiens International Corporation, a global provider of software solutions for the insurance industry, has launched the latest version of its Sapiens CoreSuite for Property & Casualty, specifically for the North American insurance market.
This new product release aims to deliver key functional and performance improvements, enhanced security features, and provide greater support to North American insurers facing growing demands for data consistency and AI integration.
Sapiens offers a broad range of InsurTech solutions designed to empower insurance companies to modernise and innovate their core systems.
With expertise in the global insurance sector, Sapiens provides AI-driven, future-proof platforms that enhance operational efficiency.
The newly launched V12.0 version of Sapiens CoreSuite for Property & Casualty is part of the Sapiens Insurance Platform. The release offers insurers better billing and database storage efficiency, expanded functionality for syncing customer data, and improved formula capabilities for policy and billing operations.
It also integrates seamlessly with other key products, such as Sapiens ClaimsPro, PolicyPro, and BillingPro, providing a more cohesive insurance platform.
Notable upgrades in this version include advanced reporting capabilities with near real-time access to claims data, improved deductible tracking, and expanded support for correspondence notes.
Additionally, the integration of Hi-Marley™ text support enhances communication when cases are reassigned, significantly improving claims management efficiency.
The Sapiens CoreSuite for Property & Casualty is designed to meet the diverse needs of North American insurers by offering solutions for policy administration, billing, and claims. It helps insurers respond faster to market shifts, customer expectations, regulatory updates, and competition by leveraging automation, reinsurance, data analytics, and digital applications.
Roni Al-Dor, Sapiens president and CEO, commented on the release, “This latest release accelerates the pace of innovation and value delivery to our customers. We’ve improved the consistency of our data, to help insurers leap the hurdles of data migration and ensure their data is consistent and AI-ready. The value-added enhancements of the new version reflect our long-term strategy to leverage corporate investments in support of our customers.”
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