Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a Tier 1 insurer in Africa.
The partnership focuses on enabling the insurer to migrate its data platform to the cloud, a crucial step in its digital transformation strategy.
This migration aims to consolidate data, enhance productivity, and offer a comprehensive enterprise view.
By leveraging Sapiens DataSuite, the insurer now has a robust data platform that provides advanced reporting and analytics, supporting better business decisions and improved performance.
Sapiens offers a suite of solutions tailored to the insurance sector, including Sapiens Tia Enterprise, ReinsuranceMaster, and now DataSuite. Sapiens DataSuite is designed to produce actionable insights and help insurers make data-driven decisions.
With a modular structure, it enables insurers to derive maximum value from their data, ensuring a secure and scalable infrastructure.
Sapiens’ expertise in research and development has positioned it as a leader in FinTech and InsurTech, helping clients worldwide implement cloud-based solutions that support long-term growth.
The insurer, which has been using Sapiens Tia Enterprise since 2006 and later adopted ReinsuranceMaster, saw DataSuite and the shift to cloud computing as essential steps in achieving a future-ready platform.
The enhanced capabilities provided by DataSuite allow the insurer to process and load large volumes of data efficiently—over 50bn records within 40 hours, along with a daily incremental load of more than 70m records.
This powerful infrastructure will support the company’s reporting and analytics needs, with a central data lake available to the entire organisation for insights, AI-powered decision-making, and business intelligence.
The insurer expressed satisfaction with the platform’s scalability and future-readiness, emphasising the transformation’s value in modernising its data infrastructure.
Sapiens’ expertise in cloud technologies has given the insurer an advantage, enabling them to leverage cutting-edge technologies that yield tangible business outcomes.
Roni Al-Dor, president and CEO of Sapiens, expressed his excitement about the project: “We are thrilled to have played a pivotal role in our longtime client’s digital transformation journey and to facilitate the successful migration of their data platform to the cloud. Sapiens’ in-depth understanding of the insurance market enriches our solutions with the innovative capabilities our customers need to drive efficiency, agility, and growth.”
Sapiens DataSuite is a powerful data management and business intelligence solution specifically crafted for the insurance market. Its modular and adaptable structure allows insurers to transform data into valuable insights, promoting smarter, data-driven decisions.
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