PriyaPatel
TLDR:
- Sapiens International Corporation has launched new performance upgrades for its Sapiens CoreSuite for Property & Casualty, specifically for the North American insurance market.
- The V12.0 version offers key functional and performance improvements, enhanced security features, and greater support for data consistency and AI integration.
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has recently unveiled the latest version of its Sapiens CoreSuite for Property & Casualty, tailored for the North American insurance market. This new product release focuses on delivering key functional and performance upgrades, enhanced security features, and improved support for North American insurers facing increased demands for data consistency and AI integration.
As a leader in InsurTech solutions, Sapiens aims to empower insurance companies to modernize and innovate their core systems. The newly launched V12.0 version of Sapiens CoreSuite for Property & Casualty, part of the Sapiens Insurance Platform, offers insurers better billing and database storage efficiency, expanded functionality for syncing customer data, and improved formula capabilities for policy and billing operations. It seamlessly integrates with other key products like Sapiens ClaimsPro, PolicyPro, and BillingPro, creating a more cohesive insurance platform.
Notable upgrades in this version include advanced reporting capabilities for claims data, improved deductible tracking, and expanded support for correspondence notes. The inclusion of Hi-Marley™ text support enhances communication efficiency in claims management. The Sapiens CoreSuite for Property & Casualty caters to the diverse needs of North American insurers by providing solutions for policy administration, billing, and claims. It helps insurers respond quickly 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, emphasized the value-added enhancements of the new version, reflecting the company’s strategy to support customers with consistent, AI-ready data. The release accelerates innovation and value delivery, helping insurers overcome data migration challenges and enhance operational efficiency. Sapiens’ commitment to advancing its solutions underscores its dedication to meeting the evolving needs of the insurance industry.
