Sapiens Launches AI-Driven Insurance Platform to Streamline Operations

On June 19, 2024, Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, launched an advanced AI-driven platform designed to enhance insurers’ offerings and operational efficiency.

Sapiens introduced its cutting-edge Insurance Platform, which integrates digital engagement, data intelligence, core business processing, and advanced machine learning and generative AI (GenAI) capabilities. This platform is set to revolutionize how insurers operate, enabling seamless innovation and smart, data-driven decision-making.

The platform targets insurance companies worldwide, aiming to streamline their operations and help them stay competitive in a rapidly evolving market.

For insurance professionals, this new platform offers a game-changing solution to enhance efficiency and improve customer service. By leveraging AI and advanced technologies, insurers can reduce operational costs, speed up processes, and provide more accurate and tailored services. Sapiens' collaboration with Microsoft ensures the platform utilizes the latest AI technologies, further boosting its capabilities and benefits.

Roni Al-Dor, President & CEO of Sapiens, emphasized the transformative potential of the platform, stating, “Sapiens’ next-generation enhanced platform empowers our customers to leverage AI across their business processes, enabling them to stay ahead, drive growth, and exceed customer expectations.”

Karlyn Carnahan, Head of Celent’s North American insurance practice, and Patrice Amann, regional leader of financial services at Microsoft, both highlighted the platform's ability to streamline operations, improve efficiency, and set a new standard for innovation in the insurance industry.