Sapiens International Corporation, a leading global provider of
software solutions for the insurance industry, with a growing
presence in the financial services sector, has announced the general
availability of Sapiens INTELLIGENCE, a business intelligence and
advanced analytics solution specifically designed for insurers.
Sapiens highlighted the new offering at The 2016 Life Insurance
Conference in Las Vegas.
Sapiens INTELLIGENCE is designed to help today’s insurers, who
are struggling to glean actionable insights from mountains of data as
they formulate strategies and best determine which new products to
bring to market. Integrated with both Sapiens IDIT (P&C) and
Sapiens ALIS (L&A), Sapiens INTELLIGENCE is based on the advanced
technology of SAP’s analytics platform. It empowers business users
to leverage self-service analytics to rapidly draw conclusions and
insights from raw data.
Sapiens INTELLIGENCE is comprised of two modules:
Sapiens SmartStore is a centralized data hub that
houses and unifies data for all insurance reporting and analytics. It
gathers data from Sapiens’ operational repository through a
pre-defined ETL and intelligently transforms it into an
insurance-domain set of business logical models, specifically
designed for complex analytics.
Sapiens InfoMaster, an insurance-specific tool
for enhanced decision-making, is Sapiens’ set of analytical
applications that offers a wide range of advanced data visualization
and analysis capabilities through reporting, dashboards, mobile
experience and data discovery. Incorporating Sapiens’ best
practices and three decades of experience, Sapiens InfoMaster helps
insurers achieve greater efficiency and immediately begin reaping the
benefits of analytics.
“Sapiens has mined our three decades of experience to create an
innovative and fully functional analytics solution that is easily
tailored to meet clients’ specific needs,” said Roni Al-Dor,
Sapiens president and CEO. “Insurers will be able to unlock their
silos of information and synchronize disparate data-points, resulting
in data-driven decision-making that will provide tangible business
benefits.”
With the easily extendable Sapiens INTELLIGENCE, insurers will
benefit from:
- Pre-integration between the two modules, offering insurers complete analytics capabilities
- Consistency and coherency with Sapiens’ solutions upgrade paths, lowering the cost of ongoing maintenance
- A pre-defined extraction and ETL layer that seamlessly and easily transforms transactional data into an analytical data model, reducing implementation costs
- Easy-to-use, modern tools that are based on SAP’s innovative analytics platform, providing a top-notch user experience
- A rich library of pre-defined reports and dashboards
- Immediate connectivity to other corporate data warehouses or
analytical tools, so insurers can preserve their current tools and
applications
Sapiens offers core, end-to-end solutions to the global general
insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision
management software. The company has a track record of over 30 years
in delivering superior software solutions to more than 190 financial
services organizations. The Sapiens team of over 1,600 professionals
operates through our fully-owned subsidiaries in North America, the
United Kingdom, EMEA and Asia Pacific.
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