Clever insurance coverage software program agency Sapiens has revealed the supply of its options within the Microsoft Azure market.
{The marketplace} gives purposes and providers and Sapiens’ prospects can now make the most of the Azure cloud platform.
As well as, Sapiens’ strategic alignment with Microsoft Azure underscores its dedication to enabling the insurance coverage trade’s digital transformation.
Through the use of the Azure AI instruments, Sapiens empowers insurers to revolutionise operational effectivity and person experiences.
Moreover, Sapiens has built-in Microsoft GenAI know-how into Sapiens’ newly launched insurance coverage platform. Sapiens Digital Insurance coverage Platform for Life & Annuity, for instance, gives insurers a whole, step-by-step transformation utilising Microsoft GenAI know-how all through the life and annuity lifecycle.
“The supply of Sapiens on the Microsoft Azure Market permits insurers to leverage superior capabilities with ease and effectivity and reinforces Sapiens’ dedication to partnering with our prospects for his or her total transformation journey,” mentioned Alex Zukerman, chief technique officer at Sapiens. “This step strengthens our alignment with Microsoft’s cutting-edge AI options like Copilot, enabling our prospects to innovate and thrive.”
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“Microsoft Azure Market welcomes Sapiens, which joins a cloud market panorama providing flexibility and financial worth whereas transacting tens of billions of {dollars} a 12 months in revenues,” added Jake Zborowski, basic supervisor, Microsoft Azure Platform at Microsoft Corp. “Because of Azure Market and companions like Sapiens, prospects can do extra with much less by rising effectivity, shopping for confidently, and spending smarter.”
In October 2024, Sapiens launched Sapiens Resolution Underwriting Accelerator.
Sapiens Resolution Underwriting Accelerator is an answer designed to reinforce underwriting effectivity and enhance straight-through processing (STP) for Property and Casualty (P&C) insurers.
As well as, the answer goals to deal with trade challenges by driving a rise in STP charges and permitting insurers to optimise their underwriting processes and enhance general profitability.
