Sapiens Enhances Life Insurance Software with AI-Driven Digital Transformation
Sapiens International Corporation has announced the latest release of its CoreSuite policy administration system, designed for life, pensions, and annuities insurers. This update embeds generative AI and machine learning capabilities to address operational inefficiencies and enhance revenue growth opportunities through automated lead generation and predictive analytics. The enhanced system targets key challenges in the insurance industry such as legacy system modernization by offering advanced conversion and migration tools that reduce manual intervention and improve productivity.
Fully integrated within the broader Sapiens Insurance Platform, the update delivers a seamless ecosystem including modules like IllustrationPro, ApplicationPro, and UnderwritingPro, supporting rapid adoption and deployment. Users benefit from AI-driven chatbots and predictive models that offer personalized product recommendations and next-best actions, deepening customer engagement and improving agent productivity. The redesign also includes an updated user interface aligned with accessibility standards, promoting better user experience for insurers, agents, and customers alike.
Sapiens positions this release as a competitive differentiator, blending enterprise-grade software reliability with modern AI-driven digital transformation tools for insurers. This strategic update reinforces Sapiens' leadership in insurance technology software by meeting market demands for fast time-to-market and cost-effective modernization. The platform’s AI-driven automation supports operational excellence and compliance in policy administration, helping insurers optimize workflows and increase average revenue per customer. Sapiens serves over 600 clients worldwide, and its AI-enabled SaaS solutions extend across various insurance lines, including property, casualty, life, and reinsurance.
The company emphasizes its commitment to partnering on customer transformation journeys and continuous innovation to address evolving industry requirements. This release reflects broader industry trends prioritizing digital transformation, regulatory compliance, and data-driven decision-making to enhance insurer competitiveness and customer service quality. The Sapiens CoreSuite update is positioned as a tangible advancement for life insurers responding to technological disruption and market pressure to innovate rapidly.