Sapiens Launches Version 13 of CoreSuite P&C with AI-Driven Underwriting Enhancements

Sapiens International Corporation has released Version 13.0 of its CoreSuite for Property & Casualty, targeting the North American insurance market. This upgrade enhances underwriting and claims functionalities, integrating AI-driven tools to improve risk evaluation, streamline workflows, and provide real-time workload visibility for underwriters. The new version addresses key industry challenges such as integration complexity, operational costs, and the need for faster, more accurate data processing.

The update introduces significant performance improvements across ClaimsPro, BillingPro, and PolicyPro modules, optimizing operational efficiency and user experience. Billing enhancements include streamlined payable statement creation and advanced policy filtering, which facilitate faster processing and navigation for insurers.

Claims management benefits from improved integration flexibility, aiding operational cost management while maintaining robust system performance. The platform's AI capabilities summarize data and documents effectively, supporting underwriters with concise dashboards quantifying risk metrics and enhancing decision-making processes.

Sapiens CoreSuite for P&C is a fully integrated suite designed to help insurers respond promptly to evolving regulatory environments, market demands, and emerging risks such as natural catastrophes. Its comprehensive features include automated decision-making, reinsurance management, data analytics, and digital applications, supporting a modernized property and casualty insurance landscape.

As part of its broader strategy, Sapiens is leveraging AI and advanced automation to deliver operational excellence amid a rapidly changing insurance marketplace. The company serves over 600 customers worldwide and continues to innovate, supported by its recent agreement to be acquired by private equity firm Advent. This acquisition aligns with Sapiens' commitment to partner closely with clients throughout their digital transformation journeys.