Clever insurance coverage software program agency Sapiens has revealed the provision of its options within the Microsoft Azure market.
{The marketplace} offers functions and companies and Sapiens’ prospects can now reap the benefits 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.
By utilizing the Azure AI instruments, Sapiens empowers insurers to revolutionise operational effectivity and consumer experiences.
Moreover, Sapiens has built-in Microsoft GenAI expertise into Sapiens’ newly launched insurance coverage platform. Sapiens Digital Insurance coverage Platform for Life & Annuity, for instance, offers insurers a whole, step-by-step transformation utilising Microsoft GenAI expertise all through the life and annuity lifecycle.
“The provision 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 whole 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, normal supervisor, Microsoft Azure Platform at Microsoft Corp. “Because of Azure Market and companions like Sapiens, prospects can do extra with much less by growing 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 boost underwriting effectivity and enhance straight-through processing (STP) for Property and Casualty (P&C) insurers.
As well as, the answer goals to handle trade challenges by driving a rise in STP charges and permitting insurers to optimise their underwriting processes and enhance general profitability.
