Sapiens UnderwritingPro
Award-winning automated underwriting and new business case management.
Overview
Sapiens UnderwritingPro is a web-based, cloud-native solution for automated underwriting and new business case management, primarily for Life and Annuities insurers. It streamlines the entire new business process, from case management to underwriting decisions, by automating routine tasks and providing a configurable rules engine. The platform aims to reduce time-to-issue, lower acquisition costs, and improve decision accuracy.
✨ Key Features
- Automated Underwriting and New Business Case Management
- Integrated, User-Configurable Rules Engine
- Straight-Through Processing for eligible cases
- Real-time Case Management Dashboard
- Gen AI-powered document summarization
- Automated Requirements Processing
- Compliance with ACORD XML standards
🎯 Key Differentiators
- Highly configurable platform for quick rollout of new products.
- Modern, intuitive interface designed to simplify case management.
- Use of Gen AI for summarizing documents to aid risk assessment.
Unique Value: Transforms the new business and underwriting department for L&A insurers by automating workflows, enabling straight-through processing, and providing powerful case management tools, which significantly speeds up policy issuance and lowers costs.
🎯 Use Cases (4)
✅ Best For
- Enterprise-proven and scalable for insurance organizations of all sizes.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- P&C insurers, as the solution is primarily tailored for the Life & Annuities market.
🏆 Alternatives
Offers a more specialized and modern solution for Life & Annuities underwriting automation compared to generic BPM tools or older, less flexible core systems.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Available tier)
💰 Pricing
Free tier: N/A
🔄 Similar Tools in Commercial Lines Underwriting
Applied Epic
A comprehensive agency management system for insurance agencies....
Insurity Policy Decisions
A comprehensive policy administration system for P&C insurers....
Appian Connected Underwriting
A low-code automation platform that unifies data and workflows for P&C and Life underwriters....
BriteCore
A cloud-native platform for P&C insurers to enhance productivity and customer experience....
Tarmika
A commercial lines quoting solution for independent agents to quote multiple carriers simultaneously...
Origami Risk
An integrated SaaS platform for risk, safety, and insurance....