Sapiens Debuts Version 11 of IDIT P&C Core Suite

The full insurance suite’s richer feature set will reinforce the vendor’s position in the marketplace, as insurers reward the strong technology and functionality with new deals, according to Celent analyst Craig Beattie.

Today at The Future of General Insurance event in London, Sapiens International Corporation announced the availability of the latest version of its Sapiens IDIT Software Suite, which the vendor describes as a comprehensive component-based software solution for the general insurance/P&C market. The new version includes multiple new features, which Sapiens says increases its competitive advantage.

Craig Beattie, Celent.

Craig Beattie, Celent.

“With Sapiens IDIT, Sapiens continues to offer a solution with great functionality and very strong technology – rewarded in growth in clients and in news deals,” comments Craig Beattie, a U.K.-based analyst with Celent. “Sapiens IDIT is installed across a range of countries, at insurers of all sizes.”

Among the new features of Sapiens IDIT Version 11 are the following, according to a vendor statement:

• Mobile platform support with applications for customers, claim assessors and underwriting inspections and more;
• A range of optimized user interfaces for target devices including tablet GUI;
• Extended multi-brand company and multi-country support;
• Enhanced capabilities for mass endorsement, premium override and workflow escalation;
• Advanced productivity tools including mass premium simulation;
• Skill-based, load-balanced service provider assignment;
• Improved calendar workflow integration;
• Single Euro Payments Area (SEPA) support;
• Performance monitoring dashboards of live profiler;
• Cloud computing benchmark and readiness; and
• Full managed services TPA application and hosting in selected countries

Yoel Amir, Sapiens’ managing director, General Insurance & P&C division, claims that the vendor is enjoying “tremendous” market momentum, with several new deals in the pipeline. “With Version 11, we are now even better positioned to expand our market footprint and continue in our leadership position,” he comments.

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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