(Museum of Design in Holon, Israel, home of Sapiens International Corp. Source: Design Museum Holon.)
Sapiens International Corporation (Holon, Israel) has announced the general availability of Sapiens IDIT Software Suite v13.1 to its property and casualty (P&C)/general insurance (GI) customers, prospects and business partners worldwide. Among the features of v13.1 are portal and mobile platforms designed to help users increase productivity and speed to market. These productivity tools ease integration and accelerate deployment, allowing customers to fully utilize digital channels, according to the vendor. Sapiens also asserts that what it calls the intuitive product design and build-tools in Sapiens IDIT v13.1 result in easier navigation and rule-driven load balancing of tasks.
“Version 13.1 was shaped by user feedback and innovation to provide our clients with a competitive advantage,” comments Liana Gelikas, president of Sapiens’ P&C/General Insurance and Reinsurance division. “Version 13.1 offers an enhanced level of usability, which will increase organizational efficiency for non-life insurers, and perhaps equally important, allow our customers to better serve their respective direct and broker-driven digital markets.”
The new “My Task List” feature in Sapiens IDIT v13.1 provides a personalized approach for users, who can easily view all tasks in the system, with the ability to drill-down to task details and directly execute actions from this central location, the vendor reports. The feature is complemented by pre-configured, built-in workflow capabilities, offering users and managers strong governance of operations.
A new Data Dictionary Editor will allow non-technical users to easily define simple and complex data dictionary elements, maximizing efficiencies and reducing configuration workload, while offering greater control to the business, Sapiens reports.
In addition to what the vendor calls an advanced, ergonomic user interface and an intuitive user experience that will help insurers achieve greater efficiency across their organizations, Sapiens IDIT v13.1 provides a broad range of new and improved functionality, with features such as enhanced customer relationship management, improved security set-up, archiving of database content, renewal check enhancements and underwriting process changes.
Available for immediate delivery, v13.1 offers users increased business value and lower cost of ownership according to Sapiens, via its new functionality and technological enhancements, which the vendor describes as follows:
- Available cloud-based infrastructure for optimal total cost of ownership
- Rapid Dev-Ops deployment methodology for fast reaction to market changes
- Policy administration improvements, such as an extended discount mechanism, further control over collection dates and enhanced renewal checks
- Payment matching thresholds specific to method of payment
- Significant improvements and additions to catastrophe claims handling
- A risk object simulator that will reduce testing time for product definition/changes
- Rule builder enhancements with improved search options, snapshot feature and updated user interface
“Sapiens continues to invest in the IDIT Software Suite. With our insurance domain expertise and undisputed commitment to innovation, we are always working to increase the business value we deliver to our customers and partners,” comments Roni Al-Dor, president and CEO, Sapiens.