Sapiens to Accelerate Insurers' Digital Transformation with AI-Driven Upgrades for Life, Pensions, & Annuities

Core Insights - Sapiens International Corporation has released an updated version of CoreSuite, a policy administration system designed for life insurers, which enhances operational efficiency and customer engagement through generative AI [1][5] - The new features include AI-powered chatbots, machine learning-driven lead generation, and predictive tools that enable personalized customer interactions [2][5] - The updated CoreSuite is fully integrated within the Sapiens Insurance Platform, offering a comprehensive suite of life, pensions, and annuity products for quick deployment [4][6] Technological Enhancements - The release includes a newly enhanced conversion and migration toolset that leverages generative AI to analyze legacy data and improve productivity [3] - A redesigned user interface and user experience (UI/UX) across portals and the CoreSuite solution align with accessibility standards, making it more user-friendly [3][5] - The platform supports seamless illustration-to-application conversions and includes integrated detection for abnormal user behavior during application processes [4] Strategic Vision - The company aims to provide life insurers with innovative and practical solutions that empower agents, accelerate underwriting processes, and personalize customer service [5] - Sapiens positions itself as a leader in intelligent SaaS-based software solutions, serving over 600 customers in more than 30 countries [7] - The focus on AI and advanced automation is intended to help insurers modernize and optimize their operations in a rapidly changing market [6][7]