Sapiens boosts Tier 1 African insurer through DataSuite solution

Recently announced by Sapiens International Corporation is the implementation of its DataSuite solution by a major insurer, in Africa specializing in Tier 1 services.

The collaboration aims to help the insurance company transition its data system to cloud infrastructure as part of its transformation plan.

This migration is geared towards combining data sources to improve efficiency and provide a view of the enterprise operations.

With the help of Sapiens DataSuite technology the insurance company now boasts a data platform that offers, in depth reporting and analysis capabilities enabling smarter business choices and enhanced outcomes.

Humans like to use a range of solutions from Sapiens that are specifically made for the insurance industry such as Sapiens Tia Enterprise and ReinsuranceMaster along with the addition of DataSuite, by Sapiens which aims at providing valuable insights to assist insurance companies in making informed decisions based on data analysis.

By using a framework in place, for organizing data efficiently and securely scaling operations to extract optimal value from it.

"Sapiens has become a frontrunner in the fields of FinTech and InsurTech through its focus, on research and development activities that assist global clients in integrating cloud based solutions to foster sustainable growth."

The insurance company has been utilizing Sapiens Tia Enterprise since 2006 and then implemented ReinsuranceMaster afterward; they viewed DataSuite and the transition to cloud computing as advancements towards establishing a platform ready, for the future.

DataSuites advanced features enable insurance companies to efficiently handle and upload amounts of data. Processing over 50 billion records in just 40 hours and adding more, than 70 million records daily in an incremental manner.

This robust system is set up to meet the reporting and analytics requirements of the company by providing a data repository accessible to all members of the organization for gaining insights and making informed decisions using AI technology, for business intelligence purposes.

The insurance company was pleased with how the platform could grow and adapt for the future and highlighted how important the transformation was, in updating its data system to keep up with the times.

The insurers proficiency, in cloud technologies has provided them with an edge by allowing them to make use of technologies that produce concrete business results.

Ron Al Dors enthusiasm for the project was evident as he shared his excitement about Sapiens being a player in their clients digital evolution and assisting in the seamless transition of their data system, to the cloud. Sapiens leverages its knowledge of the insurance industry to enhance their offerings with cutting edge features that empower customers to boost productivity and foster development.

The Sapiens DataSuite offers a data management and business intelligence platform tailored to the insurance industrys needs. Its flexible design empowers insurers to convert data into insights encouraging more informed decisions driven by data.