Sapiens Enhances CoreSuite with AI for Life Insurance

Sapiens International Corporation has announced AI-driven upgrades to its CoreSuite platform, aimed at accelerating digital transformation for life insurers, as stated in a press release. The latest release of CoreSuite, a comprehensive policy administration system for life, pensions, and annuities, introduces generative AI-powered chatbots, machine learning-driven lead generation, and predictive tools for enhanced customer engagement.

The new features are designed to streamline operations, improve user experiences, and enable faster time to market for life insurers. The platform's enhancements include a redesigned UI/UX and a pre-integrated suite of products ready for rapid deployment. Additionally, the update supports seamless illustration-to-application conversions and includes tools for detecting abnormal user behavior during new business applications.

Sapiens' CoreSuite is part of the Sapiens Insurance Platform, an AI-based, open, integrated platform that empowers insurers to modernize and optimize their operations. The platform's enhancements are expected to provide life insurers with the tools needed to deliver personalized customer service and speed up underwriting processes.