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What is Sapiens P&C?

The Sapiens Platform for Property & Casualty presents an all-encompassing suite of software solutions that can be utilized either via the cloud or on-premise, featuring advanced digital capabilities. Users have the flexibility to implement the platform as a cohesive system or as standalone modules. It addresses the varied needs of P&C carriers by supporting multiple lines of business and distribution methods, alongside offering an extensive selection of digital tools. Within the Sapiens CoreSuite for Property & Casualty, prominent components include Sapiens PolicyPro, which manages the entire policy administration lifecycle from quoting to rating and policy issuance; Sapiens BillingPro, which ensures precise premium collection, claims payment management, and agent commission processing; and Sapiens ClaimsPro, which oversees the claims processing and settlement workflows. Furthermore, the platform also includes a reinsurance solution, significantly enhancing its overall capabilities and effectiveness. This multifaceted approach not only optimizes operational efficiency for carriers but also elevates the quality of service they provide to their clients, ensuring a competitive edge in the market.

What is Prevail Reinsurance System (PRS)?

The Prevail Reinsurance System (PRS) functions as a comprehensive and automated tool for the efficient management of reinsurance. Featuring robust out-of-the-box capabilities, PRS is straightforward to implement and can be easily customized to meet evolving business requirements. It includes the industry's most advanced cession calculation engine and automated workflows that significantly enhance reinsurance management. Aimed at increasing efficiency in the administration of reinsurance contracts, PRS streamlines the handling of premium and claim transactions, enabling users to seamlessly reconcile and monitor outstanding balances. Additionally, it hastens data reporting within your organization, guaranteeing that all reinsurance activities and information are securely stored in a single, user-friendly system. This centralized framework not only fosters better collaboration among teams but also amplifies overall productivity across various departments, ultimately leading to a more synchronized operational environment.

Media

Media

Integrations Supported

SPLICE Dialog Suite
Sapiens Insurance Platform
Smarty

Integrations Supported

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS
Windows
Mac
On-Prem

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sapiens International

Date Founded

1982

Company Location

Israel

Company Website

sapiens.com/solutions/property-and-casualty-insurance-software/

Company Facts

Organization Name

Prevail Consulting, Inc.

Date Founded

2000

Company Location

United States

Company Website

www.prevailconsulting.com

Categories and Features

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Insurance Rating
Policy Management
Quote Management

Reinsurance

Not specified

Categories and Features

Reinsurance

Not specified

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