Aktia Life, certainly one of Finland’s high insurers with near 100,000 prospects, chosen Sapiens as its accomplice to steer their core system transformation with Sapiens CoreSuite for Life and Pensions.
Sapiens was chosen because of its confirmed expertise in advanced insurance coverage ecosystem integrations.
As well as, it gives an end-to-end, cloud-first, digitally enhanced platform for particular person and group merchandise throughout life, wealth and pension insurances.
Moreover, Aktia has seen fast change in buyer behaviour with digitalisation being a key step in the direction of higher effectivity and seamless buyer companies, together with new product choices.
Sapiens CoreSuite for Life and Pensions will increase Aktia Life with a wide range of totally embedded knowledge administration and analytics capabilities. Additionally, the implementation is underpinned by the Sapiens Intelligence knowledge and analytics module that teams the insurer’s knowledge to supply real looking perception, enhancing underwriting danger choice and decreasing claims expense ratios.
“Working with Sapiens has already been very rewarding for our firm and we’re wanting ahead for the following part,” stated Riikka Luukko, Aktia Life CEO. “The partnership with Sapiens helps our strategic development and renewal objectives, together with our aim to supply glorious buyer and worker expertise. With this we’re capable of optimise each buyer and enterprise worth and guarantee our enterprise continuity.”
“We’re proud to accomplice with Aktia Life to assist them obtain their digitalisation objectives,” stated Roni Al-Dor, Sapiens president & CEO.
“Aktia Life knowledgeable us that its new life enterprise mannequin goal is to implement a contemporary PAS platform to scale back expertise debt as a way to be totally compliant with statutory necessities and legislations.”
