Version 7.0 provides robust system configurability and report selection for users

Rochelle Park, N.J., Dec. 4, 2023—Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced the launch of its latest version of Sapiens IllustrationPro and Sapiens ApplicationPro. This new release brings a multitude of enhancements and additions, all designed to empower insurers with innovation, improved member servicing, and reinforced security measures.

Sapiens IllustrationPro is a dynamic point-of-sale solution for Life & Annuities that quickly and accurately generates quotes and compliant illustrations through an intuitive and modern engagement. This responsive solution seamlessly operates across various devices and expedites the sales process. In parallel, Sapiens ApplicationPro streamlines processes for seasoned and novice agents through a wizard-based, self-directed navigation that simplifies data input. Its content is dynamic and reflexive, presenting forms and questions as needed, with only valid options available for selection. Together, these two modules ensure a smooth exchange of data, thereby reducing the chances of errors and improving the overall customer and agent experience.

“The IllustrationPro/ApplicationPro Version 7 enhancements bring a host of exciting features to the table,” said David Pidgeon, Sapiens Head of Life & Annuities, North America. “With a focus on enhanced digital servicing and increased security, this latest release accelerates the pace of innovation and value delivery to our customers.”