Sapiens chosen as Absa Life’s partner in a major digital transformation initiative

Sapiens International Corporation , a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up. Absa Life, well-regarded in the Consulta South African Customer Satisfaction Index (SA-csi), has opted for Sapiens as their trusted partner to spearhead the transformation of their non-underwritten products system. The initiative will involve the implementation of Sapiens Digital Front End, CoreSuite and BI Intelligence for Life and Pensions, backed by Sapiens Cloud Services and hosted on AWS. The partnership with Sapiens was shaped by the latter’s impressive track record in intricate banking ecosystem integrations and bancassurer implementations. Sapiens’ cloud-first, digitally enhanced platform is expected to modernise Absa Life’s operations and set a robust platform for growth. Absa Life’s decision to choose Sapiens as a partner followed the successful implementation of Sapiens IDITSuite and ReinsuranceMaster for Short Term business and a recent DigitalSuite proof of concept in the life insurance space. The open architecture of CoreSuite is anticipated to hasten new business initiatives and accelerate Absa Life’s multi-channel go-to-market strategy. Sapiens CoreSuite for Life and Pensions is set to furnish Absa Life with a broad range of embedded data management and […]

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