2023 Celent Report for NA Individual Life Insurance Edition

Celent ABC Vendor View for EMEA Policy Administration Systems

Customer Feedback

Celent Policy Administration Systems: North American Individual Life Insurance Edition

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Sapiens CoreSuite’s leading position in two key categories means the company’s CoreSuite solution is described by Celent as “Luminary” which is the top tier in Celent’s Technical Capabilities Matrix. The Technical Capability Matrix places each solution into one of five categories based on the depth and breadth of its technology and functionality.  

Celent Technical Capability Matrix

Sapiens CoreSuite for Life & Annuities was Named a Luminary PAS and Excels on both Advanced Technology and Breadth of Functionality.

“Since our last review, Sapiens has made major investment in the solution. The configuration module provides an intuitive interface leveraging specific rules capabilities with Sapiens Decisions ,Sapiens business logic and modeling engine.”

“The Sapiens CoreSuite L&A internal user interface remains one of the best we have seen on the market, with a great balance between tables, graphics, and visuals. We particularly value the historical view of policies using a chronological timeline.”

“Sapiens CoreSuite for L&A remains a robust system in terms of features and function. With the investments started by Sapiens over the past few years along with its future road map, we think the vendor will continue to expand its customer base in North America. CoreSuite for L&A is worth looking at when shortlisting”

Celent Opinion

Celent analyzed policy administration systems for life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial industries.

The vendor view (below) shows the relative positions of each vendor in three categories: Advanced Technology, Breadth of Functionality and Customer Base and Support. The Celent ABC Vendor View is a resource for identifying premium technology solutions serving the insurance and financial services industry.

The Vendor View shows the relative positions of each vendor in three categories:

ABC Vendor View

Advanced Technology
Breadth of Functionality
Customer Base and Support

Customer said:

Customer Feedback

“Transparency. Easy to work with. Strong subject matter expertise in all areas.”
“Strong executive engagement. Modern system architecture. Flexible product configuration by business resources.”
“There are some functions of the system that are user friendly. Consultants have been helpful.”