WTW partners with Sapiens to improve real-time pricing and speed to market
Global broker WTW has partnered with Sapiens, a provider of software solutions for the insurance industry, to optimise real-time pricing and speed to market for insurers.
Sapiens will join WTW’s Insurance Technology Partner Network. The collaboration will deliver an integrated solution comprising Radar Live, WTW’s price delivery and decision engine platform, and the Sapiens Tia Enterprise Solution, built to meet the ever-changing needs of insurers who want to bundle and market services for more efficient customer engagement.
Amanda Ingram, propositions, alliances & ecosystem manager at Sapiens, said: “This latest collaboration will enable Sapiens to integrate its systems with Radar Live, further enhancing our offerings in the industry by providing customers with fast and easy access to a highly sophisticated price optimisation tool. Our customers will enjoy the flexibility to update insurance rates and quotes per need, then rapidly introduce them to end consumers, while enjoying enhanced operational efficiencies.”
Andrew Harley, senior director at WTW, said: “We are delighted that Sapiens is joining our Insurance Technology Partner Network. By establishing connectivity with Sapiens, the integrated real-time data analysis and automated processes in Radar Live will reduce the time and resources required to underwrite a policy, allowing insurers to offer policies to their customers in a more efficient and timely manner.”
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