American Family Insurance has selected Sapiens Americas, a wholly-owned subsidiary of Sapiens International, for decision management platform.
The insurer has selected Sapiens Decision for Insurance to standardise business processes and decision-making logic across the organisation.
American Family Insurance will deploy the solution across its various insurance operating ventures.
The technology vendor said that the deployment process is currently underway and the insurer intends to scale quickly.
In the first stage, core business logic modelled for personal property, auto and umbrella insurance products will be implemented and will be followed by additional products in later stages.
Sapiens Decision managing director Harold Westervelt said: “Our offerings make business logic accessible, manageable and scalable for business users – and enable organisations to foster compatibility between disparate systems – accelerating the pace of the business and creating a significant amount of agility.”
Sapiens claims that its decision management platform will transform how the insurance company approach change, by updating traditional business rules management.
It will also allow the insurance company to grow its business and react to market requirements through accurate and consistent enforcement of business rules and policies.
Many major insurance firms in property & casualty (P&C), life, commercial and personal lines use the platform to carry out process automation and bring digital transformation.