Insurance
The new network economy will coalesce around fewer ecosystems
Insurance is a prime digital network example, as it touches life, health, property, and travel. By 2025, many insurers will be engaging with cross-industry ecosystem providers and defining opportunities, beyond managing risk.
Solve your specific insurance needs
Serve customers better with SAP Cloud for Insurance
Find out how the Intelligent Enterprise can help you place customers at the center of a service network focused on safety, wellness, and loss prevention.
Unlock business value with digital technology
Deliver innovative, customer-centric products and services by connecting new technologies with integrated business solutions to create an intelligent enterprise.
Create opportunities with digital transformation
Learn how you can take advantage of the digital economy by leveraging the IoT, adopting processes for better operational agility, and pushing your levels of transparency.
Get the facts
30%
SAP Performance Benchmarking
23%
SAP Performance Benchmarking
45%
SAP Performance Benchmarking
SAP Road Map for Insurance
Explore our insurance industry road map to learn about the digital transformation activities that are underway, like augmenting human understanding with machine learning and AI, as well as the future direction of our insurance suite.
Current release highlights
- Machine learning service ticket intelligence – categorization proposal
- Streamlined interface for creating new business applications for SAP Policy Management
- Consistency check for reinsurance treaty calculation rules
- SAP Fiori app enabling analysis of changes in insurance liabilities
Upcoming innovations
- Claims management for insurance integration into SAP Commerce, financial services accelerator
- Enhancement of SAP Fiori app to provide first notice of loss
- Improved data archiving and reduced data footprint in SAP Policy Management
- Conversational voice interfaces and machine learning
Future plans
- Integrate insurance-specific processes in SAP S/4HANA with SAP Insurance Sales Assistant
- Continue innovating our portfolio by integrating machine learning, blockchain, and the IoT
- Incorporate insurance-specific processes in SAP cloud solutions
- Add an integration layer for SAP and partner-driven GRC applications and services on SAP Cloud Platform
Find insurance software tailored to your needs
SAP S/4HANA
Become a best-run business with this real-time enterprise resource management suite. Drive instant value across your insurance organization by taking advantage of technologies, such as the Internet of Things, Big Data, real-time analytics, and enterprise mobility solutions.
SAP S/4HANA for financial products subledger
Centralize your accounting data and rules for financial instruments and insurance contracts with this multi-entity subledger solution. Significantly reduce costs and make it easier to reconcile different sets of books, while simplifying the preparation of estimated cashflows provided by actuarial systems.
Realise your business goals by simplifying and accelerating your digital transformation
In an era focused on continuous innovation and anticipating customer needs, it can be hard to turn your vision into reality. This is where SAP Digital Business Services can help. We’re part of SAP, so we know SAP software better than anyone else. With over 40 years of experience, we can help you reach your business transformation goals, and everything in between.
Transform your business with unparalleled service support enterprise-wide
SAP Digital Business Services connects business and IT to help you close the gap between your digital transformation strategy and execution. From designing and value discovery to accelerated innovation to productive usage for tangible business results, you can evolve your business by breaking new ground with a trusted adviser that knows SAP software best.
How is SAP leading digital transformation?
Realise your potential with the Intelligent Enterprise
Embrace next-generation technologies by becoming an intelligent enterprise with industry expertise from SAP. As your trusted innovation partner, SAP can help you launch a digital platform, so you can chart your future without bounds.
See how insurance companies are succeeding with SAP
96% of customers retained by revolutionizing wellness
Explore how Vitality Group is encouraging happier, healthier, and longer lifestyles by using a flexible, adaptive data platform.
Consolidating financial management into one place
Hear how AIG is fostering a culture of innovation with a single source of truth for company data and reduced IT infrastructure.
Ensuring customer intimacy in the cloud
Find out how Brighthouse Financial is adapting to customer needs quickly and innovating product distribution in the cloud.
Get the latest news and trends from experts
SAP
Innovate to create a better customer experience
Tap intelligent technology to fulfill consumer expectations for tailored banking and insurance products and services that address their unique household needs.
SAP
Transform procurement with connected technology
Mitigate risk and save with digital supply networks and advanced analytics that can help you optimize source-to-contract and procure-to-pay processes.
SAP
SAP is leading in non-life insurance platforms
Find out how a strong industry focus helped SAP earn a position from Gartner as a leader in the Magic Quadrant for Non-Life Insurance Platforms, Europe.
