Flexible product modeling and bundling across all insurance lines of business. Product and underwriting platform with online business integration and the capability to reduce existing product catalogues by even factor 10 and bring time to market extensively down.Deliver protection services by bundling products and services across lines of business, even with non-insurance products and services while maintaining existing products more efficiently.Automate and streamline claims, billing, and payment processes fully integrated and with direct integration to financial general ledger to help reduce costs and satisfy customers and increase the transparency of the reinsurance process.​

Total Spend Management for direct and indirect procurement, travel expenses and external labor that added with commission expenses, services and claims expenses and salary and payroll built up the total spend management for insurers. Help ensure best practices in the source-to-pay process, on-premise or in the cloud. With Total Spend Management from SAP, you can use the power of network collaboration for efficiency and insights and have the baseline for managing total spend.​

The profitability business processes ensure profitability breakdown to individual events including dynamic and flexible allocation of costs by profit center, product, branch, agent, etc. with real time allocation capabilities. Within the IFRS 17 model, insurance contract liabilities are calculated as the present value of future insurance cash flows with a provision for risk. IFRS 9 and IFRS 17 are delivered with a full financial product subledger. US GAAP requirements are delivered simultaneously. Data from various policy, claims, billing, actuarial, incentive systems is integrated into one data model.Both Profitability Management and Risk and Control are seamlessly integrated with G/L.​eligendi, totam, facilis laudantium cum accusamus ullam voluptatibus commodi numquam, error, est. Ea, consequatur.

Responsive workforce management is important to the insurance industry with enablement, trainings for the sales and field forces to drive premium growth, but as well as for all aspects with regards to certification of regulatory requirements, agent licenses and compliance. Clear target setting and managing commissions and sales in alignment with individual overall targets are embedded in a integrated manner. Succeed by supporting global processes, integrating technology, and enabling real-time insight on premise or on device. Help your insurance company derive greater value from its investments, increase employee and customer satisfaction, and improve business performance.​

Revolutionize decision making by giving everyone the analytic capabilities they need to discover, plan, and predict better business outcomes. Help ensure trusted data discovery by combining on-premise and cloud data – without moving or replicating data. Use a fast, scalable analytics platform that leverages your existing SAP investments.

Rely on your network of business applications to support every aspect of your business. Ensure common standards, robust interoperability, and flexible extensibility. Access a solid set of underlying technology platforms and related infrastructure services such as integration, collaboration, and interface management.

Gain value from information with an innovative approach to data management. Accelerate business processes through in-memory technology. Capitalize on new opportunities through in-the-moment contextual awareness and simplify data architectures and lower costs. Deliver high quality, timely data across your organization for better-informed decisions.

• Intelligent technologies empower customers to innovate by focusing on improving business processes and abstracting technical complexity.sales and field forces to drive premium growth, but as well as for all aspects with regards to certification of regulatory requirements, agent licenses and compliance. Clear target setting and managing commissions and sales in alignment with individual overall targets are embedded in a integrated manner. Succeed by supporting global processes, integrating technology, and enabling real-time insight on premise or on device. Help your insurance company derive greater value from its investments, increase employee and customer satisfaction, and improve business performance.​
• Intelligent technologies empower customers to innovate by focusing on improving business processes and abstracting technical complexity.