SAPIENS WINS TWO CELENT XCELENT AWARDS IN THE LIFE ILLUSTRATION SYSTEMS CATEGORY IN
Sapiens
'Sapiens has made significant investments in IllustrationPro, culminating in a product with robust functionality and efficient usability,' wrote Celent analyst
Sapiens IllustrationPro for Life & Annuities is a cloud-based, point-of-sale illustration and quoting solution, offering a fully responsive, modern and intuitive user experience for both the life and annuities as well as health markets. ACORD-compliant, it offers straight-through processing, from point-of-sale to application e-submission and is supported by a needs analysis suite. IllustrationPro's calculation engine handles complex product illustrations and multichannel distribution, enabling carriers to serve multiple marketing segments with a single deployment.
Research and advisory firm Celent analyzed 10 illustration systems and determined awards based on the Celent ABCD Vendor View, a resource for identifying premier technology solutions serving the insurance and financial industries. 'The effect of the pandemic has resulted in insurers looking to accelerate full automation of their sales tools due to the new virtual work force and customer base. Celent expects the need for acceleration will move many digital sales-oriented investments to the top of a life insurer's investment list for 2021. When considering this new highly virtualized world, investments in sales technology such as illustrations need to be smart, with a goal of maximizing virtualization, agent/customer experience and value,' said
'We are honored to receive two XCelent awards,' said
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