The SAP for Insurance system landscape offers especially large and medium-sized insurance companies best-of-the-breed solutions. It excels in the day-to-day operational needs while catering to the entire gamut of business requirements from customer-facing front-end applications to the general ledger. It offers to insurance companies a one-stop solution with standard sample content. Every component supports business requirements across line of businesses.
SAP for Insurance solutions provide the advanced claims, policy, and billing management capabilities insurers need to improve efficiency, profitability, and customer loyalty. SAP solutions enable insurers to implement best-in-class business processes, optimize reinsurance processes, and gain sophisticated functionality for statutory reporting. The comprehensive SAP for Insurance solution portfolio, together with leading business support and analytical applications, helps optimize insurance business processes.