Insurance is a prime digital network example, as it touches life, health, property, and travel. In future, many insurers will be engaging with cross-industry ecosystem providers and defining opportunities, beyond managing risk

Industry innovation solutions tailored to your needs

Innovate faster with the solution suite that provides the core business capabilities which insurance companies need to successfully run their business.

Financial Transformation

Drive new growth and govern change with integrated end-to-end finance solutions, helping you to make the right decisions today and outperform tomorrow.

SAP S/4HANA Finance

  • Adopt the SAP S/4HANA Cloud platform to become a best-run insurance business by using a proven technology framework. Realise instant value 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

  • Centralise 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.

SAP Profitability and Performance Management

Optimise business performance and improve the bottom line with actionable insights from sophisticated models such as profitability and cost allocations, driver-based planning, shared-services costing, cash-flow modelling, and funds- and liquidity-transfer pricing.

SAP Analytics Cloud

The SAP Analytics Cloud solution combines BI, augmented and predictive analytics, and planning capabilities into one cloud environment. As the analytics layer of SAP’s Business Technology Platform, it supports advanced analytics enterprise-wide.

Operational Excellence

Optimise your insurance business performance by using pre-integrated, modular solutions for core insurance processes across property and casualty, life, and health lines of business.
SAP S/4HANA Insurance for policy management
Manage all your insurance contracts efficiently by mapping the complete lifecycle of each one, starting from application creation, through policy issuance and ongoing contract maintenance, to contract termination.
SAP S/4HANA Insurance for claims management
Optimise the complete claim lifecycle with automated claim information management and processing. Support timely claims notification with SAP S/4HANA to boost customer satisfaction. Leverage the integration to the claims business network, including the Ariba and Fieldglass solutions.
SAP Product, Quotation, and Underwriting Management
Configure, manage, and execute product rates, rules, forms, and user interfaces across the full policy lifecycle, including application data capture, qualification, rating, quote management, bind, issuance, and policy endorsement. Keep the cost of product maintenance under control by developing new products based on existing products.
SAP Collections and Disbursements for Insurance
Increase the efficiency and accuracy of billing and settlement processes with a single, integrated system. Strengthen cashflow by simplifying billing and payment collections in insurance operations.
SAP Incentive and Commission Management for Insurance
Maximise sales efficiency through comprehensive sales force management and establish compensation plans for your individual needs. Drive profits with clear sales goals and incentive programmes.