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SAP for Insurance Companies

Deliver the best insurance service on the market with SAP technologies.

How SAP Solutions Can Help Insurance Companies 

If you provide insurance services

For: insurance companies, reinsurers, brokers and insurance agencies, banks, and financial institutions offering insurance services.

Higher efficiency

SAP simplifies application processing, premium calculation, and claims settlement through process automation.

Improved risk management

Built-in analytics tools and AI help accurately assess risks, prevent fraud, and reduce insurance payouts.

Better customer experience

SAP enables omnichannel access to services and a personalized approach to customers.

Regulatory compliance

Automated regulatory change monitoring helps companies quickly adapt to new requirements.

Seamless integration

SAP solutions seamlessly integrate with other market participants' systems, creating a unified ecosystem.

Increased sales and customer base

SAP helps analyze customer behavior and offer personalized insurance products.

If you support insurance processes or are otherwise involved in the industry

For: companies with corporate insurance funds, government agencies and regulators, consulting and IT companies.

Process automation

SAP accelerates insurance operations through digital document management and automated calculations.

Predictive analytics

Data processing tools enable accurate risk forecasting, fraud detection, and informed business decision-making.

Compliance

SAP's built-in tools automate regulatory change monitoring, reducing risks and simplifying reporting processes.

Scalability

SAP cloud technologies enable quick adaptation to changing market requirements and business scaling without complex modifications.

Flexible integration

SAP solutions integrate into the insurance ecosystem, ensuring smooth collaboration between companies, banks, and brokers.

Operational efficiency

Optimizing all stages of insurance processes helps companies operate faster, more accurately, and efficiently while improving service quality.
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Create a Next-Level Service by Optimizing Insurance Operations with SAP

SAP Solutions for Insurance Companies

Customer relationship management
Financial and risk management
Cost management
Human resource management

Customer relationship management

SAP enhances the customer experience by:

  • Personalizing services and offerings
  • Improving service quality
  • Simplifying interaction processes

SAP solutions:

  • SAP Commerce Cloud: Deliver exceptional customer service with innovative technologies.
  • SAP Service Cloud: Offer your clients the services they need.
  • SAP Emarsys: Gain real-time, comprehensive insights into your customer behavior.
leverx
LeverX Experts Will Help You Choose the Optimal Solution Package for Your Business

Success Stories 

Why LeverX?

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 950+ projects for over 800 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil 
and gas.

SAP partnership

We implement SAP projects end-to-end 
and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security track record

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

Implementation Roadmap

We follow the SAP Activate methodology, which breaks down the implementation of SAP solutions into six essential stages:
  • Evaluating current processes: Assess existing business processes and identify the organization's needs.
  • Defining technical requirements: Create a detailed specification of the functional and technical needs of the new system.

Discover

  • Setting goals and objectives: Establish and agree on the goals to be achieved throughout the project.
  • Assembling the project team: Appoint team members and define their roles and responsibilities.
  • Project plan development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
  • Budget determination: Estimate and approve the budget.
  • Specifications preparation: Develop the technical and functional specifications for the development team.

Prepare

  • Ensuring business requirements are met: Check that SAP solutions align with business requirements and project objectives.
  • Data validation: Verify the accuracy and compliance of the data.

Explore

  • Data migration: Transfer data from existing systems to the new one.
  • System configuration: Set up the solution according to requirements and specifications.
  • Customization: Develop additional features and modules, if the standard solution does not meet all needs.
  • Integrations: Configure SAP solutions to work with other IT systems and applications.

Realize

  • Testing: Perform functional, integration, regression, and load testing to ensure that all works correctly.
  • User training: Organize sessions to help users become familiar with the new system.

Deploy

  • System readiness check: Verify that the system is ready for operational use.
  • Launch: Officially transition to active use of SAP solutions.
  • Ongoing support: Continuously monitor solution performance to identify and resolve any issues.

Run