Leveraging ForMotiv’s behavioral insights during the buying process enables Sapiens to not only accurately predict intent but to also influence the digital journey enabling a more intuitive and positive experience for the policyholder, thereby increasing take-up rates and revenue.
PHILADELPHIA (PRWEB) November 02, 2022
ForMotiv, the leading provider of P&C and Life Behavioral Data Solutions, is pleased to announce a partnership with Sapiens International Corporation, a leading global provider of software solutions for the insurance industry. Combining Sapiens modular, low-code insurance solutions with ForMotiv’s Insurance Solutions enables carriers to create dynamic and adaptive experiences tailored to each individual. Now, Sapiens customers can intelligently drive the next best action based on end-user behavior.
As carriers continue their digital transformations, their number one challenge is providing customers and agents with a personalized user experience without increasing risk. ForMotiv solves this by running real-time machine learning models on tens of thousands of digital behavioral data points captured during the online application process to instantly and accurately predict the intent of the end user. Leading Life and P&C carriers leverage ForMotiv’s Solutions to provide real-time personalized user experiences.
“We’re very excited about our growing partnership with a company as innovative as Sapiens. We’re confident our relationship provides exponential value for our joint customers,” said Woody Klemmer, ForMotiv’s Head of Marketing. “Combining our real-time intent insights with Sapiens flexible, rapidly configurable solutions will enable carriers to provide the hyper-personalized digital experiences they, and their customers, have always wanted.”
Sapiens International Corporation empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation.
“Sapiens are delighted an announce this partnership with ForMotiv, leveraging ForMotiv’s behavioral insights during the buying process enables Sapiens to not only accurately predict intent, but to also influence the digital journey enabling a more intuitive and positive experience for the policyholder, thereby increasing take-up rates and revenue,” said Amanda Ingram – Sapiens Propositions, Ecosystem & Alliances Manager.
ForMotiv makes predicting user intent easy by running real-time machine learning models on tens of thousands of digital behavioral data points captured during the digital application process to instantly and accurately predict the intent of the end user. Leading carriers across the globe leverage ForMotiv’s Insurance Solutions to identify both positive and negative user intent. ForMotiv Solutions are used by departments such as Marketing, Risk, Fraud, Data Science, Product, Underwriting, Innovation, and more. For more information, visit https://www.formotiv.com.