Toyota Insurance Spain selects Sapiens for Total core digital transformation

HOLON, Israel, 28 November 2022 – Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced they signed an agreement with Toyota Insurance Management Spain (Toyota Seguros) with the aim of transforming and modernising its business. As such, Toyota’s insurer will be implementing Sapiens DianaSuite to manage the core of its insurance offering.

DianaSuite is a Sapiens solution developed especially for the Property & Casualty market in Iberia. The platform provides a 360º view of the customer that promotes customer loyalty and engagement. Through its digital layer, it enables fluid communication with customers, including both end users as well as intermediaries and suppliers. It complies with all regulatory standards such as claims management agreements and integration with official bodies.

The CEO of Toyota Insurance Management Spain, Marisa Saenz Cobeno comments, “We have entrusted Sapiens with the technological solutions that will help us consolidate our digitalisation strategy, whose primary goal is excellence in customer service, not only at the product level but also through the optimisation of all the processes that affect our customers’ day-to-day experience. We know, because of the scope of the project and our experience working together on it, that we have chosen the right partner.”

DianaSuite is intended for insurers looking to digitally transform their business for the next generation by designing user experiences, optimising production processes and core service management, and adding analytical capabilities to offer their customers excellent service. The software covers the entire non-life policy management cycle and offers 100% coverage for both life and non-life lines of business.

Diogo Morales, managing director of Sapiens Iberia, adds, “Sapiens is aware of the strategic importance of the project that Toyota Insurance Management is fulfilling, and we see that our solution will help them become more agile and competitive in the auto insurance business.”

DianaSuite works with a modular system and integrates with all components of the insurance company’s ecosystem, making it fully customisable. In addition, its cloud technology, and the possibility of being used on several devices at the same time, make DianaSuite a complete solution.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

Make the Intelligent Choice: Embed X103 in Smart City Outdoor Devices

Posted on: April 25, 2024

The adage “less is more” is the current state of digital transformation, starting with existing technology that has already proven successful – and then further adapting and streamlining. The “smart city” embraces this end goal by digitalizing community services where we live and work, such as traffic and transportation, water and power, and other crucial

Read more

Industrial IoT adoption fuels growth in private cellular networks

Posted on: April 25, 2024

Mission-critical use cases are driving private IoT connection growth in key industrial markets like manufacturing, logistics and transportation. Industrial IoT (IIoT) customers are eager to digitalise critical use cases with high-powered, dedicated networks, making these industries leaders in private 4G and 5G adoption. According to a new report from global technology intelligence firm ABI Research,

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more