SAP

SAP Core Insurance Management

Composite Score

6.8 /10

CX Score

6.8 /10

21 Reviews Write a Review

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What is SAP Core Insurance Management?

Satisfy today’s hyper-connected customers across all channels, including mobile – with SAP software for the insurance industry. Our solutions use the latest technology to help you streamline claims management, simplify policy administration, and proactively manage risk and compliance.

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SAP Core Insurance Management Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on SAP Core Insurance Management.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

82 Likeliness to Recommend

96 Plan to Renew

80 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+73 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love SAP Core Insurance Management?

11% Negative

4% Neutral

85% Positive

Pros

Friendly Negotiation
Transparent
Trustworthy
Over Delivered

Feature Ratings

Average 81

Document Management

Communication Management

Financial Management System

Workflow Management

Policy Management

Compliance Management

Claims Management

Fraud Management

Risk and Fraud Assessment

Audit Management

Analytics and Reporting

Vendor Capability Ratings

Average 78

Breadth of Features

Quality of Features

Ease of Data Integration

Business Value Created

Vendor Support

Ease of Customization

Usability and Intuitiveness

Availability and Quality of Training

Ease of IT Administration

Ease of Implementation

Product Strategy and Rate of Improvement

SAP Core Insurance Management Reviews

Vishal G.

Role: Sales Marketing
Industry: Insurance
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Apr 2025

provides insurers with a suite of solutions

Likeliness to Recommend

9 /10

What differentiates SAP Core Insurance Management from other similar products?

It differentiates itself through its comprehensive, integrated approach to managing various insurance lifecycle stages and its ability to facilitate digital transformation and innovation within the insurance industry. Unlike other insurance products that might focus on specific areas like policy administration or claims management

What is your favorite aspect of this product?

It offers a unified platform that integrates these processes, enabling streamlined operations and enhanced data management. It also leverages AI and other technologies to improve efficiency, reduce costs, and enhance customer experiences

What do you dislike most about this product?

Not really but some users dislikes about its complexity and user interface

What recommendations would you give to someone considering this product?

To consider SAP Core Insurance Management, it's crucial to understand its role within SAP for Insurance and how it integrates with other systems. Key recommendations include focusing on a partner with expertise in the SAP ecosystem, particularly in Financial Services, and ensuring seamless data flow and interoperability with existing systems

Pros

Reliable
Enables Productivity
Effective Service
Saves Time

Gabriel P.

Role: Information Technology
Industry: Technology
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jul 2024

Likeliness to Recommend

10 /10

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Biaodeng Z.

Role: Sales Marketing
Industry: Banking
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jul 2022

Great product for most people

Likeliness to Recommend

8 /10

What differentiates SAP Core Insurance Management from other similar products?

Professional features

What is your favorite aspect of this product?

Customer service and support

What do you dislike most about this product?

Price is too expensive

What recommendations would you give to someone considering this product?

Lower the price.

Pros

Saves Time
Altruistic
Over Delivered
Trustworthy

Cons

Charges for Enhancements
Less Productive
Vendor Friendly Policies

SAP Core Insurance Management

What is SAP Core Insurance Management?

Company Details

Book a Free Demo Today!

SAP Core Insurance Management Ratings

82 Likeliness to Recommend

96 Plan to Renew

80 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+73 Net Emotional Footprint

How much do users love SAP Core Insurance Management?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Document Management Includes features such as check-in/check-out and versioning controls on documents and artifacts.

Communication Management Includes verbal and non-verbal information sharing, multiple languages, and a goal-oriented objective.

Financial Management System Includes planning, forecasting, invoicing, and cash flow management.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Compliance Management Includes compliance controls, compliance rules engine, and compliance monitoring.

Claims Management Includes claims processing, eligibility verification, paper claims mailing, claims denials management, and electronic claims submission.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Risk and Fraud Assessment Includes the ability to document, mitigate, and respond to project risk conditions across the portfolio and detect instances of potential fraudulent claims.

Audit Management Includes data security, audit reports, and revision control.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

SAP Core Insurance Management Reviews

Vishal G.

provides insurers with a suite of solutions

Likeliness to Recommend

Pros

Gabriel P.

Likeliness to Recommend

Pros

Biaodeng Z.

Great product for most people

Likeliness to Recommend

Pros

Cons

Feature Ratings

Document Management

Communication Management

Financial Management System

Workflow Management

Policy Management

Compliance Management

Claims Management

Fraud Management

Risk and Fraud Assessment

Audit Management

Analytics and Reporting

Vendor Capability Ratings

Breadth of Features

Quality of Features

Ease of Data Integration

Business Value Created

Vendor Support

Ease of Customization

Usability and Intuitiveness

Availability and Quality of Training

Ease of IT Administration

Ease of Implementation

Product Strategy and Rate of Improvement