Sapiens International has announced a new alliance with CDS Business Mapping to integrate its RiskMeter Online real-time, natural hazard risk report service into Sapiens INSIGHT for Policy, a property/casualty policy administration solution.

"Currently, the insurance industry is at crossroads, under pressure to meet the heightened needs of intermediaries and customers who have grown to expect information and answers at Internet speed," says Roni Al-Dor, president and CEO of Sapiens. "In order to help our customers to meet these demands, we felt it was imperative to remove as many steps as possible from the underwriting process, and we did this by integrating the RiskMeter Online into the Sapiens INSIGHT for Policy solution."

"Eliminating repetitive steps from the underwriting process is one key factor when it comes to improving underwriting efficiency and profits," says Daniel Munson, founder of CDS Business Mapping. "Another crucial component of this partnership, though, is the ability to alert underwriters in the early stages of writing a new piece of business whether it will be rejected because it doesn't meet a carrier's guidelines."