Solutions for insurance.
SailPoint delivers comprehensive risk management and compliance for many of the world's largest insurers—including property and casualty, life and health, and healthcare/managed care organizations.
Leaders in the insurance industry rely on SailPoint's governance-based approach and experience with large-scale infrastructures to improve operational efficiency, meet regulatory requirements, and better manage operational risk. SailPoint helps insurers achieve their security and compliance goals, while maintaining a high level of service for their employees, agents, and customers.
Complex and Costly Compliance Burdens
Insurers collect, store and transmit a tremendous amount of sensitive information, placing the organization at risk of fraud. To comply with a multitude of strict regulations, insurers must implement rigorous access control processes, including regular reviews of access and separation-of-duty (SoD) policy enforcement. Performing these processes manually or with outdated, limited solutions has become prohibitively expensive, as well as inadequate.
SailPoint provides the strong, centralized governance insurers
need to mitigate risk and achieve sustainable, affordable compliance. It automates access certifications for greater efficiency and accuracy, and enables them to manage access based on business function, not ad hoc assignment.
SailPoint's unique, risk-based approach empowers organizations to focus compliance controls on areas of greatest risk. This further helps reduce compliance costs as well as the burden on IT, while empowering insurers to enhance compliance efforts over time.
Huge Scale, High User Expectations
Employees, agents, and customers expect a lot from an insurer’s IT systems. They demand high-level service and unfettered productivity, but they also want their personal and business data protected. This becomes a complicated, difficult, and expensive proposition when applied to thousands of employees and millions of individual accounts.
Managing access for broker partners and across remote business units further increases the scale and complexity. Most organizations lack the enterprise-wide visibility they need, and they can't consistently certify vast numbers of access privileges.
SailPoint has delivered some of the largest identity management implementations in the insurance industry, with products uniquely suited to highly complex IT environments. Currently, SailPoint is used by a top 10 insurance organization to automate access certifications covering 136,000 managed identities for more than 600 applications in 11 countries.
With SailPoint, insurers gain a centralized view into all access privileges, across all resources, from the datacenter to the cloud. This allows companies to apply common role, policy, and risk models to all identity management activity.
At the same time, SailPoint empowers users to request, approve and manage access—easily, independently and securely. In this way, the solution automatically delivers appropriate levels of access, and does so quickly to maximize productivity and performance.