Insurance software provider Sapiens has launched IntegrateAI, the latest capability from Sapiens Decision.

IntegrateAI merges machine learning models into the business-friendly decision model workbench.

Sapiens Decision users can combine declarative and probabilistic constructs into one consistent and explainable model. It also enables non-technical users to incorporate the machine learning models from data science teams into a single decision model.

In turn, this reduces business and technical complexities, driving greater operational control and efficiency.

Furthermore, IntegrateAI follows Sapiens Decision’s recent ModelAI release, which brought a Generative AI (GenAI) copilot to decision modelers with integration to Microsoft Azure’s OpenAI Service.

“Sapiens Decision IntegrateAI enables organisations to implement decision automation with greater transparency, explainability, and efficiency by enabling business users to integrate machine learning models within decision models,” said Ilan Buganim, Sapiens CTIO.

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“Combined with Sapiens Decision’s copilot ModelAI, which leverages GenAI to automatically convert natural language to decision models, enterprises can now turbocharge their application of decision automation for greater business outcomes.”

Sapiens is considering options for its business, which includes a potential sale, reported Reuters, citing sources.  

The insurtech company has hired investment bank William Blair to assess interest from potential buyers, the sources said. 

Sapiens, which has a market value of nearly $2bn, may attract private equity companies, among other prospective purchasers, it added.