Sapiens

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2023

Retrieved on: 
Tuesday, March 26, 2024
Insurance, Bank statement, Annual report, SPNS, Sapiens, Sapiens International Corporation

ROCHELLE PARK, N.J., March 26, 2024 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the "SEC").

Key Points: 
  • ROCHELLE PARK, N.J., March 26, 2024 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the "SEC").
  • The annual report, which contains Sapiens' audited financial statements, can be accessed at the SEC's website at http://www.sec.gov , as well as via the Company's investor relations website at https://www.sapiens.com/investor-relations/sec-filings/ .
  • The Company will provide a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to Yaffa Cohen-Ifrah, Chief Marketing Officer and Head of Investor Relations, at +1 917-533-4782 or [email protected] .

One Inc Forms Technology Integration with Leading Insurance Software Provider, Sapiens, for a Seamless Claims Payment Solution

Retrieved on: 
Wednesday, February 28, 2024
Payments, Professional Services, Technology, Fintech, Insurance, PayPal, Sapiens, IA Financial Group, Venmo, P&C, Sapiens International Corporation

One Inc , the leading payment network for the insurance industry, announced today a technology integration with Sapiens International Corporation , the leading global provider of software solutions for the insurance industry.

Key Points: 
  • One Inc , the leading payment network for the insurance industry, announced today a technology integration with Sapiens International Corporation , the leading global provider of software solutions for the insurance industry.
  • The collaboration will result in the seamless integration of One Inc's ClaimsPay® and Sapiens ClaimsPro platforms, providing North American insurers with a swift means to implement digital payment management solutions.
  • The inclusion of One Inc’s ClaimsPay solution will empower insurance providers to efficiently distribute claims payments to a wide range of recipients.
  • With integrated mobile and web platforms, it provides customers with a modern claims experience that uses familiar mobile technology such as Venmo and PayPal, in addition to direct payment options.

European Automotive Leader Goes Live with Sapiens IDITSuite for Auto Insurance

Retrieved on: 
Tuesday, December 12, 2023
Cloud, SPNS, Acquisition, Insurance, Policy, Sapiens International Corporation, TASE, Cryptocurrency, Sapiens

HOLON, Israel, Dec. 12, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading European automotive brand has gone live with Sapiens IDITSuite and Sapiens Cloud and Application Management Services for the company's self-guarantee and warranty insurance lines of business.

Key Points: 
  • Sapiens' solution replaces the company's existing systems for policy portfolio management and claims management.
  • Phase one of implementation for automotive warranty took just over a year, with the second phase of product warranty implementation planned for 2024.
  • "Sapiens' digitally-led, end-to-end policy administration system helped our client achieve their ambitious goal of implementation in just over a year."
  • Sapiens IDITSuite is an AI-powered, end-to-end insurance software product that supports customer acquisition, billing, finance, claims, and renewals.

European Automotive Leader Goes Live with Sapiens IDITSuite for Auto Insurance

Retrieved on: 
Tuesday, December 12, 2023
Cloud, SPNS, Acquisition, Insurance, Policy, Sapiens International Corporation, TASE, Cryptocurrency, Sapiens

HOLON, Israel, Dec. 12, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading European automotive brand has gone live with Sapiens IDITSuite and Sapiens Cloud and Application Management Services for the company's self-guarantee and warranty insurance lines of business.

Key Points: 
  • Sapiens' solution replaces the company's existing systems for policy portfolio management and claims management.
  • Phase one of implementation for automotive warranty took just over a year, with the second phase of product warranty implementation planned for 2024.
  • "Sapiens' digitally-led, end-to-end policy administration system helped our client achieve their ambitious goal of implementation in just over a year."
  • Sapiens IDITSuite is an AI-powered, end-to-end insurance software product that supports customer acquisition, billing, finance, claims, and renewals.

Sapiens Releases Latest Version of IllustrationPro and ApplicationPro with Enhanced Digital Engagement

Retrieved on: 
Monday, December 4, 2023
Sale, SPNS, MFA, Life annuity, Life, Insurance, EAPP, Multi-factor authentication, Sapiens International Corporation, TASE, Mobile phone, Online shopping, Sapiens

ROCHELLE PARK, N.J., Dec. 4, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced the launch of its latest version of Sapiens IllustrationPro and Sapiens ApplicationPro. This new release brings a multitude of enhancements and additions, all designed to empower insurers with innovation, improved member servicing, and reinforced security measures.

Key Points: 
  • ROCHELLE PARK, N.J., Dec. 4, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced the launch of its latest version of Sapiens IllustrationPro and Sapiens ApplicationPro .
  • Sapiens IllustrationPro is a dynamic point-of-sale solution for Life & Annuities that quickly and accurately generates quotes and compliant illustrations through an intuitive and modern engagement.
  • In parallel, Sapiens ApplicationPro streamlines processes for seasoned and novice agents through a wizard-based, self-directed navigation that simplifies data input.
  • "With a focus on enhanced digital servicing and increased security, this latest release accelerates the pace of innovation and value delivery to our customers."

Sapiens Releases Latest Version of IllustrationPro and ApplicationPro with Enhanced Digital Engagement

Retrieved on: 
Monday, December 4, 2023
Sale, SPNS, MFA, Life annuity, Life, Insurance, EAPP, Multi-factor authentication, Sapiens International Corporation, TASE, Mobile phone, Online shopping, Sapiens

ROCHELLE PARK, N.J., Dec. 4, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced the launch of its latest version of Sapiens IllustrationPro and Sapiens ApplicationPro. This new release brings a multitude of enhancements and additions, all designed to empower insurers with innovation, improved member servicing, and reinforced security measures.

Key Points: 
  • ROCHELLE PARK, N.J., Dec. 4, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced the launch of its latest version of Sapiens IllustrationPro and Sapiens ApplicationPro .
  • Sapiens IllustrationPro is a dynamic point-of-sale solution for Life & Annuities that quickly and accurately generates quotes and compliant illustrations through an intuitive and modern engagement.
  • In parallel, Sapiens ApplicationPro streamlines processes for seasoned and novice agents through a wizard-based, self-directed navigation that simplifies data input.
  • "With a focus on enhanced digital servicing and increased security, this latest release accelerates the pace of innovation and value delivery to our customers."

Saskatchewan Workers' Compensation Board Selects Sapiens to Transform its Core Workers' Compensation System

Retrieved on: 
Thursday, November 9, 2023
WCB, Insurance, SPNS, Omnichannel, Collaboration, Compensated emancipation, Intelligence, TASE, Workers Compensation Board of Manitoba, Automation, Sapiens International Corporation, Online shopping, Sapiens

ROCHELLE PARK, N.J., Nov. 9, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that the Saskatchewan Workers' Compensation Board (WCB), a provincially legislated body that administers the provincial compensation system on behalf of workers and employers, has selected Sapiens' CoreSuite for Workers Compensation, DigitalSuite, and Intelligence to transform the WCB's legacy core systems with a modern, integrated platform for efficient service delivery. The WCB will also use Sapiens' cloud services for a seamless and secure hosting experience.

Key Points: 
  • The WCB will also use Sapiens' cloud services for a seamless and secure hosting experience.
  • Saskatchewan WCB is looking to meet customers' evolving needs by replacing their core workers compensation systems to increase operational efficiency through automated workflows and work management.
  • The WCB's selection of CoreSuite for Workers Compensation was prompted by its easily configurable, out-of-the box functionality and proven, purpose-built solution for workers' compensation.
  • The WCB chose Sapiens for their expertise in the workers' compensation industry and focus on the customer experience.

Saskatchewan Workers' Compensation Board Selects Sapiens to Transform its Core Workers' Compensation System

Retrieved on: 
Thursday, November 9, 2023
WCB, Insurance, SPNS, Omnichannel, Collaboration, Compensated emancipation, Intelligence, TASE, Workers Compensation Board of Manitoba, Automation, Sapiens International Corporation, Online shopping, Sapiens

ROCHELLE PARK, N.J., Nov. 9, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that the Saskatchewan Workers' Compensation Board (WCB), a provincially legislated body that administers the provincial compensation system on behalf of workers and employers, has selected Sapiens' CoreSuite for Workers Compensation, DigitalSuite, and Intelligence to transform the WCB's legacy core systems with a modern, integrated platform for efficient service delivery. The WCB will also use Sapiens' cloud services for a seamless and secure hosting experience.

Key Points: 
  • The WCB will also use Sapiens' cloud services for a seamless and secure hosting experience.
  • Saskatchewan WCB is looking to meet customers' evolving needs by replacing their core workers compensation systems to increase operational efficiency through automated workflows and work management.
  • The WCB's selection of CoreSuite for Workers Compensation was prompted by its easily configurable, out-of-the box functionality and proven, purpose-built solution for workers' compensation.
  • The WCB chose Sapiens for their expertise in the workers' compensation industry and focus on the customer experience.

Sapiens Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Public expenditure, EBITDA, GAAP, Acquisition, Exercise, Judgement, Bank statement, Growth, Depreciation, Health Management Associates (Florida company), Drug, Bank, Real estate, Sapiens

Sapiens believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Sapiens' financial condition and results of operations.

Key Points: 
  • Sapiens believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Sapiens' financial condition and results of operations.
  • These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company's board of directors.
  • Sapiens urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company's business.
  • Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables of this release.

Sapiens Hosted Annual North America Customer Summit in Tucson, Arizona

Retrieved on: 
Monday, October 30, 2023
Female, Insurance, ODG, Azure, IA Financial Group, Synthetic media, LTIMindtree, SPNS, F-14, Organization, Generative, R, Summit, Fintech, Microsoft Azure, Partner, TASE, Model, AI, CMO, Sapiens International Corporation, Management, Video game, Cincom Systems, Microsoft, United States Navy, Sapiens

ROCHELLE PARK, N.J., Oct. 30, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, hosted its annual North America Customer Summit in Tucson, Arizona on October 23-25, 2023. Attendees included insurance customers, prospects, and partners, with industry-leading experts from Microsoft, Deloitte, Celent, and Datos Insights.

Key Points: 
  • The Summit included more than 500 participants from over 110 insurance companies, customers, and partners
    ROCHELLE PARK, N.J., Oct. 30, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, hosted its annual North America Customer Summit in Tucson, Arizona on October 23-25, 2023.
  • Dedicated streams for all lines of business delivered by Sapiens Division Presidents and solution experts covered Sapiens' latest product developments and future roadmaps.
  • "Our annual Customer Summit is a platform for our customers to gain valuable industry insights to drive their innovation journeys," said Roni Al-Dor, President and CEO, Sapiens.
  • The Partner showcase at the Summit provided 18 key insurtech partners with the opportunity to show how their offerings fit into the Sapiens ecosystem.