SPNS

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] .

SAPIENS DECLARES CASH DIVIDEND OF $15.6 MILLION, OR $0.28 PER SHARE FOR THE SECOND HALF OF 2023

Retrieved on: 
Monday, March 25, 2024
Insurance, SPNS, Policy

The dividend is in line with the Company's policy of distributing on a semi-annual basis up to 40% of its annual non-GAAP net income and will be paid on April 18, 2024 to Sapiens' shareholders of record as of April 5, 2024.

Key Points: 
  • The dividend is in line with the Company's policy of distributing on a semi-annual basis up to 40% of its annual non-GAAP net income and will be paid on April 18, 2024 to Sapiens' shareholders of record as of April 5, 2024.
  • The dividend is subject to withholding of Israeli tax at source at the rate of 25% of the dividend amount payable to each shareholder of record.
  • "This dividend distribution to Sapiens' shareholders underscores our company's robust financial performance and our unwavering confidence in our strategic execution," stated Roni Al-Dor, President & CEO of Sapiens.
  • "I thank our shareholders, customers, partners, and employees for their steadfast loyalty and support."

Celent Names Sapiens P&C Claims Solution as 2024 Luminary in EMEA and APAC

Retrieved on: 
Thursday, March 21, 2024
Automation, Property, Sapiens International Corporation, Luminary, Insurance, SPNS, P&C

UXBRIDGE, England, March 21, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Sapiens IDITSuite for Property & Casualty module, ClaimsMaster, received the highest ranking of Luminary in Celent's 2024 Claims Systems Vendors report in EMEA and APAC, for excellence in advanced technology and breadth of functionality. 

Key Points: 
  • Sapiens is the only vendor out of more than 20 claims solutions in EMEA and APAC that was selected for both the Luminary as well as four XCelent awards.
  • Sapiens was awarded for its exceptional core claims system, as well as its continual investments in advanced digital and cloud-based capabilities and enhanced automation.
  • In addition, Sapiens Tia Enterprise P&C claims solution and Sapiens DianaSuite were recognized in Celent's EMEA report.
  • "Sapiens demonstrated the functionality of its core claims solution and its commitment to provide innovative solutions for insurers."

Celent Names Sapiens P&C Claims Solution as 2024 Luminary in EMEA and APAC

Retrieved on: 
Thursday, March 21, 2024
Automation, Property, Sapiens International Corporation, Luminary, Insurance, SPNS, P&C

UXBRIDGE, England, March 21, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Sapiens IDITSuite for Property & Casualty module, ClaimsMaster, received the highest ranking of Luminary in Celent's 2024 Claims Systems Vendors report in EMEA and APAC, for excellence in advanced technology and breadth of functionality. 

Key Points: 
  • Sapiens is the only vendor out of more than 20 claims solutions in EMEA and APAC that was selected for both the Luminary as well as four XCelent awards.
  • Sapiens was awarded for its exceptional core claims system, as well as its continual investments in advanced digital and cloud-based capabilities and enhanced automation.
  • In addition, Sapiens Tia Enterprise P&C claims solution and Sapiens DianaSuite were recognized in Celent's EMEA report.
  • "Sapiens demonstrated the functionality of its core claims solution and its commitment to provide innovative solutions for insurers."

Celent Names Sapiens ClaimsPro for P&C in North America as 2024 Luminary

Retrieved on: 
Monday, March 11, 2024
Growth, Property, Sapiens International Corporation, Policy, Luminary, Insurance, SPNS

ROCHELLE PARK, N.J., March 11, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Sapiens ClaimsPro for Property & Casualty in North America received the highest ranking of Luminary in Celent's 2024 Claims Systems Vendors report, for excellence in advanced technology and breadth of functionality.

Key Points: 
  • Celent described Sapiens ClaimsPro as "a comprehensive and highly adaptable core claims system, ideal for both personal and commercial lines.
  • "Receiving Celent's highest ranking of Luminary highlights Sapiens' commitment to propel our customers' digital transformations with next-generation solutions.
  • Celent recognizes that commitment, as evidenced by their year-over-year improvement in Sapiens' rankings, from functionality standout last year to Luminary this year," said Roni Al-Dor, Sapiens President and CEO.
  • Sapiens ClaimsPro for Property & Casualty enables insurers to unlock powerful, auditable, configurable and AI-driven automation for all lines of business.

Celent Names Sapiens ClaimsPro for P&C in North America as 2024 Luminary

Retrieved on: 
Monday, March 11, 2024
Growth, Property, Sapiens International Corporation, Policy, Luminary, Insurance, SPNS

ROCHELLE PARK, N.J., March 11, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Sapiens ClaimsPro for Property & Casualty in North America received the highest ranking of Luminary in Celent's 2024 Claims Systems Vendors report, for excellence in advanced technology and breadth of functionality.

Key Points: 
  • Celent described Sapiens ClaimsPro as "a comprehensive and highly adaptable core claims system, ideal for both personal and commercial lines.
  • "Receiving Celent's highest ranking of Luminary highlights Sapiens' commitment to propel our customers' digital transformations with next-generation solutions.
  • Celent recognizes that commitment, as evidenced by their year-over-year improvement in Sapiens' rankings, from functionality standout last year to Luminary this year," said Roni Al-Dor, Sapiens President and CEO.
  • Sapiens ClaimsPro for Property & Casualty enables insurers to unlock powerful, auditable, configurable and AI-driven automation for all lines of business.

Sapiens Expands Presence in Canadian Market to Accelerate Growth for Canadian Insurers

Retrieved on: 
Monday, March 4, 2024
Growth, Life, Compensated emancipation, WCB, Software as a service, SPNS, Ecosystem, Sapiens International Corporation, Workforce, Insurance, Partnership, Manufacturing

ROCHELLE PARK, N.J., Mar. 4, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today its strategic expansion in the Canadian market, marking a significant milestone in Sapiens' growth trajectory. With an increased focus on delivering advanced solutions and superior customer service in Canada, Sapiens will strengthen support for existing Canadian customers and expand its reach to new prospects seeking industry-leading SaaS solutions and services across life, property and casualty, and workers' compensation markets.

Key Points: 
  • Sapiens has been successfully serving leading Canadian insurers for more than 15 years.
  • Sapiens' strategic decision to expand its Canadian presence even further comes amidst a surge in regional customers, including Saskatchewan Workers' Compensation Board (WCB).
  • Sapiens CoreSuite for Workers Compensation , Sapiens DigitalSuite , and Sapiens Intelligence will transform WCB's core systems, streamline service delivery and enhance operational efficiency.
  • With our expanded footprint and augmented capabilities, Sapiens is poised for continued growth and success in the Canadian market," said Roni Al-Dor, Sapiens President & CEO.

Sapiens Expands Presence in Canadian Market to Accelerate Growth for Canadian Insurers

Retrieved on: 
Monday, March 4, 2024
Growth, Life, Compensated emancipation, WCB, Software as a service, SPNS, Ecosystem, Sapiens International Corporation, Workforce, Insurance, Partnership, Manufacturing

ROCHELLE PARK, N.J., March 4, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today its strategic expansion in the Canadian market, marking a significant milestone in Sapiens' growth trajectory. With an increased focus on delivering advanced solutions and superior customer service in Canada, Sapiens will strengthen support for existing Canadian customers and expand its reach to new prospects seeking industry-leading SaaS solutions and services across life, property and casualty, and workers' compensation markets.

Key Points: 
  • Sapiens has been successfully serving leading Canadian insurers for more than 15 years.
  • Sapiens' strategic decision to expand its Canadian presence even further comes amidst a surge in regional customers, including Saskatchewan Workers' Compensation Board (WCB).
  • Sapiens CoreSuite for Workers Compensation , Sapiens DigitalSuite , and Sapiens Intelligence will transform WCB's core systems, streamline service delivery and enhance operational efficiency.
  • With our expanded footprint and augmented capabilities, Sapiens is poised for continued growth and success in the Canadian market," said Roni Al-Dor, Sapiens President & CEO.

Sapiens Expands Presence in Canadian Market to Accelerate Growth for Canadian Insurers

Retrieved on: 
Monday, March 4, 2024
Growth, Life, Compensated emancipation, WCB, Software as a service, SPNS, Ecosystem, Sapiens International Corporation, Workforce, Insurance, Partnership, Manufacturing

ROCHELLE PARK, N.J., March 4, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today its strategic expansion in the Canadian market, marking a significant milestone in Sapiens' growth trajectory. With an increased focus on delivering advanced solutions and superior customer service in Canada, Sapiens will strengthen support for existing Canadian customers and expand its reach to new prospects seeking industry-leading SaaS solutions and services across life, property and casualty, and workers' compensation markets.

Key Points: 
  • Sapiens has been successfully serving leading Canadian insurers for more than 15 years.
  • Sapiens' strategic decision to expand its Canadian presence even further comes amidst a surge in regional customers, including Saskatchewan Workers' Compensation Board (WCB).
  • Sapiens CoreSuite for Workers Compensation , Sapiens DigitalSuite , and Sapiens Intelligence will transform WCB's core systems, streamline service delivery and enhance operational efficiency.
  • With our expanded footprint and augmented capabilities, Sapiens is poised for continued growth and success in the Canadian market," said Roni Al-Dor, Sapiens President & CEO.

Sapiens and DataCrest Forge Partnership to Elevate Underwriting Precision in P&C Sector

Retrieved on: 
Monday, February 26, 2024
Appeasement, P&C, SPNS, Sapiens International Corporation, Insurance, Partnership, Risk management

ROCHELLE PARK, N.J., Feb. 26, 2024 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and DataCrest, a pioneer in innovative insurance solutions, today announced the formation of a strategic partnership to revolutionize the application process and drive premium growth for P&C insurers.

Key Points: 
  • The partnership between Sapiens' market-leading solutions and DataCrest's AppEase platform will accelerate operational efficiencies for P&C insurers.
  • The collaboration will enable DataCrest to better cater to its customers' needs and empower them to develop more leading digital experiences, to increase efficiency, revenue, and hit ratios.
  • "By working together, Sapiens and DataCrest can offer next-gen, cost-effective solutions to our customers while further expanding the boundaries of the insurtech revolution.
  • DataCrest has proven to be a model partner and has shown great diligence in refining the integration of our two solutions.