NASDAQ:SPNS

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 to Participate in the 26th Annual Needham Growth Conference on January 17 & 18, 2024

Retrieved on: 
Thursday, December 7, 2023
SPNS, System, Insurance, Conference, Sapiens International Corporation, TASE, Cryptocurrency

ROCHELLE PARK, N.J. , Dec. 7, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that management is scheduled to attend the 26th Annual Needham Growth Conference on January 17 and 18, 2024 in New York City.

Key Points: 
  • ROCHELLE PARK, N.J. , Dec. 7, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that management is scheduled to attend the 26th Annual Needham Growth Conference on January 17 and 18, 2024 in New York City.
  • For more information about the conference or to schedule a one-on-one meeting with Sapiens, please get in touch with your Needham representative.
  • Also note that Needham reserves the right to adjust a company's meeting schedule, including its presentation time.
  • It is recommended that participants confirm all meeting times with the conference organizers.

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."

Sapiens Wins Two Celent XCelent Awards and Recognized as ''Luminary" for IllustrationPro for Life & Annuities

Retrieved on: 
Tuesday, November 28, 2023
Sale, Luminary, Life annuity, Life, Insurance, Customer base, Research, SPNS, Length, Advanced technology, Technical, Growth, EAPP, Sapiens International Corporation, TASE, Gerald Celente, Support

Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.

Key Points: 
  • Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.
  • "As an industry leader, Sapiens is proud to accelerate our clients' digital transformation and advanced market offerings to support their long-term growth."
  • 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.
  • This responsive solution seamlessly operates across various devices and expedites the sales process improving the overall customer and agent experience.

Sapiens Wins Two Celent XCelent Awards and Recognized as ''Luminary" for IllustrationPro for Life & Annuities

Retrieved on: 
Tuesday, November 28, 2023
Sale, Luminary, Life annuity, Life, Insurance, Customer base, Research, SPNS, Length, Advanced technology, Technical, Growth, EAPP, Sapiens International Corporation, TASE, Gerald Celente, Support

Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.

Key Points: 
  • Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.
  • "As an industry leader, Sapiens is proud to accelerate our clients' digital transformation and advanced market offerings to support their long-term growth."
  • 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.
  • This responsive solution seamlessly operates across various devices and expedites the sales process improving the overall customer and agent 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.

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.