Overview
About Sapiens
Sapiens is a global provider of innovative software solutions for the financial services industry, with focus on insurance – General insurance/Property, Casualty, life, pension, and retirement.Corporate Profile
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of innovative software solutions for the financial services industry, with a focus on insurance.
We offer core end-to-end software solutions for the Property & Casualty, General Insurance and Life & Pension markets.
We have a track record of more than 30 years in delivering superior software solutions to more than 100 financial services organizations, including insurance, retirement, and mortgage providers
Our team of over 700 insurance and technology experts, operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific.
Insurance carriers and other financial services providers apply our solutions to modernize business processes, rapidly launch new products, build multiple distribution channels, adhere with new regulations, and respond quickly to changes in the industry.
Coupled with our financial stability, we aim to become the vendor of choice in the insurance software marketplace.
Exceptional Offering for Insurance Software Packaged Solutions
- Software solutions for all core Property & Casualty General Insurance (“P&C”) and Life, Pensions and Annuities (“L&P”) business needs.
- Field-proven project delivery - At over 100 customers, including by 70 customers using our insurance software solutions.
- Rich portfolio of insurance best practices - With track record of 30 years in business
- Bandwidth of professional services - Backed by 700+ insurance and technology domain experts
Global Industry Recognition
- Award winning software solutions for breadth of functionality on proven modern technologies
- Award winning project implementations for excellent software deployment of our solutions
- Sound network of strategic business partners and local integrators
- Strong support from the business and the analyst community
Strong Leadership and Corporate Vision
- Strong management team focused on growth and efficiency
- Clear strategic vision
- Close collaboration with customers to enhance and accelerate business performance
On August 22, 2011 Sapiens International completed a merger transaction with IDIT Technologies and FIS Software, to become one of the major players in the global insurance software industry. This merger is an important step in our growth strategy and we are confident that this move will further foster our undisputed commitment to providing significant competitive advantages to our customers and to the insurance industry.
The synergy between the three companies provides a unique value proposition for a market with growing needs for innovative, proven solutions for Property & Casualty, General Insurance, Life & Pension, and Reinsurance. Our customers will now enjoy a broad portfolio of insurance software solutions, supported by additional bandwidth of insurance industry skills and project implementation capabilities.
Sapiens International Corporation (NASDAQ and TASE: SPNS) is part of the Formula Group (NASDAQ and TASE: FORTY).
Formula Systems is part of the Asseco Group since November 2010. The Asseco group is an international federation of profitable companies developing and delivering IT solutions.