Core Insights - Sapiens International Corporation hosted its annual North America Customer Summit in Phoenix, Arizona, with approximately 540 participants from 130 insurance and partner companies [1] - The theme of the Summit was 'Rising Beyond Limits,' focusing on innovation, collaboration, and transformative technology in the insurance sector [2] - Keynote speaker Seth Mattison emphasized unlocking human potential amid rapid transformation, urging attendees to rethink growth and leadership [2] Industry Trends - Anu Chawla from Microsoft discussed the transformative impact of agentic AI on the insurance landscape [3] - A panel led by Santosh Kutty from Deloitte addressed how market shifts and emerging technologies are redefining the future of insurance [3] - Executives from leading insurers shared insights on their transformation journeys, highlighting risks and rewards [4] Company Developments - Sapiens showcased its latest innovations and strategic roadmaps across various lines of business during the Summit [4] - Yaffa Cohen-Ifrah, CMO of Sapiens, stated the Summit serves as a platform for exchanging ideas and shaping the future of insurance technology [5] - The company is committed to empowering clients to navigate challenges and seize new opportunities in a dynamic market [5] Financial Information - On August 12, 2025, Sapiens announced a definitive agreement to be acquired by Advent for $43.50 per common share, valuing the company at approximately $2.5 billion [8]

Accessibility StatementSkip Navigation New capability within Sapiens Decision empowers enterprises to monitor, evaluate, and optimize automated decisions with unprecedented transparency and control Capturing and organizing every decision outcome and its underlying logic enables business users to ask questions in natural language, test scenarios, and identify optimization opportunities without technical complexity. It transforms decision-execution data into insight that fuels transparency, accountability, an ...

Core Insights - AdvantageGo has launched the new version of its Underwriting Workbench, aimed at enhancing operational efficiency and accelerating growth in the property & casualty (P&C) markets in EMEA and North America [1][3] Product Features and Benefits - Version 3.0 of the Underwriting Workbench transforms traditional underwriting software into a comprehensive business management solution, providing underwriters with proactive decision intelligence for optimal risk selection [2][3] - The platform features a non-linear workflow architecture that allows underwriters to navigate cases dynamically, reducing bottlenecks and improving decision-making [4] - Seamless collaboration is facilitated through deep integration with Microsoft Outlook and Microsoft Teams, enabling real-time document sharing and automated notifications [4] - Advanced analytics capabilities offer real-time, customizable insights tailored to individual roles, allowing users to track key performance indicators and market trends [5] - The introduction of dedicated user interfaces for different roles (Action, Performance, Manager, and Admin) optimizes the user experience for various stakeholders [6] - AI insights and operational excellence are achieved through advanced analytics and intelligent automation, which reduce manual processes and accelerate time-to-decision [7][8] Strategic Expansion - The release of Underwriting Workbench v3.0 marks a strategic expansion into North America, tailored to the unique demands of the U.S. and Canadian P&C sectors, enhancing underwriting digitization and modernization [3]

This partnership provides Sapiens' clients with an Underwriting Advisor to guide them through the complexities of commercial insurance, ensuring profitable risk selection and growth. Sapiens and Linqura are committed to redefining the commercial insurance landscape through innovation and operational efficiency. Partnership empowers P&C insurers to profitably scale their business insurance portfolio in all market conditions , /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a g ...

Core Viewpoint - The State Administration for Market Regulation has approved Keysight Technologies' acquisition of Spirent Communications with additional restrictive conditions to maintain market competition [1] Group 1: Acquisition Details - The acquisition involves significant suppliers of global communication testing products, enhancing Keysight Technologies' control in the high-speed Ethernet testing and network security testing markets [1] Group 2: Regulatory Considerations - The regulatory body considered the potential adverse effects on market competition during the review process and imposed conditions such as divesting certain business segments with serious competition issues to preserve the original competitive landscape [1]

Core Insights - Sapiens International Corporation has successfully upgraded Medical Protection Society (MPS) to a new version of IDITSuite, enhancing its core suite by six versions, which provides future-proof architecture and extended lifecycle support [1][2] Company Overview - Medical Protection Society is a leading member-owned, not-for-profit organization for healthcare professionals, supporting nearly 300,000 members globally since its founding in 1892 [3] - Sapiens International Corporation specializes in intelligent SaaS-based software solutions, serving over 600 customers in more than 30 countries, and is recognized for its innovative offerings in the insurance industry [3] Project Details - The upgrade project was completed on time, within budget, and with high quality, emphasizing a strong collaboration between MPS and Sapiens [2] - Key benefits of the upgrade include improved member experience, faster response to industry developments, and reduced total cost of ownership [2] Technical Enhancements - The new version of IDITSuite features future-proof architecture, extended lifecycle support, enhanced functionality, improved performance, and reinforced security protocols [4] - The solution is AI-powered and supports various insurance processes, including customer acquisition, billing, finance, claims, and renewals [2][4] Financial Context - On August 12, 2025, Sapiens announced a definitive agreement to be acquired by Advent for $43.50 per common share, valuing the company at approximately $2.5 billion [5]

Core Viewpoint - The Ademi Firm is investigating Sapiens for potential breaches of fiduciary duty and other legal violations related to its transaction with Advent, which involves a cash payment of $43.50 per common share, totaling approximately $2.5 billion [1]. Group 1 - The investigation by the Ademi Firm focuses on Sapiens' transaction with Advent [1]. - Shareholders of Sapiens are set to receive $43.50 per common share in cash [1]. - The total value of the transaction is approximately $2.5 billion [1].

Core Insights - Sapiens International Corporation has launched its Automated Testing Services (ATS) to enhance efficiency in workers' compensation operations for Encova Insurance [1][5] - The ATS aims to reduce testing cycles, improve software quality, and allow internal resources to focus on higher-value initiatives [1][2] Company Partnership - Encova Insurance has expanded its partnership with Sapiens to address the challenges of time-intensive regression testing, which hindered frequent system upgrades [2] - The ATS provides Encova with access to a pre-built automated regression test suite that is regularly updated and customized for their operational needs [2][4] Operational Benefits - The implementation of ATS is expected to significantly reduce testing time and improve consistency in test coverage, leading to faster and higher-quality software releases [3] - Encova will receive personalized support, including training for developing automated test cases, enhancing operational flexibility [4] Technology Utilization - The ATS utilizes Microsoft Playwright, an open-source testing tool, integrated with a custom framework developed by Sapiens [4] - The first round of automated tests is scheduled to support Encova's next software upgrade in October 2025 [5] Company Background - Encova Insurance is a top 25 mutual insurance company in the U.S., with over $1.3 billion in premiums and assets exceeding $5.4 billion [7] - Sapiens International Corporation is recognized for its SaaS-based software solutions, serving over 600 customers in more than 30 countries [8][9]

Core Insights - Sapiens International Corporation launched version 13.0 of Sapiens CoreSuite for Property & Casualty, enhancing capabilities for underwriting and claims in the North American insurance market [1][4] - The new version aims to address challenges faced by clients, including visibility into underwriting, integration costs, and the need for smarter risk evaluation [2][3] - The upgrade includes AI-powered tools for faster and more accurate underwriting, improving operational efficiency and user experience [3][4] Product Enhancements - Significant performance improvements have been made across ClaimsPro, BillingPro, and PolicyPro solutions, optimizing operational efficiency and user experience [1][2] - Enhanced billing capabilities include streamlined payable statement creation and a new policy filter for faster navigation and processing [2] - The integrated suite supports policy administration, billing, and claims, allowing insurers to adapt to market changes and customer expectations [4] Strategic Context - Sapiens' long-term strategy focuses on leveraging corporate investments to support customer needs, as reflected in the new version of CoreSuite [2] - The company has a global presence, serving over 600 customers in more than 30 countries, and is recognized for its innovative offerings [5] - Sapiens is set to be acquired by Advent for $43.50 per common share, valuing the company at approximately $2.5 billion [5]

Core Insights - Bankers Insurance Group has selected Sapiens CoreSuite for Property & Casualty to modernize its technology stack and support its growth strategy [1][2] - The partnership aims to enhance operational efficiency and deliver new products, starting with builder's risk and business owner's policy [2][3] - Sapiens CoreSuite will facilitate Bankers' transition from legacy systems to a modern, automated platform, improving service levels and responsiveness [3][4] Company Overview - Bankers Insurance Group, a subsidiary of Bankers Financial Corporation, specializes in commercial insurance in the Southeastern United States and has a history of managing catastrophic events [5] - Founded in 1976, the company has grown significantly and focuses on providing tailored insurance solutions to meet customer needs [6] Sapiens Overview - Sapiens International Corporation is a leader in SaaS-based software solutions for the insurance industry, serving over 600 customers in more than 30 countries [7][8] - The company's CoreSuite is designed to support insurers in adapting to market changes and enhancing operational excellence through automation and advanced analytics [4][8]