Sapiens Insurance Platform for Life & Annuities will provide one integrated solution to support all products and services throughout the insurance lifecycle ROCHELLE PARK, N.J., Sept. 5, 2024 /PRNewswire/ --Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading tier-one life and health insurer in Canada has selected Sapiens Insurance Platform for Life & Annuities (L&A) to improve operational p ...

Version 12.0 reflects Sapiens' investment strategy and tech advancements to support the diverse needs of insurers across all personal and commercial lines of business ROCHELLE PARK, N.J., Aug. 27, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the launch of its latest version of Sapiens CoreSuite for Property & Casualty for the North American insurance market. The new release del ...

Sapiens International's (SPNS) shares have returned 20.4% year to date compared with the Zacks Computer Software industry's growth of 8.4% and the Zacks Computer and Technology sector's return of 18%. SPNS has been benefiting from an innovative SaaS portfolio, which is helping it expand its customer base and drive top-line growth. In second-quarter 2024, revenues increased 6.6% year over year to $136.8 million. Annualized recurring revenue (ARR) rose 12.1% year over year to $168.6 million. Sapiens expanding ...

Sapiens' reinsurance management solution to improve efficiency, expand capabilities for complex structure management, and mitigate claims leakage ROCHELLE PARK, N.J., Aug. 12, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Society Insurance, a leading U.S. niche insurance provider, has selected Sapiens ReinsurancePro to increase efficiency, streamline financial reporting, an ...

Sapiens enables process modernization, speed to market, and expansion of Continental General's TPA services ROCHELLE PARK, N.J., Aug. 7, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS) ("Sapiens"), a leading global provider of software solutions for the insurance industry, today announced that Continental General Insurance Company (together with its affiliates, "Continental General"), a life, accident, and health insurance company, has selected Sapiens as a technology par ...

Sapiens' automation of the reinsurer's processes ensures financial stability and operational excellence ROCHELLE PARK, N.J., Aug. 6, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Rockford Mutual Insurance Company has selected Sapiens ReinsurancePro to fully automate their reinsurance management processes, to maximize efficiency and profitability, and mitigate costly claims ...

ROCHELLE PARK, N.J., Aug. 1, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the second quarter ended June 30, 2024. | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------|------------------|----------|----------|--------------------|----------|----------| | Summary Results for Secon ...

Exhibit 99.1 Sapiens Reports Second Quarter 2024 Financial Results Rochelle Park, NJ, August 1, 2024 – Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the second quarter ended June 30, 2024. | | | | | GAAP | | | | Non-GAAP | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Q2 2024 | | | Q2 2023 | % Change | Q2 2024 | | Q2 2023 | % Change | | Revenue | $ | 136.8 ...

ROCHELLE PARK, N.J., July 9, 2024 /PRNewswire/ -- Sapiens International Corporation (Nasdaq: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Ma'alot S&P Global (a part of the global rating firm Standard & Poor's Financial Services LLC) ("Ma'alot") has confirmed the long-term issuer rating for Sapiens as "ilAA-", with stable outlook, while also confirming the rating for Sapiens' Series B Debentures as "ilAA-". Maalot's official rating repor ...

The strategic expansion marks a significant milestone in Sapiens' growth trajectory and strengthens support for Sapiens' existing MPL customers while expanding its reach to new prospects seeking global best practices, a vibrant user community, and an extensive partner ecosystem. For MPL insurers' customers, ease of integration is a critical differentiator. "Cloud-based solutions with AIdriven automation have become the de facto standard for any kind of implementation or application that not only serves the ...