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 ...

Therefore, the Zacks rating upgrade for Sapiens basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The change in a company's future earnings potential, as reflected in earnings estimate r ...

Sapiens International Corporation (SPNS) , a leading global provider of software solutions for the insurance industry, has announced the launch of its cutting-edge AI-powered, cloud-native insurance platform. The Sapiens Insurance Platform supports end-to-end insurance processes across all lines of business, enhancing growth through Sapiens' global expertise and local presence. One of the platform's key advantages is its preintegrated, packaged business solutions, which ensure rapid deployment and implement ...

About Sapiens "Sapiens' next generation enhanced platform empowers our customers to leverage AI across their business processes, enabling them to stay ahead, drive growth, and exceed customer expectations. By adopting the platform approach, streamlining our processes and leveraging shared foundations and technology engines, we deliver even greater value to our customers, more quickly than ever before," said Roni Al-Dor, Sapiens President & CEO. "Sapiens integration with Microsoft Azure OpenAI accelerates th ...

Sapiens currently has a Zacks Rank #2 (Buy). NVIDIA (NVDA) and Alphabet (GOOGL) are a couple of other top-ranked stocks in the broader Zacks Computer & Technology sector, each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Sapiens shares have returned 23.1%, underperforming both NVIDIA and Alphabet, shares of which have gained 209% and 43.3%, respectively. Long term earnings growth rate for NVIDIA and Alphabet is currently pegged at 37.57 ...