Sapiens(SPNS) Prnewswire·2025-03-10 10:00Core Insights - The collaboration between Pioneer and Sapiens represents a significant milestone for Pioneer, enhancing its operations and capabilities while embracing digitalization in the insurance industry [1][2] - This partnership aims to improve core processes through advanced technology, enabling Pioneer to better respond to evolving market demands and achieve ambitious growth goals [2] Company Overview: Pioneer Insurance and Surety Corporation - Pioneer Insurance has been serving Filipinos for 70 years, focusing on innovative and relevant insurance solutions [3] - The company is consistently ranked among the top 3 insurance companies in the Philippines by the Insurance Commission, demonstrating its leadership in the non-life insurance sector [3] - Pioneer operates with over 1,000 employees across more than 20 branches nationwide, driven by core values of integrity, excellence, and empathy [3] Company Overview: Sapiens International Corporation - Sapiens is a global leader in intelligent insurance software solutions, empowering insurers to achieve operational excellence in a rapidly changing marketplace [4] - The company serves over 600 customers in more than 30 countries, providing innovative SaaS offerings that leverage AI and advanced automation [4] - Sapiens is recognized for its commitment to customer partnerships and continuous innovation, ensuring success throughout the transformation journey of its clients [4]