Sapiens(US:SPNS) Prnewswireยท2025-10-30 10:21Core 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]