Core Insights - Sapiens International Corporation has released an updated version of CoreSuite, a policy administration system designed for life insurers, which enhances operational efficiency and customer engagement through generative AI [1][5] - The new features include AI-powered chatbots, machine learning-driven lead generation, and predictive tools that enable personalized customer interactions [2][5] - The updated CoreSuite is fully integrated within the Sapiens Insurance Platform, offering a comprehensive suite of life, pensions, and annuity products for quick deployment [4][6] Technological Enhancements - The release includes a newly enhanced conversion and migration toolset that leverages generative AI to analyze legacy data and improve productivity [3] - A redesigned user interface and user experience (UI/UX) across portals and the CoreSuite solution align with accessibility standards, making it more user-friendly [3][5] - The platform supports seamless illustration-to-application conversions and includes integrated detection for abnormal user behavior during application processes [4] Strategic Vision - The company aims to provide life insurers with innovative and practical solutions that empower agents, accelerate underwriting processes, and personalize customer service [5] - Sapiens positions itself as a leader in intelligent SaaS-based software solutions, serving over 600 customers in more than 30 countries [7] - The focus on AI and advanced automation is intended to help insurers modernize and optimize their operations in a rapidly changing market [6][7]

Core Insights - Sapiens International (SPNS) has demonstrated resilience in 2025, with shares down only 2.3% year to date, outperforming the broader Zacks Computer & Technology sector's decline of 14% [1] - The company's consistent recurring revenues, expanding clientele, and strong partner base, including Microsoft and Cognizant, have contributed to its relative strength [1] Revenue Performance - In 2024, recurring and reoccurring revenues from software products and post-production services increased by 14.1% compared to 2023, reaching $390 million, which accounted for 72% of total revenues [2] Product and Service Innovations - Sapiens has launched StatementPro Multi-Company Operations, allowing customers to streamline statutory reporting across multiple statements and companies, thereby reducing administrative burdens and increasing productivity [3] - The latest releases of Sapiens IllustrationPro and Sapiens ApplicationPro enhance automation, risk intelligence, and operational efficiency for agents and advisors [3] Competitive Positioning - Sapiens has outperformed peers like Clearwater Analytics, whose shares have dropped 15.8% year to date [4] - Clearwater's platform aggregates data on over $8.8 trillion of global invested assets for more than 1,400 clients as of December 31, 2024 [4] Strategic Partnerships - Sapiens has successfully expanded its System Integrator ecosystem, strengthening partnerships with Deloitte and LTIMindtree, and establishing new collaborations with Coforge and Cognizant [5] - The partnership with Microsoft is crucial for driving product innovation in the insurance industry, with Sapiens' SaaS solution now available in the Microsoft Azure marketplace [6] Client Acquisitions - Universal Life, a major life and health insurer in Cyprus, has selected Sapiens CoreSuite for Life & Pensions to modernize its core insurance systems, aiming to replace legacy systems and enhance operational performance [7] - Hiscox UK has successfully implemented the Sapiens Insurance Platform, achieving a 30% improvement in application speed and better integration capabilities [8] - Pioneer Insurance and Surety Corporation in the Philippines has chosen the Sapiens Insurance Platform to further its digital transformation, expanding Sapiens' international presence [9] Financial Guidance - For fiscal 2025, Sapiens projects revenues between $553 million and $558 million, with the Zacks Consensus Estimate at $555.81 million, indicating a 2.48% increase from the prior year [10] - The Zacks Consensus Estimate for earnings is $1.46 per share, reflecting a year-over-year decline of 1.35% [10] - The first-quarter 2025 revenue estimate is $136.51 million, suggesting a 1.69% increase from the prior year, while the earnings estimate is 35 cents per share, indicating a year-over-year decline of 2.78% [11]