Sapiens International

Sapiens International Corp. NV provides software solutions for the insurance industry. It offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software. The company was founded by Joseph Bolless and Ron Zuckerman in 1982 and is headquartered in Holon, Israel.

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Sapiens International reports solid Q2 growth and eyes global expansion

Sapiens International's Q2 performance reflects revenue growth, operational efficiency, and successful product launches.
The company's strengths lie in strategic investments, global market presence, and focus on digital transformation.
Challenges include market competition, technology integration, and maintaining cost-effectiveness.
Opportunities for Sapiens include North America expansion, innovation in AI solutions, and global market exploration.

Sapiens reports revenue growth in Q3 amidst SaaS transition

Sapiens International (SPNS) demonstrated revenue growth and profitability in Q3 2024, driven by North America success.
While facing challenges from the transition to a SaaS model, the company maintains a strong focus on innovation and expense management.
Opportunities lie in leveraging AI capabilities, expanding customer base, and solidifying market position in the insurance industry.

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HOLON, Israel, June 16, 2021 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today a new partnership with Long Group Consultants, Inc. that will empower insurers to meet ISO and NCCI statistical reporting requirements simply and seamlessly, while reducing costs, errors and risks. The partnership will offer workers' compensation and P&C insurers with an out-of-the-box solution for statistical reporting required for data calls, submissions to bureaus or statement reconciliations.

Sapiens Offers Insurers an Effective Way to Meet ISO and NCCI Reporting Requirements

HOLON, Israel, June 9, 2021 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Illinois Mutual Life Insurance (IML), a company that services 47 U.S. states and serves over 8,600 independent agents, has implemented two Sapiens' life solutions as part of its digital transformation project. Sapiens IllustrationPro for Life & Annuities and Sapiens ApplicationPro for Life & Annuities were implemented within Illinois Mutual's projected timeline and are the first of multiple implementations in their digital strategy.

Illinois Mutual Life Insurance Goes Live with Sapiens Life Insurance Solutions, as part of its Digital Transformation

HOLON, Israel, June 2, 2021 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today the roll-out of its newly upgraded CoreSuite for Workers' Compensation software package with the second largest overall workers' compensation provider in the US.     The Ohio Bureau of Workers' Compensation (BWC) is the first insurance carrier to complete this significant upgrade of Sapiens CoreSuite for Workers' Compensation.

Upgrade to Sapiens CoreSuite for Workers' Compensation Goes Live in Ohio

HOLON, Israel, May 26, 2021 /PRNewswire/ -- Sapiens Americas, a fully owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Beneva, Canada's largest mutual insurance provider, has successfully upgraded to Sapiens UnderwritingPro Version 11. Beneva was created in 2020 through the coming together of La Capitale and SSQ Insurance to become the largest insurance mutual in Canada with more than 3.5 million members and customers.

Canada's Largest Insurance Mutual, Beneva, Upgrades to Sapiens Enhanced Version of UnderwritingPro

HOLON, Israel, May 19, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens ClaimsMaster, the claims module of Sapiens IDITSuite for Property and Casualty has won Celent's XCelent award for the Breadth of Functionality category. The recognition of Sapiens as Celent's "Top Performer" marks yet another XCelent award that Sapiens has received for IDITSuite and associated modules, illustrating Sapiens' depth of impact, breadth of knowledge and understanding of the global P&C/general insurance industry.

Sapiens Wins 2021 Celent XCelent Award for Property & Casualty Claims Systems in EMEA

HOLON, Israel, May 12, 2021 /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 release Sapiens BotConnect – a powerful AI enabled, NLP trained chatbot module, and Sapiens LiveConnect, which enables bot conversations to be escalated to live agents when needed, across multiple interaction channels and methods. Sapiens' latest digital release is designed to help insurers exceed expectations and imperatives, as the demand for improved customer engagement continues to reshape the insurance industry.

Sapiens Launches BotConnect and LiveConnect - Its Newly Enhanced DigitalSuite Components

HOLON, Israel, May 10, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that members of the management team will participate in three investor conferences to be held virtually during the month of May 2021. Needham Virtual Technology and Media Conference – on Thursday, May 20, management will conduct one-on-one meetings Oppenheimer Annual Israeli Conference – on Sunday, May 23, management will conduct one-on-one meetings, and on Monday, May 24 Sapiens will host a group presentation at 7:45 am ET JP Morgan Global Technology, Media and Communications Conference – on Monday, May 24 through Wednesday May 26 management will conduct one-on-one meetings, and on Wednesday, May 26 Sapiens will host a fireside chat at 1:25 pm ET.

Sapiens to Participate in Three Investment Conferences in May 2021

Sapiens International Corporation NV (SPNS) CEO Roni Al-Dor on Q1 2021 Results - Earnings Call Transcript

HOLON, Israel, May 5, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that GCU, a US Life & Annuity carrier since 1892, has selected cloud-based Sapiens IllustrationPro as part of its digital transformation initiative. When customers purchase a GCU product, they become members and enjoy other member-only benefits.

Greek Catholic Union (GCU) Life Selects Sapiens IllustrationPro for its Digital Transformation Initiative

Sapiens (SPNS) delivered earnings and revenue surprises of -3.57% and -0.33%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Q1 Earnings and Revenues Miss Estimates

HOLON, Israel, May 4, 2021 /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 first quarter ended March 31, 2021.   Summary  Results for First Quarter 2021 (USD in millions, except per share data) GAAP Non-GAAP Q1 2021 Q1 20 20 % Change Q1 2021 Q1 20 20 % Change Revenue $109.6 $90.5 21.1% $110.2 $90.5 21.7% Gross Profit $44.3 $36.3 22.0% $49.2 $39.8 23.7% Gross Margin 40.4% 40.1%  30  bps 44.7% 44.0%  70 bps Operating Income $12.4 $10.3 20.3% $19.0 $14.6 30.0 % Operating Margin 11.3% 11.4%  (10) bps 17.2% 16.1%  110 bps Net Income (*) $9.8 $6.8 44.2% $14.9 $10.4 43.2% Diluted EPS $0.18 $0.13 38.5% $0.27 $0.20 35.0% (*) Attributable to Sapiens' shareholders.

Sapiens Reports First Quarter 2021 Financial Results

Sapiens' (SPNS) first-quarter 2021 results are expected to reflect an expanding customer base and solid contributions from acquisitions.

Sapiens (SPNS) to Report Q1 Earnings: What's in the Cards?

HOLON, Israel, April 28, 2021 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced an agreement to deploy Sapiens ReinsurancePro by the Clear Blue Insurance Group, a property and casualty enterprise that provides commercial and personal insurance programs in partnership with general agencies and reinsurers. As a program specialist company that provides reinsurance markets access to primary US property and casualty business, Clear Blue has many ceded reinsurance contracts.

Clear Blue Insurance Group Selects Sapiens ReinsurancePro

HOLON, Israel, April 26, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the appointment of Jamie Yoder as President and General Manager of Sapiens North America. Mr. Yoder's depth of leadership experience in the insurance and technology sectors, including senior management positions at top global professional services firms (such as PwC), will further strengthen Sapiens' footprint, strategy, and operations in North America and globally.

Sapiens Appoints Jamie Yoder as North America President and General Manager

HOLON, Israel, April 22, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report financial results for the first quarter that ended on March 31, 2021 on Tuesday, May 4, 2021. The company will host a conference call and webcast on May 4, 2021 at 9:30 a.m.

Sapiens to Announce First Quarter 2021 Financial Results on May 4, 2021

HOLON, Israel, April 21, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today an agreement with Atidot, a cloud-based SaaS provider of AI and machine learning solutions for life and annuity insurers. The partnership facilitates new ways for North American and European insurers to generate revenue through analytics and actionable insights.

Sapiens Partners with Atidot to Offer AI-based Predictive Insights and Personalization to Life Insurance Providers

HOLON, Israel, April 19, 2021 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Co-operative Insurance Companies, which offers insurance protection for farms, homes, autos and business in Vermont and New Hampshire, has selected Sapiens ReinsurancePro and FinancialPro solutions to transform its financial & compliance and reinsurance systems.      Co-op is implementing Sapiens advanced insurance solutions to help manage the increasing volume and complexity of its insurance strategy – quickly and accurately.

Co-operative Insurance Companies Selects Sapiens ReinsurancePro and FinancialPro

HOLON, Israel, April 12, 2021 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that its board of directors has approved the distribution of a cash dividend of $0.37 per share or $20.2 million in total.

Sapiens Declares Cash Dividend Of $20.2 Million, Or $0.37 Per Share

HOLON, Israel, April 7, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the availability of its enriched DigitalSuite, a dynamic, digital engagement and enablement platform that provides insurers the ability to accelerate their digital transformation. Created and designed exclusively for the insurance market by some of the industry's leading digital experts, Sapiens DigitalSuite is an agile, component-based platform that offers a rich, unified, omnichannel experience.

Sapiens Announces a New Version of its DigitalSuite for Accelerating Insurers' Digital Transformation

HOLON, Israel, March 25, 2021 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission (the "SEC").

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2020

HOLON, Israel, March 24, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today an extension of its partnership with Atos. As part of the enhanced agreement, Sapiens' life insurance software solutions will broaden Atos' strategic, innovative services and BPO offering to enable the highest level of operational and customer excellence.

Sapiens Expands Partnership with Atos to Deliver Transformational Life & Pension Business Process Outsourcing Services

Sapiens (SPNS) could produce exceptional returns because of its solid growth attributes.

Is Sapiens (SPNS) a Solid Growth Stock? 3 Reasons to Think " Yes "

WESTLAKE, Ohio--(BUSINESS WIRE)--Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, and ECHO Health, Inc., which provides digital payment processing for healthcare, workers' compensation, property & casualty and other specialty insurers, today announced a partnership that will provide carriers with a comprehensive, digital payment solution through a single, secure, streamlined portal. Founded in 1997 and now

ECHO® Partners With Sapiens to Offer Complete Digital Payment Solution for Insurance Carriers

Sapiens International Corporation, which works in global software solutions for the insurance industry, will be working with ECHO Health on a partnership to give carriers a new digital payment solution through a singular portal, a Wednesday (March 17) press release said. ECHO works in the insurance industry to provide digital services for healthcare, workers' compensation, […]

Sapiens, ECHO Work On Digital Healthcare Pay

Sapiens International (SPNS) has been struggling lately, but the selling pressure may be coming to an end soon

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