Overview

About Sapiens

Sapiens is dedicated to the insurance industry, bringing innovative software solutions for the Property & Casualty, General Insurance, Life & Pension and Reinsurance markets. 

Corporate Profile 

Sapiens is a leading global provider of innovative software solutions for the insurance industry.

We offer end-to-end software solutions for the Property & Casualty, General Insurance, Life & Pension, and Reinsurance markets.

We serve over 70 insurance customers, backed by a team of over 700 insurance experts, worldwide.

Coupled with our financial stability, we aim to become the vendor of choice in the insurance software marketplace.

Our insurance software philosophy is simple – apply innovative software technology to develop strategic core insurance business solutions, based on insurance industry standards on the principles of Service Oriented Architecture (SOA). Our insurance systems provide the ultimate flexibility and agility, while keeping implementation costs down. We are committed to delivering scalable insurance software solutions that help our customers better serve their clients and quickly respond to insurance regulatory changes that result in a rapid time to market.

On August 22, 2011 Sapiens International completed a merger transaction with IDIT Technologies and FIS Software, to become one of the major players in the global insurance software industry. This merger is an important step in our growth strategy and we are confident that this move will further foster our undisputed commitment to providing significant competitive advantages to our customers and to the insurance industry.

The synergy between the three companies provides a unique value proposition for a market with growing needs for innovative, proven solutions for Property & Casualty, General Insurance, Life & Pension, and Reinsurance. Our customers will now enjoy a broad portfolio of insurance software solutions, supported by additional bandwidth of insurance industry skills and project implementation capabilities.


Sapiens delivers value to its clients through:

  • People – over 700 of domain experts, with extensive insurance knowledge, technical expertise and project management skills 
  • Customers – over 70 insurance customers worldwide, enjoying the advantages brought by our software solutions and field-proven insurance workflow best practices
  • Technology -  award-winning, open rule-based rapid application development technology to run mission-critical software solutions at many large insurance companies
  • Methodology - solution delivery methodology, based on iterative model, in collaboration with the key stakeholders and professional insurance system integration and consultancy services
  • Partners - working with select business partners for technology, solutions and delivery in the field of insurance software packages

 

Sapiens International Corporation (NASDAQ and TASE: SPNS) is part of the Formula Group (NASDAQ and TASE: FORTY).

Formula Systems is part of the Asseco Group since November 2010. The Asseco group is an international federation of profitable companies developing and delivering IT solutions.