Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global provider of software solutions for the insurance industry. With over 40 years of experience, Sapiens empowers insurers to modernize, innovate, and adapt to a rapidly changing marketplace. The company's offerings include core solutions for property and casualty, life insurance, and workers' compensation, as well as reinsurance, financial and compliance, data and analytics, digital engagement, and decision management. Sapiens' robust, SaaS-based platform leverages artificial intelligence (AI) and advanced automation to enhance operational excellence. The company serves over 600 customers across more than 30 countries, demonstrating a significant global presence in North America, Europe, and Asia-Pacific.

Sapiens' history dates back to 1982, originating from an initiative at the Weizmann Institute of Science to develop an object-oriented application generator for mainframe computers. The company was officially incorporated in 1990 and went public on the NASDAQ exchange in 1992. Over the years, Sapiens has grown through strategic acquisitions, including StoneRiver, Inc. in 2017, which significantly expanded its North American footprint, and Tia Technologies in 2020. The company's focus shifted exclusively to insurance software in 2001 under the leadership of Dan Goldstein. Roni Al-Dor assumed the role of President and CEO in November 2005 (some sources say 2006), guiding the company's continued growth and strategic direction in the insurtech sector. Sapiens is recognized by industry experts and is part of the Microsoft Top 100 Partner program, underscoring its commitment to innovation and customer success. The company emphasizes a customer-driven approach, partnering with clients throughout their digital transformation journeys.