Sapiens Expands Sapiens DECISION Suite with New Software and Services

(Image credit: Dollar Photo Club.) Sapiens International Corporation (Holon, Israel), has expanded its business decision management solution, Sapiens DECISION Suite, with the introduction of DECISION InfoHub and DECISION STEP. The vendor asserts that with the addition of the new software (DECISION InfoHub) and service (DECISION STEP) components, Sapiens DECISION Suite is the only available solution that offers a complete business decision…

Sapiens Continues North America Expansion with Adaptik acquisition

(Main Street, Bethlehem, Pa. Photo credit: Tim Kiser.) In what might could be described as Sapiens International Corporation’s next big step to solidify its presence in the North American insurance software market, the Holon, Israel-based provider of software solutions to the global insurance industry, reports that it has entered into a definitive agreement to acquire Adaptik, a Bethlehem, Pa.-based provider of core insurance software to the…

Alexander Forbes Group Chooses Sapiens for Digital and Core Transformation

(The Gautrain runs between O.R. Tambo Airport and Sandton. Credit: Nithin bolar k.) Alexander Forbes Group Holdings Ltd (Sandton, South Africa), a leading pan-African financial services company has signed a contract with Sapiens International (Holon, Israel) to enhance the delivery of Alexander Forbes’ client experience and solutions. Sapiens reports that it expects to generate significant revenues pursuant to the new agreement in each of 2017,…

Sapiens Makes Big North America Move with StoneRiver Acquisition

(Image source:U.S.D.A. Agricultural Research Service.) If Sapiens’ mid-2016 acquisition of Maximum Processing was a foothold in the North American insurance systems market, the vendor’s announcement yesterday that it will acquire StoneRiver (Denver) for approximately $102 million is more like a full-scale invasion. Having sought for some time to enlarge its North American presence, the StoneRiver deal will give the Holon, Israel-based vendor a…

Sapiens Builds Decision Management Capabilities with KPI Acquisition

(Interior view of Design Museum in Holon, Israel, home of Sapiens International. Photo credit: Ilana Shkolnik.) Sapiens International Corporation (Holon, Israel), a global provider of software to the insurance industry with designs on the broader financial services sector, has acquired Knowledge Partners International (KPI), a vendor focused on decision management consultancy, services and training. The acquisition reflects Sapiens’ recognition…

Sapiens Introduces Advanced Insurance BI and Analytics Solution

(Image credit: Adobe Stock.) Sapiens International Corporation (Holon, Israel) has announced the general availability of Sapiens INTELLIGENCE, a business intelligence and advanced analytics solution specifically designed for insurers. The newly launched solution, based on the advanced technology of SAP’s (Waldorf, Germany) analytics platform, is designed to help insurers glean actionable insights from very large amounts of data as they…

MPS Expands Sapiens Relationship with Multi-Million Dollar Services Agreement

(Tower Bridge in London, home of MPS. Photo credit: David Illif.) The Medical Protection Society Limited (MPS, London), a global protection organization for doctors, dentists and healthcare professionals, has expanded its strategic relationship with Sapiens through a multi-million dollar contract, the vendor reports. Having previously selected Sapiens IDIT software suite as its new membership system, MPS has now selected Sapiens to provide…

Harford Mutual Selects Sapiens’ North American Property/Casualty Platform

(Chesapeake Bay. Photo credit: Nora Lives.) Harford Mutual Insurance Company (Bel Air, Maryland), has selected the Sapiens North American Property and Casualty Insurance Platform. The insurer will implement Sapiens’ (Holon, Israel) Policy, Rating, Work Manager, Product Designer, and Authority platform components, according to a vendor statement. Tim Baum, CIO, Harford Mutual. Prior to selection Harford Mutual undertook an extensive proof of…

Sapiens to Acquire Stone River for $102M: The Basics

(Image credit: Adobe Stock.) Sapiens International Corporation (Holon, Israel) , a global provider of software solutions for the insurance industry has entered into a definitive agreement to acquire privately held StoneRiver, Inc. (Denver), for approximately $102 million in cash, subject to certain conditions. StoneRiver has a broad portfolio of software solutions and services for both the life and property/casualty insurance sectors in North…

Sapiens Debuts Full Life Insurance Transformation Suite at 2017 Life Insurance Conference

(Photo credit: Bill Dickinson.) Sapiens International Corporation (Holon, Israel) has debuted its full Life Insurance Transformation Suite, now available for life and annuity carriers, today at LOMA’s 2017 Life Insurance Conference in Orlando, Florida. The vendor says the Suite of pre-integrated modules is the fruit of its strategic initiatives, including an increased investment in the company’s digital vision and enhancing group support in…