Hiscox Enhances Performance with Sapiens Cloud Implementation
UXBRIDGE, England – March 12, 2025 – Sapiens International Corporation (NASDAQ: SPNS), a prominent developer of software solutions for the insurance sector, revealed that Hiscox, a leading provider of specialized insurance solutions for businesses and high-net-worth clients, has successfully transitioned to the Sapiens Insurance Platform, now fully operational on the Sapiens Cloud. This move marks a significant milestone in Hiscox’s strategic goals.
Hiscox, a partner of Sapiens since 2014, migrated its Sapiens Insurance Platform from a Microsoft Azure environment to the Sapiens Cloud. This strategic implementation aligns Hiscox with long-term objectives, promising major improvements in application efficiency and technological agility. By adopting the new cloud-native architecture, which is powered by Kubernetes technology, Hiscox UK saw a 30% increase in application speed.
This technological advancement provides improved operational productivity and more consistent service delivery. Additionally, by leveraging Sapiens’ research and development, Hiscox benefits from a modern API layer that offers improved integration opportunities. These opportunities include rating, rules, document management, and advanced digital trading capabilities. This ecosystem helps Hiscox to implement enhanced and agile services across its commercial lines and offerings for private and high-value assets.
“Sapiens Insurance Platform is key to Hiscox’s continued expansion. It allows us to create an integrated ecosystem using top-tier technologies to execute our strategic aims,” stated Ian Wrigglesworth, Hiscox CTO. He added, “By integrating two years of new features into a single upgrade, the Sapiens go-live has strengthened our business’s operational foundation. That foundation is vital to our growth strategy.”
“Our longstanding partnership with Hiscox perfectly shows Sapiens’ dedication to producing definite company advantages via a high-performance and resilient platform,” said Roni Al-Dor, Sapiens President and CEO. “By migrating to the Sapiens Cloud with Sapiens Insurance Platform, we equip Hiscox with advanced technology, while also equipping them with a solid basis for ongoing innovation and sustainable growth.”
Sapiens Insurance Platform is an AI-powered, open, and integrated platform that helps insurers grow, modernize, and optimize. It speeds up adoption and offers sustained value.
About Hiscox
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange. The company’s goal is to be a respected specialist insurer with a diversified portfolio across different products and geographies. Hiscox believes that the right balance between catastrophe-exposed business and less volatile local specialty business provides opportunities for profitable growth during all phases of the insurance cycle. Hiscox has over 3,000 employees across 13 countries and serves customers worldwide.
About Sapiens
Sapiens International Corporation (NASDAQ: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer partnerships, and extensive ecosystem, insurers are able to modernize their organizations with operational excellence. They can thrive in a dynamic market. Sapiens helps insurers utilize the power of AI and automation to support core solutions for property and casualty, workers’ compensation, and life insurance. Their services include reinsurance, financial & compliance, data & analytics, digital solutions, and decision management.. Sapiens has a strong global presence and serves over 600 clients in more than 30 countries with its SaaS offerings. The company is committed to partnering with their clients on their transformation journeys and consistently innovating to ensure success.
