Sapiens Modernizes Global Life Insurer’s Operations
ROCHELLE PARK, N.J., May 6, 2025 /PRNewswire/ — Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that one of the largest global life insurers has selected its Sapiens Insurance Platform. This comprehensive suite includes Sapiens CoreSuite for Life & Pensions, DigitalSuite, DataSuite, and Cloud Services, designed to modernize core insurance processes and accelerate the insurer’s growth strategy in the Czech Republic.
The insurer sought to replace its legacy platform with an innovative core system that would facilitate the integration of new technologies and expand functionalities as it scales. Sapiens’ cloud-based digital platform is expected to optimize efficiency, simplify policy and claims management, and enhance digital engagement for both customers and distributors. The solution will enable faster delivery of new products to market and improve claims management, data analytics, and reporting to support strategic decision-making.
Sapiens was chosen for its comprehensive functionality and reputation as a market leader, reinforced by analyst recognition and existing collaboration with an Australian affiliate of the insurer. “We are proud to partner with this leading insurer to support their digital transformation journey,” said Roni Al-Dor, President and CEO of Sapiens. “By leveraging Sapiens’ SaaS solutions, the client will be well-positioned to expand its capabilities and enhance customer experiences.”
Key Components of Sapiens Insurance Platform
- Sapiens CoreSuite for Life & Pensions: An end-to-end, cloud-native solution with enhanced digital capabilities for managing individual and group life and pension products, as well as investments and voluntary benefits.
- Sapiens DigitalSuite: A comprehensive, cloud-native digital engagement suite designed to expedite product launches and minimize digital operation costs.
- Sapiens DataSuite: A data management solution empowering insurers to produce actionable insights and maximize data value, resulting in smarter decision-making.
- Sapiens Cloud Services: Supporting business growth with elastic scaling and a holistic offering of value-added cloud services, providing all operations and application management services under one roof.
About Sapiens International Corporation
Sapiens International Corporation is a global leader in intelligent insurance SaaS-based software solutions. With a robust platform and customer-driven partnerships, Sapiens empowers insurers to future-proof their organizations in a rapidly changing marketplace. The company’s SaaS-based solutions harness AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens serves over 600 customers in more than 30 countries and is recognized by industry experts.
For more information, visit https://sapiens.com or follow Sapiens on LinkedIn.