Sapiens International

Sapiens International Corp. NV provides software solutions for the insurance industry. It offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software. The company was founded by Joseph Bolless and Ron Zuckerman in 1982 and is headquartered in Holon, Israel.

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Sapiens International reports solid Q2 growth and eyes global expansion

Sapiens International's Q2 performance reflects revenue growth, operational efficiency, and successful product launches.
The company's strengths lie in strategic investments, global market presence, and focus on digital transformation.
Challenges include market competition, technology integration, and maintaining cost-effectiveness.
Opportunities for Sapiens include North America expansion, innovation in AI solutions, and global market exploration.

Sapiens reports revenue growth in Q3 amidst SaaS transition

Sapiens International (SPNS) demonstrated revenue growth and profitability in Q3 2024, driven by North America success.
While facing challenges from the transition to a SaaS model, the company maintains a strong focus on innovation and expense management.
Opportunities lie in leveraging AI capabilities, expanding customer base, and solidifying market position in the insurance industry.

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Almost 60% of Sapiens International Corporation N.V.'s revenue is generated outside of North America, which can lead to more pronounced FX headwinds compared to peers. I expect Sapiens International's top line growth to moderate over the coming years, owing to competition from Guidewire Software, Inc. and Duck Creek Technologies, Inc.

Sapiens: Limited Upside From Current Levels

MS Amlin Insurance will replace legacy core systems in French, Belgian and Dutch markets with Sapiens Core P&C Platform and Reinsurance module, underpinned by its Data & Analytics solution; all delivered in the Sapiens Cloud HOLON, Israel , Feb. 2, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that major European insurer MS Amlin Insurance S.E. has selected Sapiens to deliver an overhaul of a number of their software systems across several European countries.

MS Amlin Insurance Selects Sapiens for Transformation of its Commercial Lines Operations across Multiple Countries

HOLON, Israel , Jan. 24, 2023 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report its financial results for the fourth quarter and year-end 2022, on Tuesday, February 21, 2023. Management will host a conference call and webcast on February 21, 2023, at 9:30 a.m.

SAPIENS TO ANNOUNCE FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS ON FEBRUARY 21, 2023

Sapiens sold off too harshly in 2022 as currency headwinds disguise its organic growth rate. It has a strong balance sheet with a large cash position to make strategic acquisitions.

Sapiens: Profitable Growth At A Reasonable Price

Yaffa rejoins Sapiens as Chief Marketing Officer and Head of Investor Relations RALEIGH, N.C. , Dec. 19, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, is happy to welcome aboard Yaffa Cohen-Ifrah, a seasoned marketing and investor relations executive who is rejoining Sapiens as Chief Marketing Officer and Head of Investor Relations.

Yaffa Cohen-Ifrah Joins Sapiens Leadership Team

Sapiens was chosen as the sole vendor, solution includes: CoreSuite, Sapiens Intelligence and Sapiens Cloud Services and Cloud Hosting HOLON, Israel , Dec. 14, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced with LocalTapiola (LT), Finland's second largest insurance company, the launch of the new Policy Administration System. The new Policy Administration System leverages Sapiens' award-winning CoreSuite, Sapiens Business Intelligence, Sapiens Cloud Services (SCS) and Cloud Hosting to replace the 8 Policy Administration Systems (PAS) with a next-generation digital experience.

Sapiens Establishes Presence in Finnish Market with LocalTapiola Life, Fourth Largest Life Insurance Company in Finland

RALEIGH, N.C. , Dec. 12, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that the Ohio Bureau of Workers' Compensation (BWC), one of the largest Workers' Compensation carriers in North America, has gone live with Sapiens' latest release of CoreSuite for Workers' Compensation.

Ohio Bureau of Workers' Compensation (BWC), one of the largest Workers' Compensation carriers in North America, goes live with Sapiens' latest release of CoreSuite for Workers' Compensation

Sapiens IDITSuite's cloud-native architecture will digitalize current paper-based processes HOLON, Israel , Dec. 8, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C core platform IDITSuite, in addition to the Data Analytics platform Sapiens Intelligence, with bolttech, a major international insurtech.     bolttech's legacy systems for its Hong Kong general insurance operations are being replaced by the Sapiens solution to provide greater automation and standardization, and globally available oversight on policies, risk exposures, and data.

Major International Insurtech Company bolttech Selects Sapiens for Complete P&C Core Transformation

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Toyota's insurance division in Iberia will implement Sapiens DianaSuite to replace its legacy core system. HOLON, Israel , Nov. 28, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced they signed an agreement with Toyota Insurance Management Spain (Toyota Seguros) with the aim of transforming and modernizing its business.

Toyota Insurance Spain Selects Sapiens for Total Core Digital Transformation

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Sapiens International's (SPNS) strong product portfolio addresses the digitization needs of the Insurance sector, which attracts new customers.

Sapiens' (SPNS) Expanding Customer Base Augments Growth

Let's see if Sapiens International Corporation N.V. (SPNS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Sapiens International (SPNS) Stock?

Sapiens IDITSuite will provide a single overview of policies, from issuing proposals, policy documents to payments HOLON, Israel, Nov. 23, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C platform IDITSuite with the Netherlands branch of HDI Global Specialty SE (HGS), a leading global specialty insurance provider. HGS' legacy system has been replaced by the Sapiens solution in order to provide greater automation and standardization, and globally available oversight on policies, risk exposures and data.

HDI Global Specialty SE Selects Sapiens for Complete P&C Core Transformation

Sapiens International Corporation N.V. (NASDAQ:SPNS ) Q3 2022 Earnings Conference Call November 3, 2022 9:30 AM ET Company Participants Dina Vince - Head of Investor Relations Roni Al-Dor - President & Chief Executive Officer Roni Giladi - Chief Financial Officer Alex Zukerman - Chief Strategy Officer Conference Call Participants Dylan Becker - William Blair Chris Reimer - Barclays Operator Ladies and gentlemen, thank you for standing by.

Sapiens International Corporation N.V. (SPNS) Q3 2022 Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 3.45% and 2.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Q3 Earnings Beat Estimates

HOLON, Israel , Nov. 3, 2022 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the third quarter ended September 30, 2022. Summary Results for Third Quarter 2022 (USD in millions, except per share data) GAAP Non-GAAP Q3 2022 Q3 2021 % Change Q3 2022 Q3 2021 % Change Revenue $119 $117.8 1.0 % $119 $118.4 0.5 % Gross Profit $50.3 $48.3 4.1 % $53.5 $53.4 0.2 % Gross Margin 42.2 % 41.0 %  1 2 0 bps 45.0 % 45.1 % -10 bps Operating Income $16.6 $16.2 2.1 % $20.9 $21.0 -0.6 % Operating Margin 13.9 % 13.8 %  10 bps 17.6 % 17.7 %  -10 bps Net Income (*) $13.4 $13.3 0.9 % $16.9 $17.0 -0.6 % Diluted EPS $0.24 $0.24 0.0 % $0.30 $0.31 -3.2 % (*) Attributable to Sapiens' shareholders Roni Al-Dor, President and CEO of Sapiens, stated, "Our revenue reached $119 million, and on a constant currency basis, we grew by 8%.

Sapiens Reports Third Quarter 2022 Financial Results

Gary rejoins Sapiens as EVP, Chief Revenue Officer for North America RALEIGH, N.C. , Oct. 26, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, is happy to welcome aboard Gary Sherne, a seasoned insurance software executive who is rejoining Sapiens as EVP, Chief Revenue Officer for North America.

Gary Sherne Joins Sapiens North America Leadership Team

The Sapiens core solution, APIs, designers and portals will fully move the insurer to the cloud HOLON, Israel , Oct. 25, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C platform Tia Enterprise as part of a suite of products and services to digitally transform Norwegian Property & Casualty insurer Landkreditt Forsikring.     Landkreditt Forsikring's legacy system has been replaced by the Sapiens solution in order to support business development needs and live up to security and compliance standards.

Landkreditt Forsikring, a Major Norwegian P&C Insurer, Selects Sapiens for Complete Core Transformation

HOLON, Israel , Oct. 24, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report on Thursday, November 3 rd, 2022, the financial results for the third quarter 2022.   The company will host a conference call and webcast on November 3 rd, 2022, at 9:30 a.m.

Sapiens To Announce Third Quarter 2022 Financial Results on November 3rd, 2022

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Sapiens IDITSuite will provide a single global platform for underwriting and billing HOLON, Israel , Oct. 11, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C platform IDITSuite with Germany-based VEREINIGTE HAGEL, the country's leading provider of insurance to the agricultural industry.   VEREINIGTE HAGEL's current, historically grown application landscape will be replaced by the Sapiens modular and complete system that enables continuous end-to-end processing from front-end portal to back-end billing.

VEREINIGTE HAGEL, Germany's Leading Agricultural Insurer, Selects Sapiens for Complete P&C Core Transformation

BOSTON , Oct. 6, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, and Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, are pleased to announce their strategic partnership to streamline communication and collaboration throughout the claims process. The Hi Marley cloud-based integration with Sapiens CoreSuite helps carriers continually improve adjuster efficiency and modernize the claims experience while leveraging investments in their core claims management system.

Sapiens Partners with Hi Marley to Modernize the Claims Experience with AI-Enabled SMS Communication

Sapiens (SPNS) expands its network in North America with CGI, ForMotiv, Hi Marley, ODG by MCG and Opterrix as partners.

News for Sapiens International Stock (SPNS)