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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Sapiens (SPNS) announces that Guardian Group has selected its IllustrationPro and ApplicationPro softwares for upgrading its life and health operations.

Sapiens' (SPNS) IllustrationPro Selected by Guardian Group

Sapiens modern, intuitive solution for electronic application and illustrations empowers Guardian with an exceptional agent experience RALEIGH, N.C. , April 11, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Guardian Group, a $1 billion carrier serving 21 countries across the English and Dutch Caribbean, is integrating Sapiens' customer acquisition solution for their life and health operations.

Guardian Group Selects Sapiens to Revolutionize Customer Acquisition Solution and Improve Agents' Experience

Sapiens (SPNS) recently announced that Applied Underwriters has selected its ReinsurancePro to automate its reinsurance administration, accounting, analysis and reporting.

Sapiens' (SPNS) ReinsurancePro Selected by Applied Underwriters

Sapiens' solution powers Applied Underwriters, Inc.® to automate its sophisticated, ceded reinsurance program and fuel growth RALEIGH, N.C. , April 5, 2022 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ:SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Applied Underwriters, Inc.® , a global risk services firm, selected Sapiens ReinsurancePro to automate their reinsurance administration, accounting, analysis and reporting.

Applied Underwriters, Inc.® Selects Sapiens to Transform its Reinsurance Administration

HOLON, Israel, March 31, 2022 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Sapiens' audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor rel

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2021

Sapiens' global best practice and industry-specific expertise will help the Portugal insurer to efficiently and effectively manage its global reinsurance program HOLON, Israel , March 29, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading insurance company in Portugal, both in life and non-life, selected to implement Sapiens ReinsuranceMaster. ReinsuranceMaster will enable the insurer to better manage its global, complex and diversified insurance product sales network of reinsurance business for life and non-life sectors by improving efficiency and expanding capabilities.

Leading P&C and Life Insurer in Portugal Selects Sapiens to Automate and Enhance its Reinsurance Program

RALEIGH, N.C., March 7, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Builders Insurance Holdings S.A, a leading global provider of P&C insurance and reinsurance services based in Luxembourg, is transforming its legacy system with Sapiens' end-to-end core solution.

Builders Insurance Holdings S.A Selects Sapiens to Modernize its Core and Accelerate its Growth Plans

Sapiens International Corporation N.V.'s (SPNS) CEO Roni Al-Dor on Q4 2021 Results - Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 10.34% and 0.86%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Q4 Earnings Surpass Estimates

HOLON, Israel, Feb. 23, 2022 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the fourth quarter and full year ended December 31, 2021.   Summary  Results for Fourth Quarter 2021 (USD in millions, except per share data) GAAP Non-GAAP Q4 2021 Q4 2020 % Change Q4 2021 Q4 2020 % Change Revenue $119.2 $101.7 17.3% $119.9 $102.9 16.4% Gross Profit $48.7 $41.4 17.6% $53.9 $47.0 14.6% Gross Margin 40.8% 40.7% 10 bps 45.0% 45.7%  (70) bps Operating Income $15.7 $10.2 53.9% $21.6 $18.7 15.7% Operating Margin 13.2% 10.1%  310 bps 18.0% 18.1% (10) bps Net Income (*) $13.7 $8.3 64.3% $17.7 $14.5 22.3% Diluted EPS $0.25 $0.15 66.7% $0.32 $0.27 18.5%     Summary  Results for Full Year  2021 (USD in millions, except per share data) GAAP % Change Non-GAAP % Change 2021 2020 2021 2020 Revenue $461.0 $382.9 20.4% $463.6 $384.5 20.6% Gross Profit $187.8 $156.0 20.4% $208.3 $172.9 20.4% Gross Margin 40.7% 40.7% - 44.9% 45.0% (10) bps Operating Income $57.5 $45.0 27.7% $81.4 $67.9 19.8% Operating Margin 12.5% 11.8% 70 bps 17.6% 17.7% (10) bps Net income (*) $47.2 $33.8 39.7% $65.5 $52.0 26.1% Diluted EPS $0.85 $0.65 30.8% $1.18 $1.00 18.0% (*) Attributable to Sapiens' shareholders "Sapiens finished the year strong, with fourth quarter non-GAAP revenue growing 16.4% to $119.9 million and non-GAAP operating profit margin of 18.0%, reflecting our ability to maintain profitability despite the cost increases that our industry and many sectors are facing," stated Roni Al-Dor, President and CEO of Sapiens.

Sapiens Reports Fourth Quarter and Full Year 2021 Financial Results

HOLON, Israel, Feb. 14, 2022 /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 on Wednesday, February 23, 2022 the financial results for the fourth quarter and year ending on December 31, 2021. The company will host a conference call and webcast on February 23, 2022, at 9:30 a.m.

SAPIENS TO ANNOUNCE FOURTH QUARTER and YEAR END 2021 FINANCIAL RESULTS ON FEBRUARY 23, 2022

HOLON, Israel, Feb. 8, 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 partner with WCL, a Zywave company, to provide messaging to Lloyd's of London Bureau Services. "Sapiens' core policy software integration with WCL signals our mission to expedite and strategically invest in contemporary API services aligned to Lloyd's Blueprint Two goals," said Roni Al-Dor, Sapiens President & CEO.

Sapiens Partners with WCL to Provide Connectivity for Lloyd's of London Bureau Services

RALEIGH, N.C., Jan. 31, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Charlee™, a cloud-based SaaS provider of AI and machine learning (ML) solutions for Property and Casualty insurers, has partnered with Sapiens to enrich and expand its intelligent insights through all data types, including internal, external, structured and unstructured.

Sapiens Partners with Cloud-based SaaS Provider Charlee™ to Empower Insurers with Intelligent Insights

HOLON, Israel, Jan. 12, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens CoreSuite for Life & Pension won the Celent 2021 XCelent award in the Breadth of Functionality category, and was recognized as a "Luminary" solution, excelling in both Advanced Technology and Breadth of Functionality. The recognition of Sapiens by Celent illustrates Sapiens' depth of impact, breadth of knowledge and keen understanding of the global life and pension insurance industry.

Sapiens Wins 2021 Celent XCelent Award for PAS Systems in EMEA Life Insurers

RALEIGH, N.C., Dec. 2, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that COPIC Insurance, a medical professional liability insurance provider that insures over 14,000 physicians and over 190 medical facilities and hospitals in 12 states, selected Sapiens to enhance its underwriting processes by implementing Sapiens DigitalSuite.

COPIC Insurance Expands Relationship with Sapiens to Modernize and Accelerate its Underwriting Processes

HOLON, Israel, Nov. 30, 2021 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the financial services industry, announced today that international specialist insurer Hiscox EU has gone live in Germany with Sapiens IDITSuite for Property & Casualty and Sapiens Intelligence, implemented in the cloud. Sapiens' flexible core platform and managed services provides Hiscox with operational efficiency, scalability, sustained profitability and enables the insurer to adapt to increased regulatory pressure.

Hiscox EU Pan-European Transformation Goes Live in Germany with Sapiens Solutions in the Cloud

Sapiens International Corporation N.V. (SPNS) CEO Roni Al-Dor on Q3 2021 Results - Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 6.90% and 0.16%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Tops Q3 Earnings and Revenue Estimates

Sapiens Intl Corp (NASDAQ:SPNS) reported its Q3 earnings results on Wednesday, November 3, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Sapiens Intl Corp: Q3 Earnings Insights

HOLON, Israel, Nov. 3, 2021 /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, 2021.   Summary  Results for Third Quarter 2021 (USD in millions, except per share data) GAAP Non-GAAP September 30, 2021 September 30, 2020 % Change September 30, 2021 September 30, 2020 % Change Revenue $117.8 $97.6 20.7% $118.4 $98.0 20.9% Gross Profit $48.3 $40.1 20.5% $53.4 $44.2 20.8% Gross Margin 41.0% 41.0% - 45.1% 45.1% - Operating Income $16.2 $12.1 34.1% $21.0 $17.9 17.7% Operating Margin 13.8% 12.4% 140 bps 17.7% 18.2% (50) bps Net Income (*) $13.3 $9.3 42.1% $17.0 $13.7 23.5% Diluted EPS $0.24 $0.18 33.3% $0.31 $0.27 14.8% (*) Attributable to Sapiens' shareholders "Revenue in the third quarter increased by 21% year-over-year, reaching a non-GAAP quarterly record of $118.4 million, and non-GAAP operating profit increased to a record $21.0 million for an operating margin of 17.7%," stated Roni Al-Dor, President and CEO of Sapiens.

Sapiens Reports Third Quarter 2021 Financial Results

HOLON, Israel, Nov. 2, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens was positioned as a Leader in 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, Europe*. Sapiens was recognized for its completeness of vision and ability to execute.

Sapiens Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, Europe*

RALEIGH, N.C., Nov. 1, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Guardian Group, a $1 billion carrier serving 21 countries across the English and Dutch Caribbean, is integrating Sapiens solution for accelerated underwriting for their life and health operations in Trinidad, Jamaica and Curacao.

Guardian Group Selects Sapiens to Accelerate its Underwriting Processes and Achieve Automation for 95% of Cases

HOLON, Israel, Oct. 28, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens was positioned as a Leader in Gartner Magic Quadrant for Non-Life-Insurance Platforms, Europe*. The recognition is attributed to Sapiens IDITSuite for Property and Casualty for the third consecutive year.

Sapiens Recognized as a Leader in Gartner® Magic Quadrant™ for Non-Life-Insurance Platforms, Europe*

Sapiens (SPNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sapiens (SPNS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

RALEIGH, N.C., Oct. 25, 2021 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Berkshire Hathaway GUARD Insurance Companies (GUARD), a national Property & Casualty insurer, has achieved important benefits thanks to Sapiens Decision's business logic management tools.

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