Sapiens Interntl Stock Price, News & Analysis

Sapiens International Corporation (NASDAQ: SPNS) has achieved significant recognition from Celent for its IDITSuite Property & Casualty software solution. The company earned Luminary status in both EMEA and APAC regions, along with XCelent Awards for Breadth of Functionality and Customer Service in EMEA.

The IDITSuite platform features a modern interface with Power BI charts, GenAI capabilities for document analysis, and comprehensive API functionality. Through partnerships with Microsoft and OpenAI, the solution leverages advanced technologies for process optimization. Sapiens has maintained Luminary status across all P&C domains and has consistently won Celent's XCelent awards since 2018.

A major global life insurer has chosen Sapiens International Corporation (NASDAQ: SPNS) to modernize its operations in the Czech Republic. The insurer will implement Sapiens Insurance Platform, which includes CoreSuite for Life & Pensions, DigitalSuite, DataSuite, and Cloud Services. This cloud-based solution will replace the insurer's legacy system to enhance core insurance processes and support growth. The platform will enable:

• Faster product launches and market delivery
• Improved policy and claims management
• Enhanced digital engagement for customers and distributors
• Advanced data analytics and reporting capabilities

The selection was influenced by Sapiens' market leadership position and existing collaboration with the client's Australian affiliate.

Sapiens International has announced the acquisition of AdvantageGo, a commercial insurance software provider, to enhance its global P&C platform capabilities. The deal, valued at 43 million British pounds, strengthens Sapiens' position in the London Specialty Market and global commercial insurance segments.

Key highlights:

• AdvantageGo's underwriting workbench will be integrated into Sapiens Insurance Platform for P&C and offered as standalone
• AdvantageGo reported 15 million British pounds in revenue for 2024, with 50% recurring revenue
• Currently operating at a 9 million British pound loss due to strategic investments
• Expected to achieve double-digit growth by 2026
• Projected to become profitable and accretive to Sapiens' earnings by 2027

The acquisition addresses critical P&C industry challenges in risk assessment and management, particularly in complex specialty and commercial lines. The deal is expected to close within weeks, with AdvantageGo becoming wholly owned by Sapiens.

Sapiens International (NASDAQ: SPNS) has announced the acquisition of Candela, a leading intelligent automation company serving APAC-based insurance clients, for $22 million in cash. Candela, currently part of Azentio, generated $8 million in non-GAAP revenue for 2024 and serves 23 customers primarily in Singapore, Malaysia, Thailand, Hong Kong, and South Africa.

The acquisition, expected to close in Q2 2025, will enhance Sapiens' life product portfolio and expand its APAC presence. Candela's team of over 100 employees, mainly based in Bangalore, India, brings nearly 30 years of industry expertise. The integration will strengthen Sapiens Insurance Platform through Candela's Business Process Modelling and Case Management capabilities, enabling standardized processes over external legacy solutions.

The transaction is projected to be profit-accretive starting Q4 2025.

Sapiens International (NASDAQ: SPNS) has scheduled its First Quarter 2025 financial results announcement for May 8, 2025. The company will host a conference call and webcast at 9:30 a.m. Eastern Time (4:30 p.m. in Israel) to discuss the results.

Investors can participate through toll-free numbers provided for North America (1-888-642-5032), International (972-3-9180644), and UK (0-800-917-5108). A live webcast will be available on Sapiens' website, and a replay will be accessible for 90 days following the event.

Sapiens International (NASDAQ: SPNS) has announced a conditional agreement with Universal Life (Unilife), a leading Cyprus-based life and health insurer, to implement Sapiens CoreSuite for Life & Pensions. The agreement aims to modernize Universal Life's core insurance processes and support its strategic growth initiatives.

The implementation will replace Universal Life's legacy systems with Sapiens' end-to-end solution to enhance operational efficiency in policy administration, claims processing, and billing operations. The project includes Sapiens Cloud Services to provide secure and flexible infrastructure support.

Universal Life selected Sapiens after a comprehensive evaluation, citing the company's strong regional presence and ability to deliver integrated solutions. The CoreSuite for Life & Pensions is a SaaS solution offering enhanced digital capabilities for managing both individual and group life and pension products.

Sapiens International (NASDAQ: SPNS) has announced the release of StatementPro Multi-Company Operations (MCO), enhancing its Financial & Compliance software solution. The new feature streamlines statutory reporting processes for insurance companies by enabling simultaneous actions across multiple statements and companies.

The MCO enhancement includes a Filing Period Setup Wizard that allows users to create and schedule all statements for the next filing period in one operation, potentially saving weeks of staff productivity annually. This development is particularly significant as more than half of National Association of Insurance Commissioners (NAIC) reporting entities belong to company groups.

The upgrade aims to address challenges in preparing statements across group companies, reducing manual repetitive actions like printing, importing, exporting, and attaching schedules for multiple entities. Sapiens plans to further enhance MCO with automated NAIC filings and standardized response capabilities across statements.

Sapiens International (NASDAQ: SPNS) has announced significant updates to its IllustrationPro and ApplicationPro solutions for life and annuity insurers. The enhanced IllustrationPro, a recent recipient of Celent's Luminary Award and two XCelent Awards, introduces advanced premium and face amount search capabilities, alongside a new Report Editor for IT-independent report modifications.

The upgraded ApplicationPro features new capabilities including Manager Review for compliance, AI-driven risk detection, and improved API integrations. These enhancements aim to accelerate underwriting, reduce errors, and streamline agent workflows.

IllustrationPro is a cloud-based solution supporting over 4,500 calculations for life, health, and annuity insurance, while ApplicationPro functions as a web-based eApp solution that reduces time-to-issue and eliminates Not in Good Order (NIGO) applications.

Sapiens International (NASDAQ: SPNS) announced that a major U.S. multi-line insurer has expanded their partnership by selecting the Sapiens Insurance Platform for Life & Annuities. The platform includes CoreSuite for Life & Annuities, DataSuite, and Cloud Services.

The implementation represents one of Sapiens' fastest CoreSuite deployments, building upon a decade-long relationship where the insurer has been using Sapiens UnderwritingPro. The new platform will enable seamless integration with the insurer's digital layer through robust APIs, facilitating more efficient customer acquisition.

The solution provides configurable features that enhance product agility and streamline operations, while delivering data-driven insights into agent and customer behavior. This implementation aims to support predictive analytics and improve business retention strategies through the integrated platform's AI-based capabilities.