Welcome to our dedicated page for Sapiens Interntl news (Ticker: SPNS), a resource for investors and traders seeking the latest updates and insights on Sapiens Interntl stock.
Sapiens International Corporation N.V., historically listed as SPNS on Nasdaq and the Tel Aviv Stock Exchange, generates a steady stream of news around its role as a global provider of intelligent SaaS-based software solutions for the insurance industry. Its announcements highlight how insurers use Sapiens platforms to modernize core systems, apply AI and automation, and manage complex underwriting, claims, and policy administration tasks.
News items for Sapiens commonly cover product launches and upgrades, such as new versions of CoreSuite for Property & Casualty, enhancements to workers’ compensation solutions, and major releases like the Decision Analytics module within the Sapiens Decision platform. These updates often describe new capabilities in AI-driven underwriting, real-time analytics, and digital workflows for insurers.
The company also issues releases on customer projects and partnerships. Examples include upgrades of IDITSuite for organizations like the Medical Protection Society, implementations of Automated Testing Services for Encova Insurance, and strategic partnerships such as the collaboration with Linqura for P&C underwriting risk-scoring. These stories show how insurers apply Sapiens software to improve efficiency, testing, and risk selection.
Another important category of SPNS-related news involves corporate and capital markets developments. In 2025, Sapiens announced a definitive agreement to be acquired by Advent and later confirmed the closing of the merger, after which its common stock ceased trading and the company began the process of delisting and deregistration. Additional filings and releases address topics like early redemption of Series B debentures and shareholder approvals at an Extraordinary General Meeting.
Investors and industry followers can use this news feed to review historical earnings announcements, product roadmaps, customer case studies, and the details of Sapiens’ transition from a publicly traded company under the SPNS symbol to a privately held business under Advent’s ownership.
Sapiens International Corporation (NASDAQ: SPNS) announced its approval for uplisting to the Nasdaq Global Select Market®, effective September 8, 2020. This milestone highlights Sapiens' robust growth and financial performance. CEO Roni Al-Dor emphasized the company's commitment to customer-centric digital solutions that drive operational improvements and profitability. Over its 35 years in the market, Sapiens has developed platforms and services tailored for various segments within the insurance industry, enabling clients to meet modern consumer demands.
Sapiens International Corporation (NASDAQ: SPNS) announced the appointment of Mathias Harrassowitz as Regional Director DACH, enhancing its sales and marketing efforts in German-speaking Europe. Harrassowitz boasts over 20 years of experience in insurance IT, notably increasing Keylane's market presence. His expertise will play a vital role as Sapiens expands in the DACH region, following its acquisition of German insurtech company sum.cumo. Sapiens aims to provide innovative digital solutions to transform traditional insurance models for improved competitiveness.
Sapiens Americas, a subsidiary of Sapiens International Corporation (NASDAQ: SPNS), announced that Western Financial Group has selected Sapiens PolicyPro for Property & Casualty. This solution aims to enhance Western's quote-to-issuance process and facilitate integration with their broker management system. PolicyPro is recognized for its scalability and the ability to deliver precise data for improved decision-making. Western anticipates this partnership will help streamline underwriting processes and foster growth by offering white-labeled products.
Sapiens International Corporation (NASDAQ: SPNS) announced a partnership with Gradient AI to enhance its workers' compensation offerings. This collaboration will integrate Gradient AI's predictive analytics solutions into Sapiens' CoreSuite and GO platforms, improving underwriting and claims processes. The aim is to offer insurers better forecasting capabilities and reduce costs associated with claims. Gradient AI CEO Stan Smith noted that the AI model will leverage over 25 million pieces of historical data, driving profitability for Sapiens' customers. Sapiens plans to expand AI integration into additional insurance sectors.
Sapiens International Corporation (NASDAQ: SPNS) announced the launch of Sapiens CoreSuite for Life Insurance on Microsoft AppSource. This platform integrates core insurance functionality with data analytics and is hosted on the Microsoft Azure cloud, allowing insurers to focus on their core business while minimizing costs. The solution is designed for multicompany, multibranding, multicurrency, and multilingual capabilities, catering to clients in EMEA, APAC, and North America. The collaboration aims to leverage Microsoft's reach and reputation in the insurance industry.
Sapiens International Corporation (NASDAQ: SPNS) reported a strong financial performance for Q2 2020, with revenue increasing by 17.0% to $93.1 million compared to Q2 2019. Gross profit rose 21.6% to $38.3 million, and net income attributable to shareholders jumped 35.9% to $9.3 million, resulting in a diluted EPS of $0.18. The company cites growth in North America and Europe as key drivers, alongside improved cost management during COVID-19. Sapiens has raised its 2020 revenue guidance to between $376 million and $381 million.
Sapiens International Corporation (NASDAQ: SPNS) announced a partnership with AssureSign on August 3, 2020, aimed at enhancing customer acquisition and renewal processes in the insurance industry. The integration of AssureSign’s electronic signature technology into Sapiens’ Workers' Compensation platform will streamline workflows, enabling insureds to sign documents securely from various devices. This move addresses the increasing demand for high-quality remote experiences post-pandemic, allowing insurers to reduce operational costs while providing immediate customer service.
Sapiens International Corporation (NASDAQ: SPNS) has announced the acquisition of Delphi Technology Inc. for up to $19.5 million in cash. This acquisition aims to enhance Sapiens' position in the medical professional liability (MPL) market, leveraging Delphi's domain expertise and customer base. In 2019, Delphi generated $15 million in revenue but reported an operational loss. The acquisition is expected to be accretive to profit by early 2021, enabling Sapiens to expand its offerings and market presence in North America.
Sapiens International Corporation (NASDAQ: SPNS) announced the tailored launch of its Sapiens IDITSuite for Property & Casualty and Sapiens ReinsuranceMaster in the DACH region following the acquisition of sum.cumo in January 2020. The company's efforts are targeted at a market with over 400 potential customers, many of whom still use legacy IT systems. Sapiens aims to establish a significant presence in Germany, Austria, and Switzerland, with a growing demand for digital capabilities post-COVID-19. The firm believes this region will be a key growth driver over the next two to three years.
Sapiens International Corporation (NASDAQ: SPNS) will announce its financial results for Q2 2020 on August 4, 2020, following the quarter ending on June 30, 2020. The management will host a conference call to discuss the results at 9:30 AM ET. Participants can join via a toll-free number or through a live webcast. The company provides software solutions for the insurance sector and boasts over 35 years of experience, serving more than 500 organizations globally. The results will be available for replay until August 13, 2020.