Sapiens International Corp. NV

Sapiens International Corporation N.V. provides information technology (IT) solutions for the insurance industry. It primarily offers Sapiens INSIGHT, a suite of modular business software solutions for the property and casualty, and life insurance markets. These solutions could be customized to match specific legacy systems and business requirements, while providing pre-configured functionality. Sapiens INSIGHT solutions could be used independently or together for applications, including property and casualty, life and pension, underwriting, reinsurance, claims, and closed books. Its solutions are built on Sapiens eMerge, which is an enterprise-scale transaction engine that facilitates business process integrity, application scalability, and performance.

In addition, the technology components of Sapiens eMerge provide the clients with systems for the development, deployment, integration, and administration of applications. Further, the company provides outsourcing services; and IT services, such as project management, application development/enhancements, application platform porting, and general technical assistance. Sapiens International serves insurance companies, banks, and other financial service companies, as well as manufacturing and transportation sectors. It sells products primarily through a direct sales force and relationships with system integrators, as well as through distributors in the United States, the United Kingdom, Japan, and Israel. The company was founded in 1982 and is based in Curacao, the Netherlands Antilles.