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12:45 15.07.14
PR Newswire
HOLON, Israel, July 15, 2014
HOLON, Israel, July 15, 2014 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that Wisconsin-based West Bend Mutual Insurance (West Bend) has selected the Sapiens Reinsurance solution.
Sapiens' solution will enable West Bend to better manage and control its reinsurance business and related processes. West Bend selected Sapiens Reinsurance based on its functionality set and ability to adhere to tight timelines. The implementation project is already underway, with the launch planned for the end of the year.
"We were impressed with the technology and comprehensive capabilities offered by the Sapiens Reinsurance solution," said Heather Dunn, West Bend's vice president and controller. "The implementation of a new reinsurance system is a long term commitment, so part of our evaluation process was taking a close look at the vendor's organization. We were especially pleased with Sapiens' partnership approach and we felt their commitment to our success foreshadows how they will continue to value the relationship."
"We are seeing a growing demand from the industry for our reinsurance solution in the U.S., as well as in the global market," said Roni Al-Dor, president and CEO of Sapiens. "We strongly believe that our commitment to our clients and partnership approach bring just as much value as our software and are critical components to delivering a complete solution and sustainable value."
"We are proud of being selected by West Bend," added Raj Ghuman, vice president of reinsurance sales, Sapiens. "We are committed to the success of this partnership and are looking forward to providing a solution that best addresses West Bend's reinsurance strategy."
Sapiens Reinsurance is a comprehensive business and accounting solution designed to support the entire range of reinsurance contracts and activities for all lines of business. This state-of-the-art software product enables insurers and brokers to handle all reinsurance activities on a single platform.
About West Bend Mutual Insurance Company
West Bend Mutual Insurance Company, headquartered in West Bend, Wisconsin, provides property/casualty insurance products throughout the Midwest. The company offers a broad personal lines coverage package, a full range of commercial products and services, and insurance for specialty lines. West Bend employs more than 1,000 associates and is represented by approximately 1,200 independent insurance agencies throughout Wisconsin, Illinois, Iowa, Minnesota, Indiana, Ohio, Michigan, Missouri, Kansas and Kentucky. The company has been rated A (Excellent) or better by A.M. Best since 1971 and is consistently ranked at the top of a nationwide ease-of-doing business survey. For more information, visit thesilverlining.com.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. We offer core, end-to-end solutions for the general insurance, property & casualty, life, pension and annuities markets, and business decision management software, globally. We have a track record of over 30 years in delivering superior software solutions to more than 130 financial services organizations. Our team of more than 900 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: http://www.sapiens.com.
Some of the statements in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements (although not all forward-looking statements include such words). These forward-looking statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management's current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement. These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties, as well as certain additional risks that we face, you should refer to the Risk Factors detailed in Item 3 of Part III of our Annual Report on Form 20-F for the year ended December 31, 2013 and subsequent reports and registration statements filed from time to time with the Securities and Exchange Commission.
Contact:
Yaffa Cohen-Ifrah
VP Corporate Marketing & Communications
Sapiens International
Phone: +972-3-790-2026
Email: yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation
Quelle: PR Newswire
16:30 28.07.14
PR Newswire
HOLON, Israel, July 28, 2014
HOLON, Israel, July 28, 2014 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that it will report its financial results for the second quarter ended June 30, 2014 on Tuesday, August 12, 2014.
(Logo: http://photos.prnewswire.com/prnh/20120508/531104 )
Management will host a conference call and a webcast on August 12th, at 9:30 a.m. Eastern Time (4:30 p.m. Israel Time) to review and discuss the Company's results.
Please call the following numbers (at least 10 minutes before the scheduled time) in order to participate:
North America toll-free: + 1.888.407.2553
International: +972.3. 918.0644
UK: 0.800.917.5108
The live webcast of the call will also be accessible on Sapiens Website at: http://www.sapiens.com/webcasts-presentations.htm
If you are unavailable to join live, a replay of the call will be accessible until August 18th, 2014, as follows:
North America: +1.888.254.7270
International: +972.3.925.5904
A recorded version of the webcast will also be available via the Company website, for three months at the same location.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. Sapiens 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 has a track record of over 30 years in delivering superior software solutions to more than 130 financial services organizations. The Sapiens team of more than 900 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: http://www.sapiens.com.
Some of the statements in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements (although not all forward-looking statements include such words). These forward-looking statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management's current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement. These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties as well as certain additional risks that we face, you should refer to the Risk Factors detailed in Item 3 of Part III of our Annual Report on Form 20-F for the year ended December 31, 2013 and subsequent reports and registration statements filed from time to time with the Securities and Exchange Commission.
Investors and Media Contact:
Yaffa Cohen-Ifrah
VP Corporate Marketing and Communications
Sapiens International
Phone: +972-3-790 2026
Email: yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation
Quelle: PR Newswire
15:55 30.07.14
PR Newswire
HOLON, Israel, July 30, 2014
HOLON, Israel, July 30, 2014 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, today announced it has acquired Knowledge Partners International (KPI), a pioneer and recognized leader in decision management consultancy, services and training.
(Logo: http://photos.prnewswire.com/prnh/20120508/531104 )
Sapiens' strategic investment in KPI reflects the company's recognition that the discipline of decision management is rapidly gaining adoption across the financial services industry. Effective decision management enables enterprises to greatly improve strategic agility, operational effectiveness, efficiency and compliance with regulatory and corporate policy. KPI's domain expertise, together with its patent rights to The Decision Model, will enable Sapiens to enhance the Sapiens DECISION solution, resulting in an end-to-end enterprise offering that is unmatched in the industry.
Gathering technology, consultancy and training services under a common corporate umbrella will allow Sapiens to define, increase awareness of, and grow the decision management market - establishing Sapiens as a leading solution provider in the enterprise decision management space. The expertise and experience of KPI founders and managing partners, Larry Goldberg and Barbara von Halle - recognized pioneers and experts in decision management, co-developers of The Decision Model and co-authors of The Decision Model: A Business Logic Framework Linking Business and Technology - combined with Sapiens' proven ability to develop and deploy enterprise-scale technology solutions, will position Sapiens as a decision management innovator ready to expand its portfolio of top tier financial services companies in this fast-growing field.
"We have enjoyed a long and successful working relationship with KPI, and we came to realize that by bringing our two organizations together we could really shake up, redefine, grow and lead the enterprise decision management market," said Rami Doron, Sapiens' managing director, DECISION. "Our plan is to make the best use of the tremendous value KPI brings to Sapiens by leveraging and integrating every aspect of the KPI business into our decision management practice."
The Sapiens decision management technology portfolio now includes:
Sapiens DECISION, an enterprise-scale decision management technology designed and developed using The Decision Model as its foundation
KPI's STEP and QuickSTEP consulting programs, which integrate Agile methods of business process modeling, decision modeling and business rule mining into a comprehensive business requirements management approach
An established and highly-respected consulting and educational practice to offer training, knowledge transfer, mentorship and certification to support enterprises in developing their own centers of excellence in Agile decision, process and requirements management
Larry Goldberg, Managing Partner of KPI, said: "Our partnership with Sapiens enabled us to bring the full benefit of decision management to many leading global organizations. Barbara and I believe that tightly integrating KPI's Agile methods and innovative thinking with Sapiens' peerless technology skills will increase the global rate of adoption of decision management, bringing great value to enterprises, their customers and stakeholders."
"Acquisitions of high quality and innovative organizations, such as KPI, are key to our success. The KPI acquisition will not impact this year's financial results, but we expect to gain momentum in the market starting next year," said Roni Al-Dor, president and CEO of Sapiens International. "We want to identify and take full advantage of new opportunities in the insurance and financial services markets, such as enterprise decision management, so we can provide added value that will help organizations streamline their businesses."
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. Sapiens 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 has a track record of over 30 years in delivering superior software solutions to more than 130 financial services organizations. The Sapiens team of more than 900 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: http://www.sapiens.com.
Some of the statements in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements (although not all forward-looking statements include such words). These forward-looking statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management's current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement. These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties as well as certain additional risks that we face, you should refer to the Risk Factors detailed in Item 3 of Part III of our Annual Report on Form 20-F for the year ended December 31, 2013 and subsequent reports and registration statements filed from time to time with the Securities and Exchange Commission.
Contact:
Yaffa Cohen-Ifrah
VP Corporate Marketing and Communications
Sapiens International
Phone: +972-3-790-2026
Email: yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation
Quelle: PR Newswire
12:00 04.08.14
PR Newswire
HOLON, Israel, August 4, 2014
HOLON, Israel, August 4, 2014 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced today that a North American bank has selected Sapiens DECISION, a market-leading Decision Management solution. Sapiens DECISION will enable standardization and centralization of organizational decision logic, ensuring consistent and accurate logic management and operational decision-making across the enterprise.
(Logo: http://photos.prnewswire.com/prnh/20120508/531104 )
"Leading financial institutions, in North America and globally, are increasingly interested in a business decision management solution that will help them streamline their operations and reduce costs in a competitive and changing market," said Roni Al-Dor, Sapiens president and CEO. "Sapiens DECISION, which uniquely combines one of the most widely-adopted business decision management methodologies with innovative technology, offers a holistic solution that enables financial institutions to focus on their core business."
"Decision management improves the intelligence of business operations by enabling fast, consistent and precise fact-based decisions," according to Find the Best Approach to Decision Management, a Gartner report from February, 2014. "The vast increase in the amount of available data, and the decreasing cost of computers, memory, mobile devices, sensors and communication networks, have given enterprises the opportunity to greatly improve their operational effectiveness and efficiency. However, they need decision management to help them deal with the volume of data and the complexity of computation in some modern decision-making scenarios."
Sapiens DECISION is used by the world's largest and most innovative financial institutions. The technology enables business users to efficiently and comprehensively develop, change, simulate and analyze the business logic that drives operations, governance and compliance. Further, the technology-agnostic platform ensures consistent execution and governance across all applications, complementing existing rules engines or business process management systems.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, and retirement markets, as well as business decision management software. The company has a track record of over 30 years in delivering superior software solutions to more than 130 financial services organizations. The Sapiens team of more than 900 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: http://www.sapiens.com.
Some of the statements in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements (although not all forward-looking statements include such words). These forward-looking statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management's current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement. These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties as well as certain additional risks that we face, you should refer to the Risk Factors detailed in Item 3 of Part III of our Annual Report on Form 20-F for the year ended December 31, 2013 and subsequent reports and registration statements filed from time to time with the Securities and Exchange Commission.
Contact:
Yaffa Cohen-Ifrah
Vice President Corporate Marketing and Communications
Sapiens International
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation
Quelle: PR Newswire
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10:05 07.01.15
PR Newswire
HOLON, Israel, January 7, 2015
HOLON, Israel, January 7, 2015 /PRNewswire/ --
http://www.ariva.de/news/...s-General-Insurance-P-amp-C-Suite-5252127
A Manager Dashboard, to significantly improve visibility by providing organizational unit managers with a clear, one-time glance of employees' workload, tasks, task statuses and severity levels
Enhanced Setup Wizards, including enhancements to the Claim Setup Manager, which simplify the process of creating reserve and payment templates
An improved Product Manager, which features more intuitive lines of business and product parameter setup. Cover plans can be created with ease and products requiring deposits can be set-up
The ability to easily import and export products, setting the foundations for standard out-of-the-box products
Business process upgrades, including a refined claim payment handling process and deposit collection and handling
Sapiens Docs, an add-on component to Microsoft Word (2010 and 2013), enables insurers to create document templates in Word, using content control tags
http://www.ariva.de/news/...s-General-Insurance-P-amp-C-Suite-5252127