Sapiens International Corporation N.V. (SPNS)

[10 bagger]

SPNS.. $2.48..

Sapiens International Corp. NV
Rabin Science Park
Rehovot, 76326
Israel - Map
Phone: [phone]
Fax: [phone]
Website: http://www.sapiens.com

Full Time Employees: 295

Business Summary
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, life insurance, and pension markets. The company provides solutions for property and casualty, policy administration, billing and collections, claim handling, reinsurance, life and pensions, and underwriting, as well as for life and pension insurance companies seeking ways to reduce the cost of maintaining closed books of business. Its solutions are built on Sapiens eMerge, which is an enterprise-scale transaction engine that facilitates business process integrity, application scalability, and performance. The company also provides IT services in various areas, including project management, application development/enhancements, application platform porting services, and general technical assistance. In addition, it serves multi-year outsourcing contracts involving mission-critical systems. The company sells its products and services to insurance companies, banks, government, and manufacturing companies through direct sales force, relationships with system integrators, and distributors, as well as through marketing alliances with IT solutions providers. It primarily offers its products and services in North America, Europe, Israel, and Japan. Sapiens International Corporation N.V. was founded in 1982 and is headquartered in Rehovot, Israel.