Sapiens International Corporation NV (Sapiens), a subsidiary of Formula Systems (1985) Ltd, offers software solutions for the financial and insurance industry. The company’s software portfolio comprises of reinsurance suites, technology-based solutions, financial and compliance, property and casualty or general insurance platforms and solutions; and life, pension and annuities platforms. It also offers cloud and API-based digital insurance platform solutions for life and annuity, and decision management solutions for mortgage banking, consumer and commercial banking and investment banking and insurance and government sectors. In addition, Sapiens offer services such as consulting, training, migration, hosting, support services, acceptance testing and product upgrades. It operates in Europe, North America and Asia-Pacific. Sapiens is headquartered in Holon, Israel.
Headquarters
Israel
Address
Azrieli Center, 26 Harokmim St., Holon, 5885800
Website
www.sapiens.com
Telephone
972 3 7902000
No of Employees
5,000
Industry
Technology and Communications
Ticker Symbol & Exchange
SPNS (NASD)
Revenue (2022)
$514.6M
8.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
18.7%
(2022 vs 2021)
Market Cap*
$1.7B
Net Profit Margin (2022)
XYZ
9.5%
(2022 vs 2021)
* As of and is in US$
Sapiens International Corporation NV premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Solutions: | Program Delivery |
| Property and Casualty | Value Added Services |
| Reinsurance Solutions | Cloud Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced IntegrateAI. |
| 2024 | Corporate Changes/Expansions | In March, the company expanded its presence in Canada. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Quantee to integrate Quantee’s end-to-end pricing capabilities into its ecosystem. |
Competitor Comparison
| Key Parameters | Sapiens International Corporation NV | Pegasystems Inc | Ebix Inc | Guidewire Software Inc | Duck Creek Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | Israel | United States of America | United States of America | United States of America | United States of America |
| City | Holon | Cambridge | Johns Creek | San Mateo | Boston |
| State/Province | - | Massachusetts | Georgia | California | Massachusetts |
| No. of Employees | 5,000 | 5,406 | 10,521 | 3,415 | 1,883 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Guy Bernstein | Chairman | Executive Board | 2009 | 55 |
| Roni Al Dor | Director; President; Chief Executive Officer | Executive Board | 2005 | 62 |
| Roni Giladi | Chief Financial Officer | Senior Management | 2007 | 52 |
| Alex Zukerman | Chief Strategy Officer | Senior Management | 2020 | - |
| Yaffa Cohen-Ifrah | Head - Investor Relations; Chief Marketing Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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