Sapiens International Corporation

Sapiens International Corporation is a leading global provider of software solutions for the insurance business with a growing footprint in the financial services sector. Tsvi Misinai, Tuvi Orbach, and Shai Sole formed Sapiens International Corporation in 1982. The company employs over 5,000 individuals and has operations throughout various continents, including North America, the UK, Asia Pacific, and EMEA.

At first, Sapiens International Corporation concentrated on both the industrial development of business rules and the creation of goods and services for legacy modernization. However, Dan Goldstein, who was The Formula Group's Chairman at the time, took over as Sapiens' chairman in 2001 and oversaw the company's comeback. The business made the decision to concentrate only on creating software for the insurance sector. As a result, Sapiens International Corporation has aggressively carried out its merger and acquisition (M&A) strategy to increase the scope of its product offering, penetrate new markets, and acquire technological know-how as well as qualified personnel in the insurance sector.

Sapiens International Corporation, a company with 41 years of experience in the industry, offers a full insurance platform with pre-integrated, low-code solutions and a cloud-first strategy that quickens customers' digital transformation. In addition to business decision management software, Sapiens International Corporation offers core, all-inclusive solutions to the general insurance, property and casualty, life, pension and annuities, reinsurance, and retirement sectors globally, serving more than 600 clients in 30 nations.

Founded: 1982

Headquarters: Holon, Israel

Website: https://sapiens.com/