Sapiens International Launches Version 13.0 of CoreSuite for North American Insurance Market

Sapiens International Corporation has launched version 13.0 of Sapiens CoreSuite for Property & Casualty, a critical component of Sapiens Insurance Platform. The release expands core business capabilities for underwriting and claims, improves performance, integration, and usability across ClaimsPro, BillingPro, and PolicyPro solutions, and enhances AI-powered underwriting tools. The upgrade aims to optimize user experience and reduce operational inefficiencies. Sapiens CoreSuite serves over 600 customers in more than 30 countries with its innovative offerings, including property and casualty, workers' compensation, and life insurance.

Sapiens International Corporation has recently unveiled version 13.0 of its Sapiens CoreSuite for Property & Casualty, a significant update to its Insurance Platform. This new release aims to bolster core business capabilities for underwriting and claims, improve performance, integration, and usability across ClaimsPro, BillingPro, and PolicyPro solutions, and enhance AI-powered underwriting tools. The upgrade is designed to optimize user experience and reduce operational inefficiencies.

Sapiens CoreSuite serves over 600 customers in more than 30 countries, offering innovative solutions in property and casualty, workers' compensation, and life insurance. The upgrade is part of the company's ongoing strategy to leverage technology and AI to enhance its offerings and remain competitive in the evolving insurance software market.

According to the latest financial reports, Sapiens International has been experiencing robust growth in its recurring revenue model. In Q3 2025, the company's Annual Recurring Revenue (ARR) grew by 17% year-over-year, reaching $960 million, and exceeded the $1 billion target . This growth is attributed to the company's cloud-based Software-as-a-Service (SaaS) model, which has significantly improved gross margins and customer retention.

The launch of Sapiens CoreSuite 13.0 is a strategic move to capitalize on this momentum. The new version includes several enhancements, such as improved AI-powered underwriting tools, which are expected to further strengthen the company's competitive position. Additionally, the upgrade aims to enhance integration and usability, which are critical factors in reducing operational inefficiencies and improving the overall user experience.

For investors, Sapiens International's focus on innovation and technological advancements is a positive sign. The company's ability to balance growth with profitability, as evidenced by its strong financial performance in 2025, suggests a promising outlook for the future. The launch of Sapiens CoreSuite 13.0 is a key milestone in this trajectory, positioning the company to continue delivering value to its customers and investors alike.

References:
https://www.ainvest.com/news/guidewire-software-q4-earnings-cloud-momentum-assessing-transition-recurring-revenue-long-term-profitability-2509/
https://www.ainvest.com/news/guidewire-breakout-2025-performance-cloud-driven-growth-story-strong-profitability-clear-2026-guidance-2509/