SPNS
Sapiens InternationalยทNASDAQ
--
--(--)
Market Open: --
--
--(--)
Pre-Market: --
SPNS Profile
Sapiens International Corporation N.V.
A leading global provider of software solutions for the insurance industry
Azrieli Center, 26 Harukmim St., Holon, 5885800 Israel
A global provider of software solutions for the financial services market, with a focus on insurance.
Sapiens International Corporation N.V. was incorporated in Curao on April 6, 1990. In August 2018, following shareholder approval, they moved the company's legal domicile to the Cayman Islands and now operate as an exempted limited liability company under the Cayman Islands Companies Act (as amended). The company is a global provider of software solutions for the financial services market, with a focus on insurance. In the insurance industry, the company provides clients with L & P and P & C core software solutions, leveraging its field-tested project delivery and implementation methodology to deliver mission-critical, complex solutions and incorporate insurance best practices from around the world, supported by more than 700 employees, including many insurance and technical experts. The company's solutions are complemented by consulting services that address complex issues related to the lifecycle of enterprise business applications. The company generates revenue primarily from the sale, implementation, maintenance and support of its solutions, as well as consulting and other services in the property and casualty, life and pension insurance markets and among its eMerge clients. Revenue is primarily derived from service revenue, including system integration and implementation, product maintenance and support, and licenses for the Company's products.
