Sapiens International Corporation Strengths, Domain Expertise, and Key Differentiators
Sapiens International excels in delivering comprehensive, AI-driven SaaS solutions tailored for the insurance industry, backed by over 40 years of expertise. Its flagship products, such as IDITSuite for Property & Casualty and CoreSuite for Life & Pensions, offer end-to-end functionality with low-code configuration, enabling rapid deployment and customisation. The company’s cloud-first approach ensures scalability and seamless integration with modern technologies like generative AI, supported by its Microsoft Top 100 Partner status. Sapiens’ global presence, spanning North America, Europe, and Asia-Pacific, allows it to serve diverse regulatory and market needs. Its strong focus on customer-centric innovation, coupled with a robust partner ecosystem, positions Sapiens as a trusted leader in driving digital transformation for insurers worldwide.
Sapiens International Corporation Recent Developments
In 2024, Sapiens International Corporation has continued to enhance its product offerings and expand its global footprint. Notably, the company released the latest version of its CoreSuite for Property & Casualty, aiming to improve performance, security, and efficiency for insurers. Additionally, Society Insurance selected Sapiens' ReinsurancePro solution to automate and transform its reinsurance processes, highlighting the company's strength in providing comprehensive reinsurance management tools.
Sapiens has made significant strides in enhancing its insurance software offerings, focusing on AI-driven innovation and global market expansion. In 2024, the company launched its next-generation Sapiens Insurance Platform, a cloud-native, AI-powered solution integrating digital engagement, data intelligence, and machine learning to streamline insurer operations. This platform, bolstered by a deepened partnership with Microsoft Azure OpenAI, enables insurers to make data-driven decisions and automate processes efficiently.
Sapiens International Corporation Mergers and Acquisitions (M&A) Activities
Sapiens has expanded its capabilities and global footprint through a series of targeted acquisitions. Recent moves include the 2025 acquisitions of AdvantageGo and Candela to enhance its Property & Casualty and life insurance offerings, particularly in global and Asia-Pacific markets. Earlier acquisitions include Tia Technology and Delphi Technology in 2020 to strengthen its European and North American presence, and sum.cumo to boost digital capabilities in the DACH region. In 2018, the company acquired Adaptik to improve service delivery for U.S. insurers and increase competitiveness in the North American market.
Sapiens International Corporation Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sapiens International Corporation applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Sapiens International Corporation and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Sapiens CoreSuite for Life and Pension, Sapiens PolicyPro for Property and Casualty, Sapiens CoreSuite for Life and Annuities, Sapiens CoreSuite for Workers’ Compensation customers.
Sapiens International Corporation Overview
Azrieli Center, 26 Harokmim st.
Holon, x, 588-5800, Israel
972 3 790 2000
https://www.sapiens.com/
Ownership: - NASDAQ:SPNS
Number of Employees: 5000
Functional Markets: Analytics and BI, ERP Financial, ERP Services and Operations,
Key Verticals: Insurance,
Sapiens International Corporation Key Enterprise and Cloud Applications
Sapiens CoreSuite for Life and Pension, Sapiens PolicyPro for Property and Casualty, Sapiens CoreSuite for Life and Annuities, Sapiens CoreSuite for Workers’ Compensation
Sapiens International Corporation Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
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| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Sapiens International Corporation Revenue Breakdown By Type, $M:
Sapiens International Corporation Enterprise Applications Revenues By Functional Markets, $M:
Sapiens International Corporation Enterprise Applications Revenues By Verticals, $M:
Sapiens International Corporation Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
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| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Sapiens International Corporation Direct vs Indirect sales
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Sapiens International Corporation Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Sapiens International Corporation Customers
No. of Sapiens International Corporation Customers: 600
No. of Sapiens International Corporation Enterprise Applications Customers: 600
No. of Sapiens International Corporation Cloud Customers: 169
No. of Sapiens International Corporation Cloud Subscribers: x
Sapiens International serves over 600 customers across more than 30 countries, catering to a diverse range of insurers in property and casualty, life and pensions, and reinsurance markets. Notable clients include Hiscox, a leading P&C and specialty insurer, which leverages Sapiens Decision to enhance digital claims capabilities, and Hollard Group Risk, which implemented Sapiens’ solutions for a complete core transformation in life and pensions.
MS Amlin Insurance also selected Sapiens to modernize its commercial lines operations across multiple countries. Sapiens and Binah.ai announced a partnership to Improve Risk Management with AI. The partnership will enable insurers to leverage health and wellness monitoring technology for streamlined underwriting and enhanced user experience. Access to health data shared by end-users through Sapiens’ platform, enhanced with Binah.ai’s technology, provides a myriad of benefits for both clients and insurance companies.
Sapiens International Corporation Market Opportunities, M&A and Geo Expansions
Sapiens International's increasing adoption of generative AI and machine learning presents opportunities to enhance underwriting, claims processing, and customer engagement, aligning with insurers’ need for data-driven decision-making. Expanding into emerging markets in Asia-Pacific and Latin America, where digital adoption is accelerating, offers significant growth potential. Strategic partnerships with technology leaders like Microsoft and InsurTech firms can further strengthen Sapiens’ ecosystem, enabling seamless integrations and innovative offerings. Additionally, the rising focus on regulatory compliance and fraud detection creates demand for Sapiens’ DataSuite and Decision Management solutions, driving market expansion.
Sapiens International Corporation Risks and Challenges
Sapiens International faces several risks that could impact its performance in the competitive insurance software market. The lengthy development cycles for its complex solutions may delay revenue realisation, while extended and unpredictable sales cycles pose challenges in securing new clients. Integration risks from its aggressive M&A strategy could lead to operational inefficiencies or customer dissatisfaction if not managed effectively. The company also contends with macroeconomic pressures, including inflation, high interest rates, and currency fluctuations, which may affect profitability and cash flows. Additionally, heightened privacy regulations and cybersecurity threats present ongoing challenges, as breaches or non-compliance could damage Sapiens’ reputation and financial standing in a highly regulated industry.
Sapiens International Corporation Ecosystem, Partners, Resellers and SI
Sapiens International Corporation maintains a diverse partner ecosystem designed to enhance its insurance and financial software offerings. The ecosystem includes strategic alliances with global technology providers, system integrators, and consulting firms to deliver end-to-end solutions for insurers. Key technology partners such as Microsoft, AWS, and Salesforce enable Sapiens to integrate cloud, data, and AI capabilities into its platforms. Additionally, Sapiens collaborates with regional and domain-specific partners to support implementation, localization, and compliance needs across various markets. This partner strategy supports Sapiens’ goal of providing scalable, flexible, and innovative solutions to its global client base.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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