Report of Foreign Issuer (6-k)
June 11 2015 - 6:06AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2015
Commission File Number 000-20181
SAPIENS INTERNATIONAL CORPORATION N.V.
(Translation of Registrant’s name
into English)
c/o Landhuis Joonchi
Kaya Richard J. Beaujon z/n
P.O. Box 837
Willemstad,
Curaçao
(Address of Principal
Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x
Form 40-F ¨
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Altshuler
Shaham Goes Live with Sapiens ALIS
Sapiens completes the greenfield life
project in eleven months and provides Altshuler with a unique sales channel for policies
Holon, Israel – June 11, 2015 – Sapiens International
Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging
focus on the broader financial services sector, announced today the successful go-live of Sapiens ALIS at Altshuler Shaham –
a leading Israeli investment house.
With insurance regulations encouraging new companies to diversify
the life insurance market, Altshuler Shaham recognized the opportunity, opting to launch a greenfield life insurance operation
offering investment and risk products. The investment house is offering end-to-end life insurance processing, from the initial
sale through ongoing management.
Altshuler Shaham’s decision to enter this new market and
implement Sapiens ALIS, a core policy administration solution supporting the complete policy lifecycle, was based on Sapiens’
deep knowledge of the insurance market, its proven solution and wealth of experience managing long-term investment products.
The Sapiens system’s full compliance with local regulations
and legislation, and the collaboration between Sapiens and Altshuler Shaham personnel on the definition of workflows and procedures,
led to the completion of the project in only eleven months. Sapiens provided interfaces for internal and external systems, to enable
Altshuler Shaham to merge this core system with existing systems.
Altshuler
Shaham is now benefitting from an online, digital sales channel for policies –
this new distribution channel is unique in the industry and has expedited the firm’s sales process.
“Entering as a new player to the life insurance market,
it was important for us to team with a proven partner that would act as a trusted advisor, offer best practices and guidance, and
equip us with the most modern technology,” said Yair Lowenstein, CEO of Altshuler Shaham Insurance Company Ltd. “Sapiens’
expertise and experience enabled us to go-live within eleven months.”
“Altshuler Shaham’s vote of confidence in Sapiens
ALIS and people is appreciated and we look forward to playing a key role in helping the investment firm continue its rapid growth
trajectory,” said Roni Al-Dor, Sapiens’ president and CEO. “We are always pleased to introduce our clients to
new verticals, so they can obtain new customers and increase their revenue streams.”
About Altshuler Shaham
The Altshuler Shaham Group, founded by Kalman Shaham and Gilad
Altshuler, is a leading Israeli firm in the field of asset management. Since 1990, it has specialized in the management of portfolios
and mutual, provident and pension funds. The Group currently manages approximately 70 billion NIS, and provides a wide range of
services to its institutional and private investors. Altshuler Shaham`s creative, professional and cautious approach, coupled with
an innovative investment strategy, has established Altshuler Shaham as a leading asset management brand in the Israeli market.
For more information: www.invest-as.com.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is
a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services
sector. Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision management software. The company has a track record of over 30
years in delivering superior software solutions to more than 150 financial services organizations. The Sapiens team of over 1,200
professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more
information: www.sapiens.com.
Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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Sapiens International Corporation N.V. |
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By: |
/s/ Roni Giladi |
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Roni Giladi |
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Chief Financial Officer |
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Dated: June 11, 2015 |
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