Report of Foreign Issuer (6-k)
July 14 2015 - 6:30AM
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 July, 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 o
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): o
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): o
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: July 14, 2015
Exhibit 99.1
EuroLife Selects Sapiens ALIS for All
Life, Investment and Health Lines of Business
Sapiens ALIS will deliver EuroLife’s
new products to market quickly and provide an efficient and flexible operating environment
Holon,
Israel – July 14, 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 that EuroLife has selected Sapiens ALIS, a core solution suite that supports the complete
policy lifecycle, to replace
the company’s legacy environment and support all of EuroLife’s life, investment and health lines of business.
With an inflexible legacy environment unable to meet the leading
Cyprus-based life insurance company’s new product and time to market needs, EuroLife opted to modernize its processing environment.
The Sapiens suite was chosen due to its modern technology, depth of functionality, flexibility and ability to support EuroLife’s
diverse product portfolio. Also key to the decision was Sapiens’ unique implementation approach, offering EuroLife a clear
path to self-sufficiency through a combination of a joint implementation effort, consultation/training and Sapiens’ knowledge
and skills transfer.
“We selected Sapiens because of the rich business functionality
of its software and the professionalism and quality of the personnel. We see a tremendous amount of value in Sapiens’ domain
expertise and understanding of our business needs, as well as the cultural alignment between our organizations and the partnership
spirit created,” said Savvas Sideras, Operations Manager at EuroLife.
Once in production, anticipated benefits from the new system
include:
| · | Improved time to market for new products |
| · | Reduced IT costs associated with the support and maintenance of the
legacy environment |
| · | A holistic view of the client in an omni-channel environment |
| · | The ability to leverage data to better serve and interface with customers |
“We look forward to working closely with EuroLife to help
them meet their goals of delivering the highest quality customer experience, while continuing to reduce costs and increase efficiencies,”
said Henry Ainouze, Vice President, Regional Business and Operations at Sapiens.
Sapiens ALIS is designed to enable insurance carriers to
quickly and efficiently address the challenges of a highly regulated and increasingly competitive marketplace. It’s an end-to-end,
core solution suite that
supports the complete policy lifecycle across a wide variety
of products in the life, pension, annuity and medical segments.
About EuroLife
EuroLife is a leading life insurance company
based in Cyprus, holding a market share of over 27%. It is a subsidiary company of the Bank of Cyprus Group and it specializes
in life, accident and health insurance. EuroLife’s philosophy is based on the needs and wants of any potential client and
offers a wide range of products and services from pure life insurance covers to health insurance, as well as savings and pensions
addressed at both individuals and institutions. For additional information, visit www.eurolife.com.cy.
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 |
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