HOLON, Israel and ROCHELLE PARK, New Jersey, May 25, 2016 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the insurance industry, with a growing presence in
the financial services sector, announced today that it has
significantly increased its investment in its North American
insurance and retirement services practice.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
Sapiens has fortified its local staff with Mike McCurley, the new head of North American
sales, and an expanded sales team. The company has also added
senior-level delivery personnel, SMEs, business analysts,
developers and support teams in North
America.
Sapiens' North American insurance and retirement services
experts - including sales, development, delivery and support - will
be located across the United
States and Canada. These
experts will support all of Sapiens' lines of business, including
life, annuity, property and casualty, reinsurance, retirement
services and decision management.
Sapiens announced a 20.9% revenue increase in Q1 2016, compared
to Q1 2015, with the company's growth strategy focused on
North America and Europe. This latest expansion is in direct
support of Sapiens' growth and focus on its North American client
base, and attracting new customers.
"Sapiens' increased presence in North
America is key to our goal of strengthening our footprint in
this critical region and focusing on providing only the highest
quality products and services to our customers," said Roni Al-Dor, president and CEO of Sapiens. "In
addition to adding talent, we will continue investing in our
insurance and retirement solutions to maintain our technological
edge."
Sapiens will be discussing its expansion in North America at the upcoming IASA event in
San Antonio, Texas, June 12-15 - booth #609.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the 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 190
financial services organizations. The Sapiens team of over 1,700
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation