HOLON, Israel and DENVER, Colorado, May
8, 2017 /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 its fully owned subsidiary StoneRiver, Inc., a
trusted insurance technology partner with solutions across multiple
business lines, has been named among this year's "Top 10 Policy
Administration Solution Providers" by Insurance CIO Outlook
magazine. This is the second consecutive Insurance CIO Outlook "Top
10" appearance for StoneRiver, having been named a "Top 10 Claims
Processing & Management Solution Provider" in 2016.
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The prestigious 2017 list of "top" administration solution
providers is determined by a team of prominent CEOs, CIOs, and VCs,
along with Insurance CIO Outlook 's editorial board.
StoneRiver has been recognized due to its demonstrated ability to
develop innovative technologies, combined with its outstanding
customer service and talent base.
"We congratulate StoneRiver on being named one of the Top 10
Policy Administration Solution Providers for 2017," said
Pamela Morgan, managing editor of
Insurance CIO Outlook. "StoneRiver stood out for its
capability to fulfill the burning need for cost-effective and
flexible policy administration solutions that add value to the
insurance landscape."
Yaffa Cohen-Ifrah, chief
marketing officer and head of corporate communications with
Sapiens, said, "It is always gratifying to be recognized by the
industry and receive validation that we are effectively addressing
those issues that keep insurance executives up at night - keeping
up with the industry's rapid pace of change, delivering an
exemplary level of service and maintaining competitive advantage
through technology and product innovation."
Cohen-Ifrah continued, "We are extremely proud to make the Top
10 as an administration solution provider, and especially for being
recognized for our property and casualty and workers' compensation
offerings. We thank Insurance CIO Outlook for sponsoring the
Top 10 program."
About StoneRiver, Inc.
StoneRiver delivers the industry's widest range of
value-oriented technology solutions and services to insurance
carriers, agents and broker-dealers. This versatile product group
encompasses front-office, policy, claims, rating, underwriting,
billing and reinsurance automation for all major business lines.
Hundreds of companies of all sizes rely on StoneRiver software and
processing solutions to achieve a competitive edge. Customer
satisfaction and client success are the continuing goal, and are in
large part achieved by maintaining and valuing strong, long-term
customer relationships.
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 400
financial services organizations. The Sapiens team of over 2,500
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
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation