BANGALORE, India, July 22, 2019 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS and TASE: SPNS), a leading
global provider of software solutions for the insurance industry,
today announced the opening of a larger and newer office building
in Bangalore for the company's
1,000 employees in India, to
support Sapiens' continued global expansion.
The opening of the new office underscores the strategic
importance of Sapiens' Indian operations in supporting the
company's growth and improving its profit margins. The opening of
the new office will be a major upgrade for Sapiens' existing
employees in India and will also
enable the company to further expand in the near future.
The office building is situated in a technology park inside
Bangalore's high-tech zone, which
is equipped with modern amenities and services.
"It is a high priority for our employees in India to be better equipped to perform their
important roles," said Surajit Basu,
vice president and country manager for India at Sapiens. "Upgrading to this
technology park will help Sapiens continue recruiting talented
employees, so we can keep expanding and growing. India will continue to be a focal point for
Sapiens."
Sapiens employees in India
support new and existing projects across Sapiens' product portfolio
and drive continuous innovation across Sapiens' divisions and the
company's diverse products and services.
"This is an exciting moment for Sapiens. For many years, the
company's goal has been to establish a large presence in
India – an innovative country that
contains many experienced people," said Roni Al-Dor, president and CEO, Sapiens.
"Sapiens has entrusted Indian personnel with leadership and key
positions, and they have exceeded expectations. I would like to
thank all of our hard-working employees in India for making this day a reality, and
Sapiens' India Site Management group for their leadership."
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property and casualty,
life, pension and annuity, reinsurance, financial and
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 450
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: 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
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