HOLON, Israel, June 30, 2021 /PRNewswire/ -- Sapiens
International Corporation (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, today announced the availability of two additional
cloud-native components of its DigitalSuite, a dynamic, digital
engagement and enablement platform that helps insurers accelerate
their digital transformation: Sapiens Journey & Form Composer.
Created and designed exclusively for the insurance market by some
of the industry's leading digital experts, Sapiens Journey &
Form Composer can be implemented stand-alone, or as part of a full
digital enablement program.
Sapiens Journey & Form Composers empower business users to
introduce and manage existing journeys and workflows, or plan and
create new ones, without having to write code. Simple drag and
drop, low-code functionality and a library of widgets and
components help insurers accelerate time to market and reduce
costs without having to rely on IT resources. The modules are
highly intuitive, visual, clear and easy to publish.
"Sapiens provides insurers the tools and capabilities to better
serve customers and agents, so they can be more self-sufficient. No
matter how quickly the landscape evolves, we enable insurers to
improve their journey – unshackled from IT dependencies – in order
to react to advancements in innovation," said Roni Al-Dor, Sapiens president and CEO. "We are
very proud to lead the journey for our customers."
Sapiens Journey Composer enables insurers to digitize their
current journeys to enhance every step of the insurance lifecycle
for customers and internal users. Sapiens Form Composer digitizes
paperwork and forms, enabling insurers to convert traditional PDFs
into new digital formats, quickly transforming journeys. Together
they can enhance current customer journeys but also create new
journeys in new sectors or for new lines of insurance. The modules
provide insurers with the tools to configure and deploy new
products faster, easily add data sources and remove costly IT
resources to truly own the process of intuitive journey management
and creation.
Sapiens DigitalSuite's modular, cloud-native components can
be integrated with insurers' existing technology landscape to
create new, digitally native journeys, to redefine the customer
experience by utilizing new technologies, or to cater to new lines
of business. Sapiens DigitalSuite enables a quick entrance into new
markets, with open architecture and seamless integration through
advanced APIs, the insight of data-driven business processes and
the agility of a cloud-native environment.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. Sapiens 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 more than 600 organizations globally,
Sapiens has a proven ability to satisfy customers' core systems,
data and digital requirements. For more information:
www.sapiens.com
Media
Contact
Shay
Assaraf
Chief of Marketing,
Sapiens
+44 7548
369920
Shay.assaraf@sapiens.com
|
Investors
Contact
Daphna
Golden
Vice President, Head
of Investor Relations, Sapiens
ir@sapiens.com
|
Forward Looking Statements
Certain matters discussed in this press release that are
incorporated herein by reference are forward-looking statements
within the meaning of Section 27A of the Securities Act, Section
21E of the Exchange Act and the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995, that are based on
our beliefs, assumptions and expectations, as well as information
currently available to us. Such forward-looking statements may be
identified by the use of the words "anticipate," "believe,"
"estimate," "expect," "may," "will," "plan" and similar
expressions. Such statements reflect our current views with respect
to future events and are subject to certain risks and
uncertainties. There are important factors that could cause our
actual results, levels of activity, performance or achievements to
differ materially from the results, levels of activity, performance
or achievements expressed or implied by the forward-looking
statements, including, but not limited to: the degree of our
success in our plans to leverage our global footprint to grow our
sales; the degree of our success in integrating the companies that
we have acquired through the implementation of our M&A growth
strategy; the lengthy development cycles for our solutions, which
may frustrate our ability to realize revenues and/or profits from
our potential new solutions; our lengthy and complex sales cycles,
which do not always result in the realization of revenues; the
degree of our success in retaining our existing customers or
competing effectively for greater market share; difficulties in
successfully planning and managing changes in the size of our
operations; the frequency of the long-term, large, complex projects
that we perform that involve complex estimates of project costs and
profit margins, which sometimes change mid-stream; the challenges
and potential liability that heightened privacy laws and
regulations pose to our business; occasional disputes with clients,
which may adversely impact our results of operations and our
reputation; various intellectual property issues related to our
business; potential unanticipated product vulnerabilities or
cybersecurity breaches of our or our customers' systems; risks
related to the insurance industry in which our clients operate;
risks associated with our global sales and operations, such as
changes in regulatory requirements, wide-spread viruses and
epidemics like the recent novel coronavirus pandemic, which
adversely affected our results of operations, or fluctuations in
currency exchange rates; and risks related to our principal
location in Israel and our status
as a Cayman Islands company.
While we believe such forward-looking statements are based on
reasonable assumptions, should one or more of the underlying
assumptions prove incorrect, or these risks or uncertainties
materialize, our actual results may differ materially from those
expressed or implied by the forward-looking statements. Please read
the risks discussed under the heading "Risk Factors" in our most
recent Annual Report on Form 20-F, in order to review conditions
that we believe could cause actual results to differ materially
from those contemplated by the forward-looking statements. You
should not rely upon forward-looking statements as predictions of
future events. Although we believe that the expectations reflected
in the forward-looking statements are reasonable, we cannot
guarantee that future results, levels of activity, performance and
events and circumstances reflected in the forward-looking
statements will be achieved or will occur. Except as required by
law, we undertake no obligation to update publicly any
forward-looking statements for any reason, to conform these
statements to actual results or to changes in our expectations.
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SOURCE Sapiens International Corporation