Sapiens International Corporation, a global provider of software solutions for the insurance industry, has significantly strengthened its presence in DACH countries, as it furthers its strategy to expand business and provide more innovative technology to the region’s insurance market. Sapiens has made significant investment in the region expanding its P&C and Digital products and increasing…
Tag: Sapiens International Corporation
Sapiens to acquire Danish insurance firm Tia Technology
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•Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement to acquire Tia Technology, a leading vendor of digital software solutions, from the global investment organization EQT Mid Market. The transaction is subject to customary closing conditions and is expected to be completed…
Sapiens announces acquisition of Delphi Technology to boost expansion
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•Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement to acquire Delphi Technology Inc, a leading vendor of software solutions for property & casualty (P&C) carriers, with a focus on the medical professional liability markets. U.S.-based Delphi, founded in 1989 and headquartered…
Sapiens International raises $60 mn in Non-Convertible Debenture
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•Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has completed the public offering of non-convertible series B debenture and the listing thereof on the Tel-Aviv Stock Exchange, for a sum of approximately $60 million bearing an annual interest rate of 3.37%. Both institutional and private investors participated…
Sapiens completes acquisition of sum.cumo
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•Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that Germany’s antitrust authority has approved Sapiens’ acquisition of sum.cumo without restriction. All necessary regulatory approvals for the acquisition have now been received and the transaction is completed. sum.cumo is a German-based technology provider that offers disruptive, digital, innovative and consumer-centric…