Sapiens International Corporation N.V.

https://sapiens.com

Sapiens International Corporation N.V. is a global provider of software solutions for the insurance industry, headquartered in Holon, Israel. The company's core mission is to empower the financial sector, with a specific focus on insurance, to undergo digital transformation, fostering innovation and agility. Sapiens aims to future-proof insurance organizations by delivering operational excellence in a rapidly evolving market.

Sapiens offers a comprehensive suite of intelligent, SaaS-based software solutions, including core systems for property & casualty (P&C), life & pensions (L&P), and reinsurance. Key product offerings include IDITSuite for P&C, CoreSuite for Life & Pensions, DigitalSuite, DataSuite, Decision Management, and specialized Workers' Compensation solutions. Serving over 600 customers across more than 30 countries, Sapiens primarily targets insurance carriers, including life, annuity, P&C, and health insurers, with a focus on midsize carriers and specialty lines.

In a significant corporate development, Sapiens was acquired by private equity firm Advent International on December 17, 2025, in a transaction valued at approximately $2.5 billion, transitioning the company from publicly traded to privately held. This acquisition is intended to accelerate Sapiens' innovation strategy and support its global expansion. Following the acquisition, Mike Ettling was appointed Executive Chairman and interim CEO, succeeding Roni Al-Dor, who stepped down after two decades. The company continues to position itself as a leader in intelligent, cloud-native, and AI-driven software solutions, assisting insurers in modernizing legacy systems and achieving digital transformation.

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