Sapiens

Sapiens is a leading provider of software solutions tailored to the insurance industry, serving various sectors including general insurance, life and pensions, reinsurance, and retirement markets. They offer comprehensive end-to-end solutions and business decision management software.

Roni Al-Dor

President, CEO, Director

13 past transactions

AdvantageGo

Acquisition in 2025
AdvantageGo is a provider of commercial insurance and reinsurance software that helps insurers pursue an intelligent digital strategy. With over 25 years of experience, it combines core insurance workflow software with cloud-based microservices to create an ecosystem that enables seamless interconnectivity and rich data. The platform aims to improve risk administration, data access, and decision-making by integrating with core systems and leveraging intelligent data. It focuses on IT agility and the adoption of digital technologies to mitigate risk and support InsurTech-driven innovation for insurers and reinsurers.

Candela Labs

Acquisition in 2025
Candela Labs specializes in digitalizing and automating customer experience and insurance processes for insurers and banks. Its cloud-native platform streamlines operations across customer engagement, acquisitions, service, underwriting, and claims, enhancing agility and responsiveness.

TIA Technology

Acquisition in 2020
TIA Technology is a prominent developer of software systems tailored for the insurance industry, based in Denmark. The company provides a versatile and comprehensive suite of core applications specifically designed for property, casualty, and composite insurers. In addition to its primary focus on property and casualty insurance, TIA Technology also offers solutions for life and pension, health insurance, and various extension modules. Furthermore, the company delivers extensive implementation, application management, and hosting services, which support insurers in executing their digital and business strategies effectively.

Delphi Technology

Acquisition in 2020
Delphi Technology, Inc. is a provider of business software solutions tailored for the healthcare professional liability industry. Founded in 1989 and headquartered in Boston, Massachusetts, with additional offices in North America and Shanghai, China, the company offers a diverse range of software solutions, including underwriting, policy management, claims management, financial management, business intelligence, and predictive analytics. Delphi Technology focuses on enabling organizations to enhance operational efficiency, streamline processes, and adapt to evolving business requirements. In addition to its software offerings, the company provides business consulting, implementation, and IT services, covering areas such as medical professional liability, hospital professional liability, professional liability, and workers' compensation. As of July 2020, Delphi Technology operates as a subsidiary of Sapiens International Corporation N.V.

sum.cumo

Acquisition in 2020
sum.cumo GmbH is a company that specializes in developing online platforms and software solutions specifically tailored for the insurance and lottery sectors. Established in 2010 and headquartered in Hamburg, Germany, it also operates offices in Dusseldorf and Zurich, serving clients across Germany and Switzerland. The company focuses on the integrated digitalization of traditional business models, providing innovative and customer-centric solutions that leverage the latest technologies. sum.cumo employs a team of specialists in consulting, user experience, frontend and backend development, and marketing to guide projects from conception through to execution, ensuring successful outcomes for their clients. As of early 2020, sum.cumo operates as a subsidiary of Sapiens Deutschland GmbH.

Adaptik Corporation

Acquisition in 2018
Adaptik Corporation, founded in 2000 and based in Bethlehem, Pennsylvania, specialized in providing policy administration solutions for property and casualty insurance carriers in the United States. The company's flagship product, PolicyWriter, is a rules-based system designed to manage the complexities of personal, commercial, and specialty insurance lines. It offers tools for policy administration, customer management, and task management, aimed at increasing automation and reducing application rejections. Adaptik served a diverse range of clients, including personal, commercial, specialty, and worker’s compensation insurance carriers. The company established strategic partnerships with notable firms to enhance its offerings. In 2019, Adaptik Corporation merged into Sapiens Americas Corporation, marking a significant transition in its operational framework.

knowledgeprice

Acquisition in 2018
Knowledgeprice is an IT consulting firm based in Riga, Latvia, established in 2008. As a subsidiary of Sapiens Technologies, the company specializes in delivering high-quality consulting services for technology projects. Its areas of expertise encompass enterprise architecture, system design, IT project management, and programming. Knowledgeprice particularly excels in information systems turnaround projects, focusing on the transition from legacy systems while ensuring continuity and reliable support for its clients.

StoneRiver

Acquisition in 2017
StoneRiver, Inc. specializes in developing and providing software solutions and services tailored for the property and casualty insurance sector, including life, annuity, and reinsurance markets. The company offers a range of products, such as policy administration systems for both personal and commercial lines, billing and claims processing systems, and comprehensive workers’ compensation solutions. Their offerings also include customer relationship management software and financial reporting tools designed to meet the specific needs of insurance carriers, agents, and broker-dealers. Founded in 1986 and based in Denver, Colorado, StoneRiver operates as a subsidiary of Sapiens International Corporation N.V. The company emphasizes innovative solutions and flexible service offerings to help clients remain competitive in a rapidly evolving insurance landscape.

Maximum Processing

Acquisition in 2016
Maximum Processing is a provider of property and casualty insurance software services based in Bradenton, Florida. The company's flagship product, the Stingray System, is a modular, browser-based solution that facilitates various aspects of insurance management, including policy quoting, rating, issuance, billing, claims processing, and reinsurance administration. The Stingray System integrates with multiple third-party services, such as statistical bureaus, DMV data, imaging services, credit card processing, general ledger systems, comparative raters, and reporting tools, ensuring a comprehensive platform for small carriers, managing general agents, third-party administrators, and insurance brokers.

Insseco

Acquisition in 2015
Insseco

IBEXI Solutions

Acquisition in 2015
IBEXI Solutions Pvt. Ltd. is a leading provider of business and technology solutions tailored for the insurance industry. Founded in 2001 and headquartered in Mumbai, India, the company serves a diverse clientele, including insurers, reinsurers, banks, agents, brokers, and service providers. Its extensive product offerings encompass a variety of software solutions such as INGENIUM, a policy administration system, and Sapiens IDIT, which caters to the general insurance market. IBEXI Solutions also provides tools for insurance proposal administration and life and pensions administration, as well as analytics solutions that assess clients' insurance needs. In addition to software, the company delivers consulting services focused on IT strategy, business process design, software evaluation, and comprehensive system audits. Its collaboration with industry partners enhances its capacity to deliver robust solutions. Now operating as a subsidiary of Sapiens International Corporation N.V., IBEXI Solutions continues to play a significant role in transforming the insurance sector through innovative technology and strategic consulting.

Formula Insurance Solution

Acquisition in 2011
Formula Insurance Solution is a global packaged-based solutions that enable financial service companies to efficiently manage the entire policy lifecycle of all life insurance, pension and investment products.

Harcase Software

Acquisition in 2010
Established in 2003, Harcase Software is dedicated to providing enterprise software development resources and products to the Property and Casualty insurance industry called RapidSure. The RapidSure suite was already embraced by several large carriers. Backed by an experienced management team with over 20 years of experience in enterprise solutions to the global insurance market, Harcase understands the business pressures and challenges faced by insurers and delivers solutions that meet and anticipate their needs.
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