Sapiens International Corporation

AdvantageGo specializes in providing innovative commercial insurance and reinsurance management solutions designed to enhance the digital strategies of insurers. With over 25 years of industry experience, the company offers a suite of advanced software systems that integrate with cloud-based microservices, fostering seamless interconnectivity and intelligent data usage. This powerful ecosystem enables insurers to better manage risk administration and leverage curated data, ultimately facilitating improved decision-making and risk mitigation. By combining proven core solutions with an InsurTech approach, AdvantageGo positions itself as a leader in transforming the operational landscape for the (re)insurance sector.

Candela Labs is an IT company specializing in software solutions aimed at digitalizing and automating customer experience and insurance processes. The firm develops process automation and customer engagement software specifically for insurance companies and banks. Its products are built on a cloud-native, microservices architecture that adheres to open standards. By focusing on enhancing processes related to customer experience, acquisitions, service, underwriting, and claims, Candela Labs strives to make financial institutions in the Asia-Pacific and African regions more agile, efficient, and effective in their operations.

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, Inc. specializes in providing 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 range of services, including policy management, claims management, financial management, and business intelligence. Their software solutions also encompass risk management and reporting and analytics, designed to enhance operational efficiency and optimize business processes for their clients. Additionally, Delphi Technology provides consulting and implementation services, ensuring the effective deployment of their solutions within organizations. As of July 2020, Delphi Technology operates as a subsidiary of Sapiens International Corporation N.V.

sum.cumo GmbH specializes in developing online platforms and software solutions tailored for the insurance and lottery sectors. Founded in 2010 and headquartered in Hamburg, Germany, the company also has offices in Dusseldorf and Zurich, serving clients primarily in Germany and Switzerland. sum.cumo focuses on the digital transformation of traditional business models, providing innovative and customer-centric solutions that leverage the latest technologies. The company's team of specialists in consulting, user experience, frontend and backend development, and marketing ensures the successful execution of projects from initial conception to completion. As of February 2020, sum.cumo operates as a subsidiary of Sapiens Deutschland GmbH.

Adaptik Corporation, founded in 2000 and based in Bethlehem, Pennsylvania, specialized in providing property and casualty insurance policy administration solutions in the United States. The company developed PolicyWriter, a rules-based software that managed the complexities of personal, commercial, and specialty insurance lines. This solution included tools for policy administration, customer management, and task management, which enhanced automation and reduced application rejections. Adaptik served various insurance carriers, including those focused on personal, commercial, specialty, and worker's compensation lines. Through strategic partnerships, it aimed to address the challenges faced by insurance providers, streamline product implementations, and improve operational efficiency. In 2019, Adaptik Corporation merged with Sapiens Americas Corporation, further extending its reach and capabilities in the insurance software industry.

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, 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 is a provider of property and casualty insurance software services based in Bradenton, Florida. The company specializes in the Stingray System, a modular, browser-based solution that facilitates various functions within the insurance sector, including policy quoting, rating, issuance, billing, and claims administration. Additionally, Stingray integrates with numerous third-party services such as statistical bureaus, DMV systems, imaging services, credit card processing, general ledger systems, and reporting tools, serving small carriers, managing general agents, third-party administrators, and insurance brokers.

Insseco

IBEXI Solutions Pvt. Ltd., established in 2001 and headquartered in Mumbai, India, specializes in providing comprehensive business and technology solutions tailored to the insurance industry. The company offers a range of products, including front office applications, policy administration systems, and collections management tools, along with services such as IT strategy creation, software evaluation, and business process re-engineering. IBEXI Solutions caters to a wide spectrum of insurance stakeholders, from insurers and reinsurers to banks, agents, brokers, and service providers.

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.

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.