Sapiens Announces Significant Expansion of its North American Presence

25 May 2016

The company’s bolstered North American operations includes a new head of NA sales, and increased sales staff and senior-level personnel

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it has significantly increased its investment in its North American insurance and retirement services practice. 

Sapiens has fortified its local staff with Mike McCurley, the new head of North American sales, and an expanded sales team. The company has also added senior-level delivery personnel, SMEs, business analysts, developers and support teams in North America.

Sapiens’ North American insurance and retirement services experts – including sales, development, delivery and support – will be located across the United States and Canada. These experts will support all of Sapiens’ lines of business, including life, annuity, property and casualty, reinsurance, retirement services and decision management.

Sapiens announced a 20.9% revenue increase in Q1 2016, compared to Q1 2015, with the company’s growth strategy focused on North America and Europe. This latest expansion is in direct support of Sapiens’ growth and focus on its North American client base, and attracting new customers.

“Sapiens’ increased presence in North America is key to our goal of strengthening our footprint in this critical region and focusing on providing only the highest quality products and services to our customers,” said Roni Al-Dor, president and CEO of Sapiens. “In addition to adding talent, we will continue investing in our insurance and retirement solutions to maintain our technological edge.”

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