Sapiens expands international footprint with successful platform implementation for Bangkok Insurance

From NASDAQ.: 2024-06-17 11:34:00

Sapiens International Corporation announced the successful implementation of their P&C platform by Bangkok Insurance, marking a significant upgrade. The platform aims to enhance revenue growth, operational efficiency, and market responsiveness while reducing total cost of ownership. Sapiens’ AI-powered software covers customer acquisition, claims, and renewals, offering actionable insights for decision-making.

Sapiens is benefiting from a growing clientele and strong partner base, including Microsoft, DataCrest, and Deloitte. The company recently launched IntegrateAI to integrate machine learning models into decision-making processes. With an expanding international presence in the U.K., Germany, and Canada, Sapiens remains optimistic about future revenues and non-GAAP operating margin.

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Read more at NASDAQ.: Sapiens (SPNS) Expands International Footprint With BKI Deal