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Sapiens Benefits From a Strong Portfolio, Partner Base

Sapiens International Corporation (NASDAQ: SPNS) shares have returned 18.8% year to date, outperforming the Zacks Computer Software industry's gain of 16.9%. The insuretech provider benefits from a robust portfolio, expanding clientele and strong partner base. SPNS recently announced the launch of its cutting-edge AI-powered, cloud-native insurance platform. The Sapiens Insurance Platform is designed to leverage digital engagement, data intelligence, core business processing solutions, and advanced machine learning and generative AI (GenAI) capabilities to help insurers innovate and stay competitive in today's dynamic market. In a move to strengthen its footprint in the Medical Professional Liability (MPL) domain, SPNS recently announced a strategic investment in Sapiens CoreSuite for MPL. This initiative aims to drive growth and innovation within the MPL industry by enhancing capabilities in policy administration, finance, claims, and risk management. SPNS' advanced, integrated solution is designed to manage the complexities of MPL operations and adapt swiftly to new regulatory requirements and industry standards. Enhanced functionality, flexibility and superior user experiences are key features of Sapiens CoreSuite for MPL, offering substantial new business value. SPNS YTD Performance Image Source: Zacks Investment Research Sapiens CoreSuite ...