HOLON, Israel, December 13, 2016 /PRNewswire/ --
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 the Nordic market by establishing a new head office in
Copenhagen, Denmark.
(Logo:
http://photos.prnewswire.com/prnh/20160803/395300LOGO )
Sapiens has intensified its efforts in the region as of late and
recently announced a multi-million Euro agreement with LB Group, a
member-owned insurance company based in Denmark. The establishment of the new office
supports Sapiens' goal of growing its business in the Nordic region
by expanding its relationship with existing regional clients and
attracting new ones.
Sapiens' first Nordic user group meeting was recently hosted at
the Copenhagen office with
participants from Denmark,
Norway and Sweden.
"Sapiens is focused on penetrating territories with potential
for expansion," said Roni Al-Dor,
president and CEO of Sapiens. "The Nordic region - a leading area
for insurance, digitization and technology innovation - is a market
where we have already experienced success, but there is significant
opportunity for growth."
As part of its efforts to better service its Nordic customers
and expand its footprint, Sapiens has appointed Helle Hølmer as
Sapiens' new Nordic regional director. For the past 15+ years,
Hølmer has worked as an IT and management consultant focusing on
the insurance sector and core system transformations. Prior to
joining Sapiens, she was a partner at Deloitte Consulting Financial
Services.
Hølmer possesses extensive experience in both sales and delivery
at IT and software companies, such as IBM, and has worked for more
than three decades with clients in the Nordic financial sector.
"I know first-hand that many Nordic insurers are limited by
their legacy systems and are considering how to best prepare for
the future - Sapiens is well-positioned to help them do so," said
Hølmer. "I look forward to combining my market expertise and
long-standing relationships in the Nordic region with Sapiens'
leading offerings and services, to help insurers succeed in a
complex and quickly evolving market."
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the financial services sector.
Sapiens offers core, end-to-end solutions to the global general
insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision
management software. The company has a track record of over 30
years in delivering superior software solutions to more than 200
financial services organizations. The Sapiens team of over 1,900
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation