UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of August 2024
Commission
File Number 000-20181
SAPIENS
INTERNATIONAL CORPORATION N.V.
(Translation
of Registrants name into English)
Azrieli
Center
26
Harokmim St.
Holon,
5885800 Israel
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
CONTENTS
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
Sapiens International Corporation N.V. |
|
|
Date: August 6, 2024 |
By: |
/s/
Roni Giladi |
|
|
Name:
|
Roni Giladi
|
|
|
Title: |
Chief Financial Officer |
Exhibit
Index
The
following exhibit is furnished as part of this Form 6-K:
3
Exhibit 99.1
![](https://www.sec.gov/Archives/edgar/data/885740/000121390024065364/ex99-1_001.jpg)
Rockford Mutual Insurance Company Selects Sapiens
ReinsurancePro to Enhance Efficiency and Mitigate Claims Leakage
Sapiens’ automation of the reinsurer’s
processes ensures financial stability and operational excellence
Rochelle Park, NJ, August 6, 2024 – Sapiens International
Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that
Rockford Mutual Insurance Company has selected Sapiens ReinsurancePro to fully automate their reinsurance management processes, to maximize
efficiency and profitability, and mitigate costly claims leakage.
ReinsurancePro’s strong automation and highly transparent, efficient
platform will enable Rockford Mutual to seamlessly conduct auditable processing, manage complex reinsurance transactions, and quickly
respond to new reinsurance offerings. Sapiens’ automated solution systematically eliminates complexities within treaties by balancing
the appropriate coverage with the rising costs of coverage, enabling Rockford Mutual to track, bill, recover reinsurance, and capture
data appropriately.
A longtime Sapiens customer, Rockford Mutual selected Sapiens ReinsurancePro
to achieve their reinsurance business objectives, in conjunction with Sapiens FinancialPro and StatementPro solutions that they currently
use.
“Sapiens’ automation solution gives us full control over
our processing, reporting, and auditability, and ensures that we have the tools in place to prevent potential claims leakage,” said
Tiffany Herron, Rockford Mutual’s Assistant Vice President of Financial Services. “We needed a solution that allowed for ease
of use across the company, to make the processing easier for our accounting and claims departments.”
“We are proud to be Rockford Mutual’s partner of choice
for the automation of their reinsurance processes, and to optimize their retention levels by empowering a reinsurance program that’s
financially stable and reportable,” said Roni Al-Dor, Sapiens President and CEO. “Our value-added solutions and services are
created to empower our customers to grow in a competitive climate.”
Sapiens ReinsurancePro efficiently automates the underwriting and administration
of reinsurance, including treaty and facultative, ceded, assumed, and retroceded reinsurance. Created and designed exclusively for the
reinsurance market, Sapiens ReinsurancePro manages the entire range of reinsurance contracts and activities for all lines of business.
About Rockford Mutual Insurance Company
Rockford Mutual Insurance Company provides products and services in the states of Illinois, Wisconsin and Indiana with a reputation and
financial stability obtained by over 100 years of business. Rockford Mutual is committed to the Independent Agency System and all of the
company’s business is produced through a network of local independent agents who understand the needs of their customers. For
more information, please visit www.rockfordmutual.com
www.sapiens.com
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global
leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem,
insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers
harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and
life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts
a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry
experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire
transformation journey and is continuously innovating to ensure their success. Visit our website at www.sapiens.com
Investor and Media Contact
Yaffa Cohen-Ifrah
Sapiens Chief Marketing Officer and Head of Investor Relations
Mobile: +1 917 533 4782
Email: Yaffa.cohen-ifrah@sapiens.com
Forward Looking Statements
Certain matters discussed in this press release
that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities
Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that
are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements
may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,”
“may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect
to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results,
levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements
expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to
leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through
the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability
to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result
in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater
market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially
unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash
flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term,
large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream;
the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with
clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to
our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems;
risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such
as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic, and fluctuations in currency
exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.
While we believe such forward-looking statements
are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties
materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the
risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to
be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those
contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although
we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results,
levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur.
Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these
statements to actual results or to changes in our expectations.
www.sapiens.com
Sapiens International Co... (NASDAQ:SPNS)
過去 株価チャート
から 8 2024 まで 9 2024
Sapiens International Co... (NASDAQ:SPNS)
過去 株価チャート
から 9 2023 まで 9 2024