30 May 2016 Insurance

Sapiens expands North American presence

Global software solutions provider Sapiens International, has significantly increased its investment in its North American insurance and retirement services practice.

The company has fortified its local staff and expanded its sales team.

Sapiens has also appointed Mike McCurley as its head of North American sales, as well as adding senior-level delivery personnel, small and medium-sized enterprises (SMEs), business analysts, developers and support teams in North America.

Sapiens' North American insurance and retirement services experts will be located across the United States and Canada, and will cover sales, development, delivery and support.

The 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 percent 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.

Roni Al-Dor, president and chief executive officer (CEO) of Sapiens, said: "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.

"In addition to adding talent, we will continue investing in our insurance and retirement solutions to maintain our technological edge."

Sapiens will be discussing its expansion in North America at the upcoming IASA event in San Antonio, Texas.

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