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Home In Brief

Israel's Sapiens insurance software firm approved for NASDAQ

by  ILH Staff
Published on  09-08-2020 17:18
Last modified: 09-08-2020 14:46
The Nasdaq Index office in New YorkAP Photo/Richard Drew

The Nasdaq Index office in New York | File photo: AP Photo/Richard Drew

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Israel's Sapiens International Corporation, which provides software solutions for the insurance sector, has announced that effective Tuesday, its stock is trading on the Nasdaq Global Select Market, under the ticker symbol SPNS.

Sapiens President and CEO Roni Al-Dor said, "Sapiens has invested in developing leading products and expanding our presence in strategic markets, resulting in gross margin expansion and operational improvement that has grown our profitability … Working in tandem with insurers, our partners, we have helped them embrace digital transformation and offer the personalized and streamlined services modern consumers expect."

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