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Absa Life Adopts Sapiens Platform for Core System Modernization

Story Highlights
  • Sapiens International provides SaaS-based software solutions for the insurance industry.
  • Absa Life successfully implements Sapiens Insurance Platform to modernize operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Absa Life Adopts Sapiens Platform for Core System Modernization

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Sapiens ( (SPNS) ) just unveiled an announcement.

On June 23, 2025, Sapiens International Corporation announced that Absa Life, a leading life insurer in South Africa, has successfully implemented the Sapiens Insurance Platform across multiple distribution channels. This marks a significant step in Absa Life’s transformation, simplifying operations and enhancing customer journeys. The platform includes Sapiens CoreSuite for Life & Pensions, DigitalSuite, DataSuite, and Cloud Services, which support Absa Life’s funeral line of business and future expansion. The integration aims to simplify Absa Life’s technology landscape, enhance customer experiences, and support digital ambitions, positioning the company for AI-driven innovation and improved market responsiveness.

The most recent analyst rating on (SPNS) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Sapiens stock, see the SPNS Stock Forecast page.

Spark’s Take on SPNS Stock

According to Spark, TipRanks’ AI Analyst, SPNS is a Outperform.

Sapiens International Corporation’s stock is rated positively due to its strong financial performance characterized by revenue growth, robust profitability, and solid cash flow. The technical indicators suggest upward momentum, and the stock is reasonably valued with a healthy dividend yield. The recent earnings call provided positive guidance despite some challenges, reinforcing confidence in future growth and profitability.

To see Spark’s full report on SPNS stock, click here.

More about Sapiens

Sapiens International Corporation is a global leader in intelligent SaaS-based software solutions for the insurance industry. The company provides a robust platform that empowers insurers to future-proof their operations with AI and advanced automation, supporting core solutions for property and casualty, workers’ compensation, and life insurance. Sapiens serves over 600 customers in more than 30 countries and is recognized for its innovative offerings and partnerships.

Average Trading Volume: 160,216

Technical Sentiment Signal: Buy

Current Market Cap: $1.59B

See more data about SPNS stock on TipRanks’ Stock Analysis page.

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