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Hiscox Goes Live with Sapiens Insurance Platform on Cloud

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Hiscox Goes Live with Sapiens Insurance Platform on Cloud

An update from Sapiens ( (SPNS) ) is now available.

On March 12, 2025, Sapiens International Corporation announced that Hiscox, a leading insurer, has successfully gone live with the Sapiens Insurance Platform on the Sapiens Cloud. This strategic migration from Microsoft Azure to Sapiens Cloud aligns with Hiscox’s long-term business objectives, resulting in a 30% improvement in application speed and enhanced operational productivity. The move allows Hiscox to leverage a modern API layer for improved integration and extended digital trading capabilities, supporting their growth strategy and enhancing their market offerings.

More about Sapiens

Sapiens International Corporation is a global leader in intelligent insurance software solutions, providing a robust platform that empowers insurers to future-proof their organizations with operational excellence. The company serves over 600 customers in more than 30 countries, offering solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management.

YTD Price Performance: 4.64%

Average Trading Volume: 189,359

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.52B

See more insights into SPNS stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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