This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sapiens Announces DECISION For Insurance

Stocks in this article: SPNS

LAS VEGAS, May 7, 2013 /PRNewswire/ --

At the ACORD LOMA Insurance Systems Forum. Sapiens International Corporation, (NASDAQ and TASE: SPNS), a global provider of innovative software solutions for the financial services industry, today announced the introduction and general availability of Sapiens DECISION for Insurance.   DECISION for Insurance is a business decision management solution (BDMS) designed to enable L&P and P&C carriers to build, maintain and leverage a centralized repository of reusable business rules and logic to provide a single source for enhanced business decision making, easier compliance, better governance, and improved efficiencies.  Sapiens can be found at ACORD LOMA at booth 551.

     (Logo: )

By treating business logic as a corporate asset, separating the logic from the process, and consolidating all of the rules into a central, audit trail supported repository, DECISION for Insurance gives the carrier full control of decision execution throughout the enterprise, and consistency across multiple systems.

Commenting on Sapiens DECISION for Insurance, Karen Furtado, Partner with leading insurance strategic advisory firm Strategy Meets Action (SMA), said, "Managing the significant volume of business rules within the insurance enterprise has been an increasing challenge for insurers.  Sapiens DECISION for Insurance creates a paradigm shift in the way insurers can manage disparate business rule content therefore creating improved time to market responsiveness."

Roni Al-Dor, President and CEO of Sapiens, commented, "We are seeing a growing interest and momentum in the adoption of our DECISION offering in the financial services industry. Given our focus on the insurance market, an insurance specific DECISION offering seemed like the perfect fit. With the proliferation of rules engine systems over the past decade, many carriers find themselves with a significant challenge when it comes to managing their business rules and logic. DECISION for Insurance offers a single source of business logic to best manage the rules and logic assets across the enterprise."

Tomer Srulevich, Executive Vice President, Sales and Operations - DECISION, added, "We are excited to introduce DECISION for Insurance to provide a simple and elegant way to fulfill a carrier's need for rules clarity and fast reusability of existing logic, and their desire for a technology independent solution as a point-of-truth for the invaluable company asset found in the business logic. "

About Sapiens

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,072.72 +42.51 0.24%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs