HOLON, Israel, November 2, 2016 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it has entered into an agreement to partner with CalcFocus, a provider of advanced and rapid illustration functionality that includes straight-through processing. (Logo: http://photos.prnewswire.com/prnh/20160803/395300LOGO ) CalcFocus will be fully integrated into Sapiens ALIS, an industry-leading, core software solution for the life, pension, annuity and medical segments, enabling Sapiens to provide the types of comprehensive solutions that are needed to satisfy evolving legislation and digitally-savvy customers, particularly millennials. With its advanced illustration functionality, CalcFocus offers enhanced processing speed, needs analysis and financial advice integration, with automated product recommendations that are based on customers' best interests. Its complex illustrations can quickly run with multiple variables, for both new and inforce business. Following this latest announcement and Sapiens' partnerships with Life.io, provider of a digital transformation platform that monitors and analyzes policyholder behavior and encourages a healthier lifestyle via incentives, and Idomoo, provider of personalized video technology for enterprises, Sapiens' can now offer its life clients an all-inclusive, end-to-end platform. This platform will support the complete lifecycle of a policy, starting with lifetime planning needs analysis; through product selection, illustration and application process; culminating in policy, claims and payout administration. CalcFocus is Life.io's preferred integration partner to identify user triggers and suggest carrier product recommendations to Life.io users or agents. This information can be communicated via Life.io or Idomoo. The CalcFocus engine determines the optimal carrier product recommendations based on best fit and supplies customized illustrations for the user. Additionally, CalcFocus' illustration engine is expected to extend Sapiens' capabilities by significantly increasing processing speed, providing needs analysis capabilities and measuring inforce performance against policyholder goals.