Sapiens International Corporation announced its strategic expansion in the Canadian market, marking a significant milestone in Sapiens' growth trajectory. With an increased focus on delivering advanced solutions and superior customer service in Canada, Sapiens will strengthen support for existing Canadian customers and expand its reach to new prospects seeking SaaS solutions and services across life, property and casualty, and workers' compensation markets. Sapiens has been successfully serving leading Canadian insurers for more than 15 years.

Sapiens' strategic decision to expand its Canadian presence even further comes amidst a surge in regional customers, including Saskatchewan Workers' Compensation Board (WCB). To ensure seamless expansion and meet the evolving needs of customers, Sapiens intends to increase its workforce in its Ontario offices by onboarding seasoned industry professionals with global domain expertise and technical proficiency. This enhances Sapiens' capability to deliver innovative, customer-centric solutions and unparalleled support to even more Canadian clients to drive growth in a competitive market and build a strong regional ecosystem.

The expansion in Canada builds upon Sapiens' proven track record of delivering solutions, as evidenced by its partnership with WCB. Sapiens CoreSuite for Workers Compensation, Sapiens DigitalSuite, and Sapiens Intelligence will transform WCB's core systems, streamline service delivery and enhance operational efficiency. A number of life carriers in Canada are utilizing Sapiens' digital life solutions, including ApplicationPro, IllustrationPro, UnderwritingPro, and CoreSuite for Life & Annuities to enhance their operational efficiency and improve the overall customer and agent experience.