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Holon, Israel – May 17, 2017 – 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, today announced the successful go-live of Sapiens ALIS at EuroLife to replace the company’s legacy environment and support all of EuroLife’s life, investment and health lines of business.

With a legacy environment seriously challenged in meeting a leading Cyprus-based life insurance company’s new product and time to market needs, EuroLife opted to modernize its processing environment with a core solution suite that supports the complete policy lifecycle and contributes to its strategic goal of being a current, customer-centric company.

The Sapiens suite was chosen due to its modern technology, depth of functionality, flexibility and ability to support EuroLife’s...

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