10 AI News Stories That Are Dominating Headlines

6. Sapiens International Corporation N.V. (NASDAQ:SPNS)

Number of Hedge Fund Holders: 12

Sapiens International Corporation (NASDAQ:SPNS) is a prominent leader in software solutions for the insurance industry. On February 11, the company announced that it has released the Sapiens UnderwritingPro v14, the latest version of its award-winning, automated underwriting and new business case management system for life & annuities insurers. The release encompasses functional and technical enhancements to the system such as AI integration with predictive analytics and intelligent insights, helping users achieve greater operational efficiency, smooth communication, and advanced AI-driven capabilities. There is an innovative agent communication portal that offers streamlined interactions so that agents can provide faster service and enable underwriters to manage their workloads effectively. The new case management system also includes features for easier control and management of underwriting rules. All in all, the new solution will help insurers automate decisions, optimize their underwriting processes, and improve operational accuracy across all sectors.

“Our new version of UnderwritingPro reflects Sapiens’ strategic commitment to innovation and continuous development driven by industry trends, and input from our user community. This latest release takes automated underwriting to the next level by integrating AI and provides tools that empower insurers to deliver faster, smarter, and more accurate underwriting decisions.”

-Roni Al-Dor, Sapiens President and CEO.