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Sapiens and DataCrest Forge Partnership to Elevate Underwriting Precision in P&C Sector

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The strategic collaboration accelerates operational efficiencies and drives premium growth for P&C insurers

ROCHELLE PARK, N.J., Feb. 26, 2024 /PRNewswire/ — Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and DataCrest, a pioneer in innovative insurance solutions, today announced the formation of a strategic partnership to revolutionize the application process and drive premium growth for P&C insurers.

 

 

The partnership between Sapiens’ market-leading solutions and DataCrest’s AppEase platform will accelerate operational efficiencies for P&C insurers. The collaboration will enable DataCrest to better cater to its customers’ needs and empower them to develop more leading digital experiences, to increase efficiency, revenue, and hit ratios. Sapiens’ customers will reap many competitive advantages, including reduced sales cycles of about 80% by collecting apps data electronically, improved ease of business, more informed and faster decisions through analytics, removal of redundant data entry, and quicker quotes and indications.

“The collaboration between Sapiens and DataCrest promises a multitude of benefits for P&C insurers, including an advanced front-end solution designed to streamline applications/submission intake and boost efficiencies to improve underwriting decision making,” said DataCrest’s CEO Tom Young. “With DataCrest’s expertise and Sapiens’ cutting-edge solutions, this partnership aims to redefine industry standards by increasing the ease of doing business, driving premium growth, and lowering loss ratios.”

“Strategic partnerships between the right insurtechs and solution providers can play a crucial role in the future endeavors and achievements of today’s carriers,” said Gayle Herbkersman.

Head of North America P&C Insurance Platform Business Unit. “By working together, Sapiens and DataCrest can offer next-gen, cost-effective solutions to our customers while further expanding the boundaries of the insurtech revolution. DataCrest has proven to be a model partner and has shown great diligence in refining the integration of our two solutions. They have already forged valuable relationships with customers.”

About DataCrest

DataCrest is at the forefront of the insurance technology revolution, offering innovative solutions that empower P&C insurance providers. Their flagship product, AppEase, is a software-free management platform with customized dynamic applications, submission workflows, status, and communications. It streamlines renewal processes, enhances underwriting and broker personalization, and simplifies carrier application ingestion. With AppEase, insurance providers can reduce sales cycles by up to 80%, deliver secure applications with ease, and eliminate redundant data entry which helps cross sales.

To learn more about DataCrest, visit our website.

Media Contact:
Eric Hilkowitz
Strategic Partnership Manager
DataCrest
erich@mydatacrest.com

About Sapiens 

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. With more than 40 years of industry expertise, Sapiens’ cloud-based SaaS insurance platform offers pre-integrated, low-code capabilities across core, data, and digital domains to accelerate our customers’ digital transformation. Serving over 600 customers in more than 30 countries, Sapiens offers insurers across property and casualty, workers’ compensation, and life insurance markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit https://sapiens.com or follow us on LinkedIn.

Investor and Media Contact:
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations 
Sapiens International 
yaffa.cohen-ifrah@sapiens.com 

Forward-Looking Statements

Certain matters discussed in this press release that are incorporated herein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to pandemic risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the recent novel coronavirus pandemic, which adversely affected our results of operations, or fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.

While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our most recent Annual Report on Form 20-F, to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

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SOURCE Sapiens International Corporation

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Yearlong Celebration of the World Trade Bridge’s 25th Anniversary

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LAREDO, Texas, May 22, 2025 /PRNewswire/ — The City of Laredo is launching a yearlong celebration marking 25 years of the World Trade Bridge, a vital commercial gateway that transformed Laredo into the top-ranked inland port in the United States. Inaugurated on April 15, 2000, the World Trade Bridge has evolved from a solution to downtown congestion into one of the busiest commercial border crossings in the Western Hemisphere. Today, it processes more than 6 million trucks annually and moves over $339 billion in goods, surpassing major sea and land ports such as Los Angeles, Houston, and Chicago. “This bridge, which is the anchor of our port, represents the shared vision of two nations and two sister cities that, through strategic planning and joint investment, has transformed a region into a global logistics powerhouse,” said Laredo Mayor Dr. Víctor D. Treviño.

Ongoing Expansion to Boost Trade Capacity

On May 31, 2024, the president of the United States approved the City of Laredo’s request to expand the World Trade Bridge. The expansion project includes the construction of a new eight-lane bridge dedicated to northbound commercial traffic, along with additional lanes on the existing bridge for southbound traffic. Once completed, the project will enhance traffic flow, reduce congestion, and strengthen the port’s capacity to support the growing demands of international trade.

From Bottleneck to Binational Beacon

The bridge was conceived in the 1990s in response to NAFTA-era congestion in downtown Laredo. With support from both sides of the border, construction was completed in under two years, opening with eight commercial lanes — now expanded to fourteen. Port Laredo currently handles over 40% of all U.S.–Mexico land trade, with daily traffic ranging from 15,000 to 18,000 trucks carrying everything from automobiles and medical devices to fresh produce and electronics.

A Strategic Hub for the Americas

The World Trade Bridge has become a critical node for hemispheric trade, connecting not only Mexico and the United States but also facilitating commerce from Central and South America. Products from Colombia, Brazil, Peru, and other countries enter the U.S. through Mexican ports like Manzanillo and Veracruz before continuing north through Laredo.

Laredo: The New Standard for Nearshoring

As companies reconfigure global supply chains, Port Laredo’s secure, technology-driven infrastructure has positioned the city as a premier gateway for nearshoring and regional manufacturing integration. The 25th anniversary campaign will feature binational events, industry panels, and a regional trade summit later this year to highlight Laredo’s evolving role in global commerce.

For More Information

Stay updated on anniversary events, trade summits, and news by visiting www.portlaredo.com and subscribing to our newsletter.
Follow Port Laredo on social media:
Facebook: facebook.com/portlaredo
LinkedIn: linkedin.com/company/port-laredo

About Port Laredo

Port Laredo is the nation’s #1 inland port and a global leader in international trade. Located on the U.S.–Mexico border, the port serves as a critical logistics hub for North American and hemispheric commerce. With a strategic geographic position, advanced customs infrastructure, and multimodal connectivity, Port Laredo facilitates the movement of over $330 billion in goods annually and plays a vital role in strengthening regional economies and global supply chains.

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SOURCE Port Laredo, Texas

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Attain Partners Named 2025 Great Place to Work by Washingtonian Magazine

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Recognition highlights the firm’s purpose-driven culture and commitment to employee well-being

MCLEAN, Va., May 22, 2025 /PRNewswire/ — Attain Partners, a leading management and technology consulting firm, announced today that it has been named one of Washingtonian magazine’s 2025 Great Places to Work. This prestigious honor celebrates the Washington, DC region’s most inspiring companies and the people behind their winning cultures.

“Being named a Great Place to Work by the Washingtonian is a testament to our amazing team,” said Greg Baroni, CEO.

Selected from hundreds of submissions across the region, Attain Partners earned its place on the list following a rigorous evaluation process that included anonymous employee surveys and a comprehensive review of company benefits. The award underscores the firm’s steadfast commitment to fostering a purpose-driven and empowering work environment where team members feel valued, supported, and inspired.

“Being named a Great Place to Work by the Washingtonian is an incredible honor and a testament to our amazing team,” said Greg Baroni, Founder and CEO of Attain Partners. “We’ve built Attain Partners as a next-generation, built-to-last, and values-driven company. We know that our people are our greatest asset, and we strive to overdeliver as we take care of our team. This recognition is especially meaningful because it reflects the voices and sentiments of our team members.”

This award recognizes Attain Partners for its excellence in employee satisfaction, workplace culture, and people-first policies. Rooted in a foundation of integrity, collaboration, and innovation, the firm’s leadership fosters a culture in which team members can thrive and make a meaningful, positive impact on the public sector and beyond.

This accolade marks another milestone in Attain Partners’ continued growth and reinforces its reputation as an employer of choice within the consulting industry and the broader Washington, DC region.

About Attain Partners
Based in McLean, Va., Attain Partners is a leading management and technology consulting firm delivering services and solutions to advance client missions across the education, nonprofit, healthcare, and state and local government landscapes. For more information, please visit attainpartners.com.

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SOURCE Attain Partners

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Firstsource and Sanas partner to redefine customer conversations with AI

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MUMBAI, India, May 22, 2025 /PRNewswire/ — Firstsource Solutions Limited (NSE:FSL) (BSE:532809), a leading global provider of transformational solutions and services and an RP-Sanjiv Goenka Group company, has partnered with Sanas, provider of the world’s first real-time speech understanding platform, to enable next-level customer conversations powered by AI.  

Aligned with Firstsource’s UnBPO™ philosophy, the integration of Sanas’ Real-Time Accent Translation technology marks a strategic leap in AI-first customer experience. This seamless, speech-to-speech solution eliminates accent and language barriers—enhancing clarity, reducing cognitive strain, and empowering agents to connect with global customers more confidently and effectively. As AI moves from pilot to performance, early adopters are already seeing the impact—128% more likely to report high ROI from their AI tools in CX. By embedding intelligent, unobtrusive tech into day-to-day operations, Firstsource is unlocking scalable, measurable value—boosting agent productivity, strengthening conversations, and delivering next-gen CX outcomes at speed and scale.

“At Firstsource, we seek partnerships that reflect our commitment to smart, scalable transformation—solutions that deliver maximum impact with minimal friction, improving both experience and outcomes. Our collaboration with Sanas is a powerful expression of the UnBPO™ philosophy: leveraging intelligent, human-centric technology to elevate performance and ROI.

“The Customer Experience (CX) landscape is undergoing a fundamental shift—from cost efficiency to outcome-driven impact. With Sanas’ AI-powered Real-Time Accent Translation, we are enabling more inclusive, fluid customer conversations — irrespective of who the customer is — a consumer, a student, or a patient — without the need for hardware changes or system overhauls. It is an innovation that works in the background but transforms everything.

“This is the Future of Work in action—a seamless human-AI partnership where technology enhances connection, boosts responsiveness, and empowers agents to perform at their best,” said Ashish Chawla, President – CX and Consulting at Firstsource.

The technology is industry-agnostic, enabling a host of benefits for enhanced communication across diverse industries. Early implementations of this technology in other enterprises have demonstrated significant performance results:

17% average increase in sales efficiency21% improvement in Net Promoter Score (NPS) at a Fortune 20 global tech company18% average reduction in AHTZero instances of customers asking to speak with another agent22% average boost in Customer Satisfaction (CSAT)95% agent adoption rate

“We’re thrilled to partner with Firstsource to bring Sanas’ Real-Time Accent Translation technology to their global operations. This collaboration marks a major milestone in our mission to make communication more inclusive and effortless. Our groundbreaking AI technology, combined with Firstsource’s customer-first approach, enables contact center agents to have clearer, more effective conversations—regardless of accent or geography. Together, we are setting a new standard for exceptional agent and customer experiences alike,” said Sharath Keshava Narayana, CEO and co-founder, Sanas.ai.

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a global leader providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With a global footprint across US, UK, India, Philippines, Mexico, Romania, Turkey, Trinidad & Tobago, South Africa, and Australia, we ‘make it happen’ for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our inch-wide, mile-deep practitioners work collaboratively, leveraging UnBPO™ — our differentiated approach to reimagining traditional outsourcing — to deliver real-world, future-focused solutions that drive speed, scale, and smarter decision, turning transformation into tangible results for our clients.

(www.firstsource.com)

About Sanas

Sanas provides the world’s first Real-Time Speech Understanding Platform powered by its patented AI technologies. Born from a mission to power a kinder, more compassionate world, Sanas is pioneering a revolution in human connection by making global, real-time communication more inclusive. Today, Sanas offers Real-Time Accent Translation and Two-Way Noise Cancellation. Founded in 2020, Sanas is led by a team of exceptional co-founders, including CEO Sharath Keshava Narayana and CTO Shawn Zhang.

(Sanas.ai)

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