The go-live powers Hiscox with operational excellence and business growth
UXBRIDGE, England, March 12, 2025 -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Hiscox, a leading insurer of tailored solutions for both businesses and high-net-worth private clients, has gone live with Sapiens Insurance Platform, now fully deployed on the Sapiens Cloud. The strategic go-live underscores Hiscox's commitment to enhancing business performance, resilience, and customer satisfaction.
A Sapiens' partner since 2014, Hiscox UK embarked on the strategic migration of Sapiens Insurance Platform from their Microsoft Azure installation and operation to the Sapiens Cloud. The move marks a pivotal alignment with their long-term business objectives, enabling a significant boost in application efficiency and technological agility.
By migrating to Sapiens' latest cloud-native architecture, powered by Kubernetes, Hiscox UK immediately realised an average 30% improvement in application speed. This has translated into improved operational productivity, and more consistent service delivery.
Benefiting from Sapiens' R&D investments, Hiscox can now leverage a modern API layer, providing improved integration opportunities with best-of-breed solutions for rating, rules, and document management, plus extended digital trading capabilities. This ecosystem allows Hiscox to deliver enhanced, agile services across market-leading offerings for commercial lines and private clients with significant assets.
"Sapiens Insurance Platform is pivotal to Hiscox's continued growth, enabling us to create a connected ecosystem with the best technologies available to help deliver our strategic goals" said Ian Wrigglesworth, Hiscox CTO. "By wrapping two years of new features into a single update, the Sapiens' go-live has helped strengthen the operational foundations of our business, which is fundamental to our strategy for growth."
"Our long-term partnership with Hiscox exemplifies Sapiens' commitment to delivering tangible business benefits through a high-performance, resilient platform," said Roni Al-Dor, Sapiens President and CEO. "By migrating to the Sapiens Cloud with Sapiens Insurance Platform, we not only empower Hiscox with cutting-edge technology but also provide a robust foundation for continuous innovation and sustainable growth."
Sapiens Insurance Platform is an AI-based, open, integrated platform that accelerates adoption, delivers sustained value, and empowers insurers to grow, modernise and optimise.
About The Hiscox Group
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE: HSX). Our ambition is to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.
The Hiscox Group employs over 3,000 people in 13 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance products in commercial and personal lines. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS.
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.
About Sapiens
Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens' robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers' compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.
For more information visit https://sapiens.com or follow us on LinkedIn.
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