Insurance In-Focus: Sapiens Buys Harcase

(Comment on this article at http://www.financialwire.net/2010/04/30/insurance-in-focus-sapiens-buys-harcase/)

April 29, 2010 (FinancialWire) -- Sapiens International Corp. N.V. SPNS, a provider of insurance software, said that it has acquired Harcase Software, a provider of software solutions to the North American insurance industry.

According to Sapiens, the acquisition brings together Harcase's RapidSure policy administration solution for property and casualty carriers and Sapiens' experience, and track record in the insurance industry.

Harcase recently merged with Octello, an enterprise software and professional services provider.

The RapidSure suite supports commercial, personal and specialty line products.

Sapiens International is a provider of business solutions for the insurance industry. The company operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific.

Streaming Research for all companies mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate, courtesy of Stock Smart (at http://investrend.stocksmart.com/ss/html/hpcompany.html).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network's "FirstAlert(tm) Daily" (at http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

[hlmsmlh] [insrncnrs] [mrgrsacqstns] [tchnlgy] [infrntntchnlgy]

http://www.financialwire.net