Merged and Purged, Sapiens Readies Next Growth Spurt

The maker of software for insurers has boosted its sales fivefold in four years. Armed with cash from a planned share offering, it aims to grow more.

If you ask anyone in the global capital market to identify the most disturbing trend of recent years, the answer would surely be: excess government regulation. But there are those who are enjoying the ever-tightening web of red tape. One of them is Sapiens International, the Israeli company that provides software solutions for insurance companies to cope with constantly changing rules and requirements.