Connect with us

Technology

Hollard Group Risk Goes Live with Sapiens Data and Analytics Solution to Complement Sapiens CoreSuite for Life & Pensions

Published

2 years ago

on

The implementation accelerates HGR’s complete core transformation for Life & Pensions

UXBRIDGE, England, Sept. 30, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that South Africa’s Hollard Group Risk (HGR), a division of Hollard Life Insurance Company Limited, has gone live with Sapiens DataSuite, to accelerate the complex migration of HGR’s business and align processes with Sapiens CoreSuite for Life & Pensions. DataSuite will support the transition period between the core system and HGR’s legacy system.

Sapiens DataSuite supports the complex launch of CoreSuite by producing actionable insights and automated, consolidated reports across HGR legacy system and CoreSuite system among all lines of business to deliver maximum business value. Among its many benefits, DataSuite empowers HGR with the ability to manage their data and reporting needs and seamlessly operate their business as usual during the migration from their legacy policy administration system. The solution provides HGR with a detailed suite of operational, claims, underwriting, financial, risk and actuarial reports. 

In addition, integrating DataSuite with HGR’s legacy policy administration system and CoreSuite significantly reduces the complexities of the migration process, which required complicated development of tailored reports and merging of reports across the legacy and CoreSuite systems. CoreSuite’s policy administration system includes the full range of group scheme processing including enrolment via file for bulks or manually for a single member, periodical payroll processing, premium payments, commission and binder fee calculations, renewal calculations, and claims. 

“The implementation of DataSuite propels our long and trusted relationship with Sapiens to a new level of partnership,” said Duran Chetty, HGR’s COO & CIO. “Sapiens CoreSuite for Life & Pensions is replacing our core legacy system to drive down operational costs and deliver automated, seamless user experiences for customers, alliance partners, and HGR staff. CoreSuite and DataSuite will also help accelerate our digital transformation objectives. Sapiens’ dedicated data solution and data warehouse have stepped in to handle our existing business volumes, while accommodating expected growth.”  

“Sapiens delivered HGR a complete transformation package to accelerate their market position and reduce the complexities of their reporting requirements,” said Roni Al-Dor, Sapiens President and CEO. “HGR’s launch of Sapiens CoreSuite was the first comprehensive group risk implementation in South Africa, and we are excited to see the continuation of this project with DataSuite and to accompany HGR as they expand.”  

Sapiens CoreSuite for Life & Pensions is a software solution for end-to-end core operations and processes. An award-winning policy administration system, it supports individual and group products across life, health, wealth & retirement.  

Sapiens DataSuite is a data management solution that empowers insurers to transform their data into actionable insights to maximize the value of their data. DataSuite is a modular, highly innovative business intelligence solution specifically for insurance markets. 

About Hollard Group Risk (HGR)  

Hollard Group Risk (HGR) is a division of Hollard Life Insurance Company Limited. HGR is an independent specialist risk manager that provides a comprehensive range of flexible risk benefit solutions to employer and affinity groups, both locally and internationally. For more information, visit https://hollardgrouprisk.com/ 

About Sapiens  

Sapiens International Corporation (NASDAQ and 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   

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

Forward Looking Statements 

Certain matters discussed in this press release that are incorporated herein and therein 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 certain 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; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; 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 coronavirus epidemic,  and 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 Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order 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. 

Logo: https://mma.prnewswire.com/media/585787/4595037/Sapiens_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/hollard-group-risk-goes-live-with-sapiens-data-and-analytics-solution-to-complement-sapiens-coresuite-for-life–pensions-302262501.html

SOURCE Sapiens International Corporation

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

PropAccount.com Adds Equities to Its Multi-Asset Prop Firm Platform, Opening the Door to the World’s Largest Trading Market

Published

27 minutes ago

on

April 20, 2026

By

White-label prop firm operators can now offer equities alongside forex, futures, and crypto, all inside one tech stack, at no additional cost.

BOCA RATON, Fla., April 20, 2026 /PRNewswire/ — PropAccount.com, which is powered by FPFX Tech, and operates as the world’s largest white-label prop firm provider, has announced the addition of equities trading to its offering, bringing the world’s largest financial market within reach of every prop firm operator on its network.

With equities now supported inside the PropAccount.com ecosystem, white-label partners can offer equities trading challenges in single-session and swing-trading varieties.

One Platform. Four Asset Classes.

PropAccount.com is recognized as one of the prop trading industry’s most comprehensive infrastructure solutions, supporting forex, futures, and crypto across leading platforms, including DXtrade, Match-Trader, cTrader, Rithmic, and Tradovate. The addition of equities completes the grand slam of assets.

For existing PropAccount.com partners, equities trading slots directly into the same infrastructure that already handles trader onboarding, challenges, automated risk rules, account management, KYC, and payments. There is nothing new to configure, no new vendor to manage, and no new cost to absorb.

For new operators entering the industry, the launch path is equally direct. PropAccount’s white-label model allows operators to go live in as little as seven days, with equities available alongside the full suite of supported markets.

A Market Too Large to Ignore

According to the Securities Industry and Financial Markets Association, U.S. equity market capitalization was at $68.2 trillion at year-end 2025, with daily trading volume averaging a record 18.6 billion shares. The numbers speak for themselves. Millions of traders worldwide focus on equities as a core part of their strategy, and the prop firm ecosystem has not offered this asset class – until now. PropAccount.com’s expansion into equities allows operators to reach this audience directly, building programs designed specifically for traders without fragmenting their existing infrastructure.

Wider Audience for Operators

For operators, the practical opportunity is audience expansion. Many equities traders have never engaged with a prop firm because no prop firm has spoken to them. Equities support on PropAccount.com changes that calculus, giving operators a direct path to a segment of the trading community that has largely been left out of the prop firm model.

The PropAccount platform handles risk monitoring, drawdown controls, scaling rules, automated payouts, trader dashboards, CRM, affiliate systems, and KYC: every operational layer required to run a professional prop firm. Adding a fourth asset class to that foundation required no new architecture. It was built to support it.

“Equities are the largest traded market in the world, and traders have been underserved by the retail prop industry for too long. Adding equities to our tech stack means our operators can now reach this audience directly with the equities they trade, without forcing them to adjust to equity CFDs.” – Justin Hertzberg, CEO of PropAccount.com

About PropAccount.com

PropAccount.com is the white-label prop firm infrastructure provider powered by FPFX Tech, the leader in prop trading technology. The platform enables entrepreneurs, trading educators, influencers, and IBs to launch fully branded prop firms in as little as seven days, using enterprise-grade technology covering trading platforms, risk tools, payments, KYC, affiliate systems, trader dashboards, and capital backing.

Contact:
Scott
***@propaccount.com

Photo(s):
https://www.prlog.org/13140490

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/propaccountcom-adds-equities-to-its-multi-asset-prop-firm-platform-opening-the-door-to-the-worlds-largest-trading-market-302747650.html

SOURCE Propaccount.com

Continue Reading

Technology

Health Karma Launches PersonalCare Bundles to Address America’s Underinsured Crisis, Unlocking Immediate Revenue Opportunity

Published

27 minutes ago

on

April 20, 2026

By

LEESBURG, Fla., April 20, 2026 /PRNewswire-PRWeb/ — Health Karma Inc., a leader in proactive well-being and behavioral health solutions, today announced the national rollout of its Health Karma PersonalCare™ Bundles, a new product line designed to meet the urgent healthcare access needs of millions of uninsured and underinsured Americans – particularly independent contractors, part-time, and hourly workers.

Developed over the past two years and fully integrated into Health Karma’s proprietary mobile platform, the PersonalCare Bundles represent a scalable, direct-to-consumer healthcare access solution that is already gaining rapid traction across broker networks nationwide.

A Massive, Underserved Market – The launch comes at a critical time in the U.S. healthcare landscape:

Nearly 23% of working-age adults are underinsured, facing high deductibles and out-of-pocket costsApproximately 24 million Americans remain completely uninsuredMillions more experience gaps in coverage annuallyAverage deductibles now exceed $4,000, with marketplace plans reaching as high as $7,400+

These realities leave a significant portion of the workforce, especially gig workers and part-time employees, effectively locked out of timely, affordable care.

“We Are Not Insurance — We Are Access”:

Health Karma’s PersonalCare Bundles are not insurance products. Instead, they provide immediate, affordable access to healthcare services through a simple, app-based experience. Users can connect 24/7 with licensed physicians, Master’s-level behavioral health clinicians, receive diagnoses, and obtain prescriptions often at zero out-of-pocket cost within hours. One early user shared their experience after enrolling through a broker partner: “I had a severe breakout and couldn’t reach my primary doctor. Through the app, I spoke with a physician within an hour, received a prescription, and paid $0 for both the consultation and medication. The entire process took less than two hours and solved my problem completely.”

Immediate Revenue, Proven Demand – Health Karma reports strong early validation of the product:

Zero pushback from broker distribution channelsInitial pilot groups saw 127 immediate sign-upsNationwide rollout underway through thousands of insurance brokers and independent agentsAll bundles, even the entry-level bundles, generate significant and sustainable recurring revenue for Health Karma

With a growing network of over 100 experienced brokers ready to deploy, the Company anticipates rapid expansion in the coming quarters.

Flexible Distribution Model – The PersonalCare Bundles are uniquely positioned for mass adoption:

Available direct-to-consumer without employer sponsorshipNo requirement for licensed insurance agents to sellEasily deployable for employers via simple group enrollment and monthly billingAccessible across mobile, tablet, and desktop, with a seamless app-based interface

Part of a Broader Growth Strategy – This launch complements Health Karma’s expanding footprint across multiple high-impact verticals, including:

UniversitiesHealthcare and health benefit providersJustice-Impacted Reentry ProgramsFirst Responders and VeteransNative American tribal healthcare programsWorkplace violence response programsWorkers’ compensation solutions

Technology-Driven Expansion:

To accelerate adoption, Health Karma is preparing a 90-day rollout strategy leveraging advanced AI, SEO, and targeted digital marketing to reach high-need populations such as small business owners, gig economy workers, and uninsured individuals.

Executive Commentary:

Travis H. Jackson, CEO of Health Karma, stated: “This is one of the most important products we’ve developed. It directly addresses a massive and growing gap in the U.S. healthcare system. The demand is immediate, the feedback has been overwhelmingly positive, and the revenue potential is significant. We are moving aggressively to scale distribution and ensure this solution reaches the millions of people who need it most.”

About Health Karma Inc.

Health Karma Inc. delivers proactive well-being, behavioral health, and injury triage solutions through its innovative “1st Moment” model providing immediate, comprehensive support whenever and wherever individuals need care. By combining technology, accessibility, and real-time intervention, Health Karma is redefining how healthcare is delivered across both public and private sectors.

Learn more: www.HealthKarmaGroup.com

Media Contact: IR@healthkarmagroup.com

Media Contact

Robert Hood, Health Karma Inc, 1 9406342860, bob@healthkarmagroup.com, https://www.healthkarmagroup.com/ 

View original content:https://www.prweb.com/releases/health-karma-launches-personalcare-bundles-to-address-americas-underinsured-crisis-unlocking-immediate-revenue-opportunity-302746750.html

SOURCE Health Karma Inc

Continue Reading

Technology

V2X to Announce First Quarter 2026 Financial Results

Published

27 minutes ago

on

April 20, 2026

By

RESTON, Va., April 20, 2026 /PRNewswire/ — V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report first quarter 2026 financial results on Monday, May 4, 2026, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.

U.S.-based participants may dial in to the conference call at 877-300-8521, while international participants may dial 412-317-6026. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.webinar.net/Q291YZzYJpN and on the Investors section of the V2X website at https://gov2x.com/.

A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through May 18, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10208314.  

About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Investor Contact 
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Media Contact 
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-to-announce-first-quarter-2026-financial-results-302747820.html

SOURCE V2X, Inc.

Continue Reading

Trending