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"Sapiens has implemented a growth strategy that incorporates acquisitions to accelerate our business," Roni Al-Dor, president and CEO at Sapiens, said in a statement. (Photo: Sapiens International Corporation) “Sapiens has implemented a growth strategy that incorporates acquisitions to accelerate our business,” Roni Al-Dor, president and CEO at Sapiens, said in a statement. (Photo: Sapiens International Corporation)

Sapiens International Corporation, a provider of software solutions for the insurance industry, acquired sum.cumo, a Germany-based technology provider that offers consumer-centric solutions mainly to the insurance to the insurance sector, for up to €28.4 million (approximately $31.6 million USD).

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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