HOCHTIEF Aktiengesellschaft (HOCFF)

Builders Insurance Holdings S.A Selects Sapiens to Modernize its Core and Accelerate its Growth Plans

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Builders Insurance Holdings S.A, a leading global provider of P&C insurance and reinsurance services based in Luxembourg, is transforming its legacy system with Sapiens' end-to-end core solution.