April 27, 2015 | Sapiens has announced it will provide Tennessee Farmers Life Insurance Company with its flagship policy administration system. Sources in the FinTech industry tell NoCamels the deal is valued at $8 million. Headed by Roni Al-Dor, Sapiens is traded both on NASDAQ and on the Tel Aviv Stock Exchange. Founded in 1982 by Tsvi Misinai, Sapiens develops computer software solutions for the insurance industry.
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