Major International Insurtech Company bolttech Selects Sapiens for Complete P&C Core Transformation

Avi Shekhtman

December 8, 2022

Sapiens IDITSuite’s cloud-native architecture will digitalize current paper-based processes

Holon, Israel, December 8, 2022Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C core platform IDITSuite, in addition to the Data Analytics platform Sapiens Intelligence, with bolttech, a major international insurtech.

bolttech’s legacy systems for its Hong Kong general insurance operations are being replaced by the Sapiens solution to provide greater automation and standardization, and globally available oversight on policies, risk exposures, and data. The transition to a cloud-native architecture is intended to decrease their annual infrastructure total cost of ownership (TCO) and improve their scalability and performance.

Sapiens Intelligence will provide an enterprise-wide consolidated view of the organization’s data for analytical reporting and predictive modeling to support more accurate underwriting.

“As an international and fast-growing insurtech, we have been focused on ensuring our Hong Kong business continues to be competitive in a rapidly evolving landscape,” said Alister Musgrave, General Manager, Hong Kong for bolttech. “We found that Sapiens was the ideal partner to scale and evolve the digitalization of our back-end systems.”

In addition to the core transformation and data analytics, Sapiens is providing bolttech with Cloud & Operations on all layers (Cloud Hosting and Application Management) as well as the Sapiens API Conductor (ACE). The latter will enable bolttech to launch easy-to-consume digital APIs for its digital portals and ecosystem.

“We are excited to embark on this new challenge alongside bolttech,” said Roni Al-Dor, Sapiens president and CEO. “We look forward to working together to ensure that bolttech’s Hong Kong business has all the digital tools it needs to stay ahead of the curve. In addition, it is always gratifying to enter a new market, and meeting Hong Kong’s regulatory landscape will be a worthwhile effort on our part.”

Sapiens IDITSuite is a component-based, core software solution for end-to-end core operations and processes. An award-winning Policy Administration System, it supports personal and commercial lines of business from acquisition, billing, claim, and renewal.

About bolttech

bolttech is an international insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 30 markets across North America, Asia, and Europe.  With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products. For more information, please visit

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by more than 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers’ digital transformation. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers’ compensation, and life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit or follow us on LinkedIn.

Media Contact

Tally Kaplan Porat
Corporate Marketing Director, Sapiens

Investor’s Contact

Dina Vince
Head of Investor Relations, Sapiens

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