Sapiens launches a new AIbased Sapiens Decision automated logic extraction solution

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 Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, launched today its new Artificial Intelligence (AI) based Sapiens Decision Automated Logic Extraction (ALE) solution. Sapiens Decision ALE introduces a ground-breaking approach for insurance carriers' digital transformation. This is done by automatically extracting business logic from legacy systems at scale without disruption, reduced performance, or loss of functionality.

ALE is technology agnostic and enables seamless, accelerated transformation projects and legacy system upgrades. Legacy business logic is extracted and transformed through ALE to decision models for ongoing management in Sapiens Decision Manager where gaps, overlaps, and conflicts are automatically identified thereby reducing risk and rework. With robust governance and auditability, decision models are auto-generated to code and available as a service for use across an organization's applications. Carriers can now eliminate the inevitable accumulation of technical debt associated with trying to manage business logic in code.

"Top insurance carrier deployments have demonstrated operational and transformation benefits with cost savings of up to 50% of the total project cost," said Jamie Yoder, President of Sapiens North America. "Sapiens Decision ALE enables seamless insurance digital transformation from legacy systems to any digital platform. The insurance industry is in for a big change."