Amid reports of a pick up in M&A activity expected this year came news today that Sapiens International Corp. N.V., a global provider of insurance software solutions, acquired Harcase Software, a provider of software solutions to the North American insurance industry. The acquisition merges Harcase’s RapidSure Policy Administration Solution for P&C carriers and Sapiens’ experience, expertise and proven track record in the insurance industry, the companies say. Harcase had recently merged with Octello, an enterprise software and professional services provider.
With the acquisition of Harcase, Sapiens has taken a step toward expanding its market share in the insurance software industry. Focusing on establishing a stronger footprint in the North American market, Sapiens says its goal is to become a global market leader, delivering high-quality insurance software solutions.
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