England May 23, 2012
Lancashire August 2011
Through Guardian Financial Services, Cinven is equipped with an attractive entry point into the UK closed life market and a strong platform from which to execute a consolidation strategy for the sector. The fragmented nature of the life insurance market coupled with the ongoing pressure that the industry is facing is set to drive continued consolidation in the market.
About Sapiens International
North America United Kingdom Asia Pacific
Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company’s accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company’s SEC filings.
SOURCE Sapiens International Corporation N.V.