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Note: The acquisition brings Sapiens Harcase's RapidSure policy administration suite and customer base, as well as the software and service capabilities of Octello, Harcase's sales and implementation partner, with whom the company merged earlier this year.
Sapiens International (Cary, N.C.) has acquired Harcase Software (Mississauga, Ontario), a provider of software solutions to the property/casualty insurance industry. Sapiens characterizes the acquisition as representative of its strategy to establish a stronger footprint in North America. Harcase, is the vendor of RapidSure suite, a policy administration solution that supports commercial, personal...