Key facts
- Sapiens International Corporation N.V. has a new investor, Abu Dhabi Investment Authority (ADIA).
- The investment follows Sapiens' acquisition by Advent International last year.
- The funds will accelerate Sapiens' AI strategy for the insurance sector.
- Sapiens is launching global AI Customer Experience Labs.
- Sapiens is shifting its base to London.
Sapiens, a provider of software for the insurance industry, has secured new investment from the Abu Dhabi Investment Authority (ADIA). This capital injection comes after Sapiens was acquired by Advent International last year and is intended to fuel the company's expansion of its artificial intelligence capabilities and customer experience initiatives within the insurance sector. The company is also strategically shifting its base to London.