Sapiens' AdvantageGo Unveils Underwriting Workbench 3.0 to Redefine Underwriting as an Intelligent Business Platform

AdvantageGo, a Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a global leader in intelligent SaaS-based software solutions, has announced the launch of the new version of its Underwriting Workbench, which is expected to strengthen the company's presence in property & casualty (P&C) markets in EMEA and North America. Version 3.0 transforms the workbench from traditional pre-bind underwriting software into a comprehensive, intelligent business management solution that supports the needs of key stakeholders across the insurance value chain. This equips underwriters with proactive, portfolio-driven decision intelligence for optimal risk selection. This major release represents a paradigm shift in how global specialty insurers approach underwriting, portfolio management, and operational efficiency. "We've reimagined the entire underwriting process with Underwriting Workbench v3.0, moving beyond linear workflows and basic administration, to create a truly intelligent system that adapts to how underwriters actually work," said Lee Williams, Vice President of the AdvantageGo business unit. "This will drive unprecedented collaboration across the insurer hierarchy, powered by sophisticated decision intelligence capabilities." "The insurance industry has long been constrained by legacy systems that force underwriters into rigid processes," added Williams. "Underwriting Workbench v3.0 recognizes that modern underwriting requires flexibility, intelligence, and collaboration. We've built a platform that works the way underwriters think." Building on AdvantageGo's proven success in the London Market, the release of Underwriting Workbench v3.0 marks a strategic expansion into North America. By tailoring its capabilities to the unique demands of the U.S. and Canadian P&C sectors, the platform delivers tangible benefits in underwriting digitization, modernization, and data-driven insights. Key features and benefits include:

• Non-linear workflow architecture

The new platform allows underwriters to navigate cases dynamically, to reduce bottlenecks and improve decision-making.

• Seamless Collaboration and Integration

Deep integration with Microsoft Outlook and Microsoft Teams transforms how underwriting teams collaborate. Real-time document sharing, automated notifications, and embedded workflow discussions ensure all stakeholders remain aligned.

• Real-Time, Customizable Analytics

Advanced analytics capabilities deliver instant insights tailored to individual roles and responsibilities. Users can create personalized experiences that track key performance indicators, risk exposures, and market trends relevant to their specific focus areas.

• Dedicated User Interfaces

The workbench introduces four new modes: Action, Performance, Manager, and Admin. Each mode provides a dedicated user interface and experience optimized for operations and IT, C-suite, senior underwriters and assistant underwriters. Manager mode brings integrated data insights into one place, enabling focused portfolio management, appetite building, and strategic decision-making.

• AI Insights and Operational Excellence

Advanced analytics and real-time insights empower underwriters to make faster, more informed decisions, backed by comprehensive data. Non-linear workflows and intelligent automation reduce manual processes, eliminate redundancies, and accelerate time-to-decision.