Sapiens International Corp. NV (Nasdaq:SPNS) and a member of the Formula Group (NASDAQ:FORTY), announced today that LB Group Denmark has selected Sapiens' Insight for Reinsurance solution to manage its reinsurance programs, and enhance risk control in line with Solvency II directive.

Sapiens International Corporation N.V. provides software solutions for the insurance industry. The company offers solutions for the property and casualty, and life and pension markets.

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