technology
Sapiens International Sets Up London Headquarters to Expand AI Insurance Tools
Private equity-backed Sapiens International is establishing a London headquarters. The company plans to use artificial intelligence to automate portions of insurance work. Abu Dhabi holds a stake in the firm.
May 30, 11:55 AM·1m read1 source
The TimesAudio version
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Sapiens International is opening a London headquarters. The private equity-backed company stated that the office will focus on developing artificial intelligence tools for the insurance sector. The move places the firm in a major financial center.
Officials said the location will support efforts to automate sections of insurance processing and administration. Abu Dhabi maintains a stake in Sapiens International. The company did not disclose the size of the investment or specific timelines for the headquarters launch.
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