Sapiens International Corporation (NASDAQ:SPNS), a global software provider for the insurance industry, announced today that S&P Global Ma’alot has reaffirmed its long-term corporate rating as "ilAA-" with a stable outlook.

Additionally, Sapiens' Series B Debentures, traded on the Tel Aviv Stock Exchange, have also retained their "ilAA-" rating.

These ratings remain unchanged from those assigned in July 2023.