Sapiens acquires AdvantageGo

Sapiens announced it has signed a definitive agreement to acquire AdvantageGo , a commercial insurance software provider specializing in underwriting workbench solutions for the London and global commercial markets.

The deal, valued at £43 million (approximately $53 million USD), expands Sapiens’ P&C platform capabilities, enhancing its offering across commercial, specialty, and reinsurance lines globally, including a strategic push into the London Specialty Market.

AdvantageGo’s underwriting workbench will be integrated into Sapiens’ P&C Insurance Platform and also offered as a standalone solution. AdvantageGo reported £15 million in revenue for 2024, with about 50% from recurring sources. The business posted a £9 million loss last year but is expected to achieve double-digit growth in 2026 and contribute to Sapiens’ profitability by 2027.

The transaction is structured as an all-cash deal and is expected to close in the coming weeks.