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Former StoneRiver CEO Takes Post at Sapiens

The new appointment will integrate and drive Sapiens’ global P&C/General Insurance and Reinsurance product and services business.

Software solutions provider Sapiens International Corporation has announced the appointment of Gary Sherne as EVP and managing director of its P&C/General Insurance and Reinsurance Division. He will drive the sector’s product and services business.

Sherne joins Sapiens with extensive experience in financial services, insurance technology, mergers and acquisitions, and international management. He served as president and CEO of StoneRiver, Inc., where he led the strategy and management of its P&C and Life carrier markets until October 2012; since then, he'd been working as a consultant.

Sherne also held the positions of president at FiServ Insurance Solutions, president and CEO of InsureWorx, and vice president and general manager of CSC and TRW Financial Services.

Yoel Amir, who served as IDIT CEO since 2005 and led the P&C insurance division since its merger with Sapiens, will leave his position to pursue opportunities outside Sapiens.

“Gary is an outstanding addition to our team and comes to us at the ideal time as we look to more aggressively enhance our product suite and market to the global P&C Insurance and Reinsurance markets,” says Roni Al-Dor, Sapiens president and CEO. “Gary’s experience in insurance, technology, global markets, and mergers and acquisitions will be a tremendous help to us as we continue to drive the Sapiens growth and vision.”

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Kelly Sheridan is the Staff Editor at Dark Reading, where she focuses on cybersecurity news and analysis. She is a business technology journalist who previously reported for InformationWeek, where she covered Microsoft, and Insurance & Technology, where she covered financial ... View Full Bio

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