The insurer is accused of inflating patient care levels in its MassHealth Senior Care Options plan to secure larger payments.
The policies included in the transaction carry a total face value of close to $16bn.
Sapiens said the London site is expected to support recruitment of AI specialists as it expands its forward deployment group.
Corgi said the fresh capital will be used to expand its full-stack insurance platform and support its move into additional segments of the commercial insurance market.
