EMC Insurance Companies

Core Insurance, Claims

Zywave | October 06, 2022

Leading insurtech provider, Zywave, today announced the results of a commissioned Total Economic Impact™ (TEI) study, conducted by Forrester Consulting, which revealed a 160% three-year return on investment (ROI) for a composite enterprise that deployed Zywave solutions, and a total of $6.68 million in three-year benefits. In the study, Forrester interviewed seven representatives at six organizations with experience using Zywave solutions to obtain data with respect to costs...

Sun Life | January 28, 2020

The asset management arm of insurance giant Sun Life Financial is planning its first middle-market private debt acquisition, according to a Reuters report. The newswire suggests that the move is part of a strategy of aiming to expand into higher-yielding investments. Randy Brown, head of insurance asset management at SLC Management, told Reuters that the firm will focus on higher-quality middle-market issuers with “strong covenant protection” and could also reallocate risk from elsew...

Core Insurance

Relation Insurance Services | November 17, 2022

Relation Insurance Services, Inc. (“Relation”) acquired the assets of Garrity Insurance (“Garrity”). The transaction went into effect on November 1, 2022; terms of the transaction were not disclosed. “We joined Relation knowing that this partnership would enable us to better serve our customers, Partnering with Relation will allow us to tap into great resources of specialized expertise and a broad network of carrier relationships to trul...

Business Wire | October 16, 2020

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the general availability of the version 11 R2 for the market-leading Majesco L&A & Group Core Suite Insurance Software, including Majesco Policy for L&A and Group, Majesco Billing for L&A and Group and Majesco Claims for L&A and Group. Nearly every insurance company is talking about transforming their business, recognizing the significant need to improve, both ...