Sapiens, Atidot | April 22, 2021
Sapiens International Corporation, a main worldwide supplier of programming answers for the protection business, reported today a concurrence with Atidot, a cloud-based SaaS supplier of AI and AI answers forever and annuity backup plans. The association works with new ways for North American and European safety net providers to produce income through examination and noteworthy bits of knowledge.
The joint arrangement enables life and annuity safety net providers to boost the worth they acquire from their books of business. The arrangement produces significant experiences empowering better assistance for policyholders and new income age as it is coordinated with Sapiens CoreSuite for Life Insurance, Sapiens IllustrationPro, just as Sapiens' examination and advanced contribution.
"Sapiens continually means to mine innovations and give best in class answers for its client base and adds esteem through a broad environment of insurtech new companies. Coordinating Atidot's AI and prescient investigation stage with our center set-up of items empowers life backup plans to improve productivity and offer better assistance to their clients," said Roni Al-Dor, Sapiens president and CEO.
Established by a group of information researchers and veteran statisticians, Atidot offers a cloud-based stage that gives information-driven bits of knowledge to advise dynamic, drive new business methodologies, and make new income streams utilizing AI, AI prescient examination innovation. Atidot works with driving Tier 1 disaster protection organizations in North America and Europe and was chosen in 2020 by Gartner as "Cool Vendor 2019 in Insurance."
"We are eager to collaborate with Sapiens to empower clients to push ahead to the information time. Atidot carries problematic development to the life coverage industry, giving a stage that will help improve productivity and personalization of arrangements and adopt a proactive strategy to chance decrease," said Dror Katzav, Atidot Co-Founder and CEO.
Together, Sapiens and Atidot offer a one-of-a-kind programming arrangement that is dynamic, constant, and prepared with industry information. The joint stage use outside information and AI abilities to give business experiences a long way past those that conventional investigation techniques utilizing static demonstrating can show. The arrangement applies to associations' advertising, dispersion, item, and information offices.
Sapiens CoreSuite Life Insurance works with computerized change and quick an ideal opportunity to-an incentive for advanced systems. It empowers life transporters to become drawn in, coordinated associations with expanded deals openings. By incorporating CoreSuite with Sapiens progressed examination arrangement and information stockroom, guarantors can rapidly create significant experiences, self-administration business insight, and information revelation capacities, across every cell phone, remembering for the cloud.
Atidot is a pioneer in the prescient examination, computerized reasoning, and AI answers for the life coverage and annuity industry. Atidot's cloud-based stage gives safety net providers information-driven, significant bits of knowledge that set out new income-producing open doors to expand deals and client maintenance. Atidot arrangements likewise give a profound comprehension of backup plans' item situating and serious scene, empowering transporters to change their item technique and respond rapidly to changing economic situations and rivalry. Atidot works with Tier 1 industry pioneers in North America and Europe and was chosen by Gartner to be "Cool Vendor 2019 in Insurance." The organization has workplaces in California, London, Spain, and Israel.
Sapiens International Corporation engages backup plans to prevail in a developing industry. The organization offers computerized programming stages, arrangements, and administrations for the property and loss, life, benefits and annuity, reinsurance, monetary and consistency, laborers' pay, and monetary business sectors. With over 35 years of involvement conveying to more than 600 associations around the world, Sapiens has a demonstrated capacity to fulfill clients' center, information, and advanced prerequisites.
Gallagher | June 28, 2022
Arthur J. Gallagher & Co. announced today the acquisition of INNOVU Group Holding Company Limited, based in Wexford, Ireland ("INNOVU Insurance"). The transaction's terms were not disclosed.
INNOVU Insurance, founded in 2018 by Ronan Foley, is a retail insurance broker that provides a wide range of commercial and personal insurance products and services, as well as financial services, to clients in various industry sectors from seven offices across Ireland. Ronan Foley and his colleagues will remain in their current locations and report to Michael Rea, who oversees Gallagher's retail property and casualty brokerage operations in the UK and Ireland.
INNOVU gives us our first on-the-ground presence in Ireland and a fantastic opportunity to expand in this growing economic region, We are delighted to welcome Ronan and his colleagues, and look forward to working with them to further expand their client base and service offerings."
J. Patrick Gallagher, Jr., Chairman, President, and CEO.
The headquarters of Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management, and consulting services firm, are in Rolling Meadows, Illinois. Gallagher offers these services in 130 countries via its operations and a network of correspondent brokers and consultants.
FCCI Insurance | March 11, 2022
FCCI Insurance Group announces its partnership with the Michigan Manufacturers Association (MMA) to offer the members of MMA commercial products and services. The designated and eligible MMA members will access local, designated insurance services, risk control options, and other expertise functionalities. In addition to it, FCCI also promises to offer manufacturers' educational seminars, FCCI Employers EdgeSM, online risk management resources, and online resources providing HR management and employment law information. FCCI's Manufacturers Premier Program thus will feature a group dividend plan based on the combined loss experience of participating MMA members.
The Michigan Manufacturers Association is the state's leading advocate. It focuses on securing a prosperous future for Michigan manufacturers through multiple capabilities such as meaningful education provision, effective advocacy, and strategic business services. MMA was established in 1902. it represents the interests and needs of more than 1,700 member companies. The companies range from small manufacturers to the world's most well-known corporations.
We're thrilled to announce this partnership with FCCI. The Michigan Manufacturers Association strives to provide only the best business programs for our members. We’re proud to add FCCI to our growing high-value member benefits and partnerships list.
John J. Walsh, MMA president & CEO.
FCCI has been offering commercial property and casualty insurance since 1959. It has also provided insurance coverages and services to many businesses worldwide. FCCI is evaluated at $2.5 billion in total assets and can be trusted by every client and company.
FCCI has always supported association programs that recognize the valuable associations for their members and the contributions of skilled workers in the manufacturing industry. FCCI also provides a broad scope of insurance coverages to more than 3,000 manufacturers. Doing this enables manufacturing companies to understand the needs and unique exposures significantly.
We appreciate the confidence that MMA has placed in FCCI. In collaborating with FCCI as its commercial insurance partner, MMA has ensured its members are entrusted to a carrier to meet their needs. We pledge to uphold that trust and look forward to bringing our coverages and service to MMA members.
Greg Kramer, senior vice president for FCCI's Midwest Region.