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Intellectual Property
Milliman | November 18, 2021
Milliman, Inc., a premier global consulting and actuarial firm, announced that it has released the latest version of its Arius® insurtech solutions, a family of state-of-the-art reserve analysis systems for property and casualty insurers. This update provides significant enhancements to the systems' analytical, reporting, and data management tools. This release provides tools to help actuaries and insurance analysts more easily build and share statistical exhibits among mu...
Life Insurance
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...
Claims
Majesco | August 31, 2021
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption by life insurers in 2020 continued uninterrupted despite COVID-19. North American life insurance CIOs can use this ...
Core Insurance
Westfield | December 30, 2021
Wright National Flood Insurance Company, the nation's leading provider of federal flood insurance, has announced an agreement to acquire the flood insurance policy book from Westfield Insurance Company ("Westfield"). Wright Flood will service, administer and issue flood coverage under the National Flood Insurance Program for Westfield policyholders and agents. Additionally, Wright will also assume the servicing of Westfield's private flood business. ...
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