Chris McMahon
Senior EditorChris McMahon was Senior Editor for Insurance Networking News.
Chris McMahon was Senior Editor for Insurance Networking News.
Insurance broking and risk management firm Marsh has agreed to acquire Dovetail Insurance, provider of insurance technology services for the U.S. small-commercial market. Terms were not disclosed.
Private equity investment firm Thoma Bravo LLC has acquired the provider of cloud-based straight-through processing technology for an undisclosed sum.
United Frontier now will offer agencies access to commercial business owners policy, direct bill commission statement, homeowners and dwelling fire download services.
Petersmark has nearly 35 years experience as an information technology professional and executive in the insurance industry.
The insurer will implement the Accenture Life Insurance & Annuity Platform and Actuarial Calculation Engine.
Insurer will implement Pixel, a competitive intelligence tool for P&C insurers, as well as Milliman's proprietary market baskets, Milliman said.
SSP, provider of insurance technology in the UK, and Capgemini, a consulting, technology and outsourcing services company, have partnered to help insurers replace legacy systems and accelerate their digital ambitions, the companies said.
To improve the customer experience, the multiline insurer will use PolicyCenter and Rating Management to integrate disparate underwriting and policy admin systems.
Combining the operations of two insurance giants likely would require months of research, as well as an increase in headcount and IT expenditures, at least in the short term.
New offering includes Majesco Billing, which supports P&C and life and annuity lines of business.