Sapiens says that, upon completion of the implementation, insurance software solutions will provide policy processing capabilities for TMM’s 12 lines of personal and commercial business, and support for TMM’s reinsurance business. The phase of implementation now underway will replace key policy booking functionality within TMM’s existing legacy environment. TMM anticipates significant cost savings with the Sapiens systems and a one-year return on investment, Sapiens adds.
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Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.
3h ago -
SDK integration can simplify and revolutionize digital offerings for health insurers.
April 25Spectrum.Life -
The insurtech discusses its multi-line solutions and ethics of AI.
April 25 -
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
April 25 -
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
April 25 -
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
April 24