In just one week the industry saw three large software provider acquisitions: Applied Systems will acquire IVANS’ P&C business, SAP plans to acquire Camilion and Insurity will acquire AQS. That’s a lot to take in and analyze in one week and leaves many of us wondering a few things: What does this mean for insurers that are current customers and is there more of the same to come that insurers should prepare for? Many industry experts say yes.
These players have a large presence in the P&C industry. SAP’s acquisition is the first serious move into the insurance vertical solutions space by a global technology firm since Oracle bought AdminServer and Skywire in 2008, according to a recent report from Novarica that offers an overview of the main participants and information about these recent transactions and identifies some possible activity in the future. Is this a sign of larger players entering our world and is the insurance vertical applications space evolving?
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access