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After the busiest quarter for insurance dealmaking in at least 12 years, the magnitude of this latest takeover is going to drive even more M&A fever across the industry, according to analysts.
July 1 -
The combined company will have around $40 billion in annual revenues, which elevates it to a key global player and should allow for some economies of scale.
July 1
Strategy Meets Action -
Between now and the effective date of the merger, there will be a lot of planning focused on efficiencies and platform rationalization, cloud, SaaS, data management/stores, analytics and more.
July 1
Celent -
Ace will own 70 percent of the company after the transaction closes, and Greenberg will lead the combined insurer, the companies said Wednesday in a statement.
July 1 -
To boost efficiencies and innovation, global insurers are expected to increase IT spend to more than $100 billion in 2015, but how does this forecast translate for the insurance world?
July 1
Allstate Technology & Strategic Ventures -
The companies' complementary, rather than competitive, risk management practices can leverage technology to get a clearer picture of risk for insurance carrier clients.
June 30 -
Towers Watson hopes to jump-start distribution of its technology services, including private health insurance exchanges and analytics, in the merger with insurance broker Willis.
June 30 -
P&C carrier intends to modernize infrastructure and processes for its commercial business lines, simplify operations and enhance customer service.
June 29 -
As the FAA has simplified commercial drone licensing requirements, insurers have embraced the technology for claims, underwriting and customer service applications. INN's Senior Editor Chris McMahon reports.
June 29 -
Half of surveyed software developers don't feel they can work with the Internet of Things. Can insurers take the lead?
June 29
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Experiment, but be careful of expensive, enterprise installations that are hard to extract later, and understand these types of projects can be more transient than other enterprise software.
June 29
Celent -
Summer vacation is a great time to recharge your body -- and your mind. To achieve that latter goal, check out these 15 must-reads, which we culled from the Society for Information Management, plus faculty and administration members from the University of Maryland's Robert H. Smith School of Business. Here’s the lineup and a description of each tome.
June 29 -
Automatic Labs will use the latest round of funding to expand its developer platform and driver application offerings.
June 26 -
Paul Holden joins the third-party administrator after several stints at claims technology companies.
June 26 -
Discussions between the two companies have intensified during recent days, after it emerged over the weekend that rivals Anthem Inc. and Cigna Corp. had held merger talks.
June 26 -
XL Catlin's newest breach response partners include computer forensics services providers and law firms.
June 26 -
With the Supreme Court affirming that the Affordable Care Acts current structure wont change, health insurance IT pros can focus on other pressing areas.
June 25 -
A Novarica survey finds insurers excited about the potential for several big data pools to impact the underwriting process.
June 25 -
The court agrees with the Obama administration's argument that the laws intent is to provide subsidies for everyone, not just those who purchased coverage through a state-based exchange.
June 25 -
The LifeTrack option offers personalized communications so that customers understand the amount they need to pay to keep pace with their insurance objective over time, the insurer said.
June 25



