CTO / Technology
Chubb Will Consolidate, Integrate IT Infrastructure on IBM Cloud
Chubb has sealed a new deal with IBM that represents a major investment in cloud computing in order to modernize its information technology operations. The Chubb/IBM announcement involves is a ...
IVANS Releases ‘Market Insights’ Index of Renewal Premium Changes
In conjunction with the recent introduction of some carrier-focused digital distribution tools, IVANS also unveiled "Market Insights," delivering an IVANS index of data on renewal premium changes to ...
Telematics, Autonomous Vehicles Could Jumpstart a Struggling Commercial Auto Sector: Conning
Commercial automobile insurance has been a trouble spot in the industry in recent years, and a multitude of factors have combined to create the problem. But technological changes such as driverless ...
Guidewire Closes $160M Deal for Tech Company ISCS, Launches Cloud-Focused Product
P/C software company Guidewire said it has completed its $160 million acquisition of cloud computing tech outfit ISCS, about two months after the deal between the California companies was first ...
Unlike Some Automakers, Ford Is Fully Committed to Developing Totally Autonomous Cars
As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off. Company researchers ...
Verisk Analytics, Capgemini Make Insurance Industry-Focused Acquisitions
Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ratings. Financial terms were not disclosed, although the deal is ...
Insurance Software M&A: Sapiens to Grab StoneRiver for $102M
Sapiens International Corp. has agreed to snatch up StoneRiver Inc. for $102 million in cash – one of the larger recent acquisitions in the insurance software and services space. Plans call for ...
Insurance CEOs Worry More About Disrupters Than Execs in Other Industries: PwC
Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual "PwC Global CEO ...