Technology/Science
Advancing a Digital Agenda: Policy Administration Transformation Is Step 1 for Carriers
Most carriers are looking at investment in a policy administration transformation as the first step in advancing their digital agenda. As shown in earlier parts of this article, fewer survey ...
Guidewire Grabbing ISCS for $160M, With an Eye on the Cloud
Guidewire, a software company focused on the P/C industry, will buy a tech outfit specializing in cloud computing for about $160 million in cash. The acquisition also helps it access the small ...
Cognizant to Acquire Adaptra
IT services provider Cognizant announced that it has agreed to acquire Sydney-based Adaptra. Cognizant said the deal will expand its capabilities in enabling insurers to digitally engage and empower ...
Allstate Signs on for Multiyear Autonomous Vehicle Research Project at Stanford
Allstate Insurance Co., the nation's largest publicly held personal lines insurer, is continuing its drive into new technology, agreeing to a multiyear research project with the Intelligent Systems ...
Two Insurance-Related Risk Services Companies Make Acquisitions
Two companies that provide various services and products in insurance-related areas including risk management compliance and claims have made acquisitions. The first, Origami Risk in Chicago, said it ...
Getting It Done: Keys to Policy Administration Systems Transformation Success
The policy administration transformation effort includes many phases that present the carrier with unique challenges. Survey respondents were asked which phase was the most challenging. Planning ...
Google Spins Off Self-Driving Car Project Into New Company
Google parent company Alphabet Inc. is separating its self-driving car project into a new business called Waymo, seeking to sharpen its focus on changing the transportation industry. John Krafcik, ...
Policy Administration Transformation: Business Case Moves Carriers to Action
As the marketplace moves toward digital technology, the need for faster and less expensive solutions is elevating the role of core systems into front-office interactions. This is driving carriers ...