Technology/Science
CoreLogic Bidders Seek Shareholder Backing to Replace 9 Directors
The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after the company rejected their $7 billion proposal to take it private. ...
Commercial Lines Insurers Investing in AI and Analytics to Improve Claims and Customer Experience: Novarica
Commercial lines insurers are intent on maintaining underwriting discipline as they grow, using data, AI, predictive analytics and business rules to align pricing actions with risk quality and make ...
InsurTech Financings Rebound in Q2; A Longer Recovery Remains in Question
InsurTech venture capital investments rebounded strongly in the second quarter after a pummeling earlier in the year due to growing pandemic-related uncertainty in the financial markets. Firms in the ...
Sapiens to Acquire Rival Delphi Technology, With Eye on MPL Space
Sapiens International Corp. said it plans to pay nearly $20 million for rival software company Delphi Technology in order to more deeply penetrate the medical professional liability insurance space. ...
Why Commercial Digitization Is a Pandemic Priority: Planck CEO
While other companies have struggled during the coronavirus pandemic, Planck sees opportunity. In June—well into the ongoing COVID-19 crisis—Planck announced it had raised $16 million in venture ...
The Latest Launches From SSP/Willis Towers Watson, PURE, and Berkshire Hathaway/GUARD
Insurance Software Company SSP joined a Willis Towers Watson program designed to help boost what it can learn from data. Privilege Underwriters Reciprocal Exchange, or PURE, has launched PURE Gold, a ...
InsurTech NY Is Accepting Applications for October Cohort
InsurTech NY announced that it will be accepting applications for the October cohort of its growth-stage InsurTech accelerator. The application window will be open from July 21 to Aug. 17. The ...
Insurance Software Firm Majesco Will Be Acquired by Private Equity Outfit for $594M
Cloud insurance software firm Majesco said it has agreed to be acquired by Thoma Bravo, a private equity firm focused on the software and technology services sectors, in a transaction valuing the ...