Technology/Science
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 ...
Rather Than Gamble, ITC Shifts From Vegas to the Digital World
A surge in COVID-19 cases is forcing InsureTech Connect – one of the world's largest insurance technology conferences – to go fully digital for its annual fall gathering. ITC has scheduled ITC ...
COVID-19 Pandemic May Worsen Antibiotic Resistance Epidemic: Risk Alerts
Health care providers may be overprescribing antibiotics in an effort to ward off infections in COVID patients confined to the hospital for prolonged periods of time. The pandemic is increasing ...
LinkedIn Accused of Secretly Reading Apple Users’ Clipboard Content in New Suit
Microsoft Corp's LinkedIn was sued by a New York-based iPhone user on Friday for allegedly reading and diverting users' sensitive content from Apple Inc's Universal Clipboard application. According ...
The Latest Launches From Verisk and Kovrr
Verisk launched a new program designed to help insurers cover small business risks unique to the gig economy. Kovrr, a cyber risk modeling company, has developed what it bills as an easy-to-use open ...
InsurTechs Jupiter Intelligence and ClaimFlo to Represent North America in Zurich Innovation Championship
Zurich North America Insurance has selected two InsurTechs offering climate resilience and claims efficiency to represent North America in its second Innovation Championship. Jupiter Intelligence ...
Canadian InsurTech MGA Foxquilt Raises Seed Funding for Small-Biz Platform Development
A Canadian InsurTech focused on Small Business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service ...
CoreLogic Rejects Unsolicited Bid, but Willing to Meet Bidders
CoreLogic's Board has unanimously rejected an unsolicited bid from an investment firm and hedge fund, calling it undervalued and not in the best interest of shareholders. The action is in response to ...