insurance software News
Guidewire’s Q3 Net Losses Spiked, But Revenue Soars as Acquisitions Absorbed
Guidewire Software Inc. grew revenue and concluded a major acquisition in its 2017 fiscal third quarter, but losses spiked. The California-based insurance software operation booked more than $1.8 ...
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 ...
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 ...
Valen Analytics Sold to Much-Larger Insurity for Undisclosed Price
Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers. Neither side disclosed financial ...
Sapiens Enters Polish Market With Acquisition of Insurance Software Provider Insseco
Sapiens International Corp., a maker of insurance industry-specific software, has agreed to buy Poland-based Insseco for $9.1 million. The final price tag could rise over the next five years ...