The acquisition is the first step in Sapiens’ journey to enter Spain and Portugal, which the vendor sees as a long-term growth opportunity.
Glatfelter will use the InsureRight platform for its Commercial Auto line, as part of an improved underwriting efficiency and risk assessment initiative for program business.
The insurer Chose the solution for its comprehensive functionality, including the streamlined reporting and reconciliation inherent to the platform.
The technology-enabled financial wellness platform benefits employers by allowing employees to easily plan, manage, and track their full financial picture.
The insurer seeks to provide a simplified process for consumers and business owners to protect their income, as well as service their ongoing and changing needs.
The Canadian general insurer will leverage Guidewire Core and Data products in the cloud to drive innovation and speed-to-market and increase business growth.
ClarionDoor’s Digital Distribution Suite enables the the launch of a new insurance product that expands the scope of cyber coverage the insurer is able to place for businesses.
Moving core systems to the cloud is part of the insurer’s broader agenda of digital transformation and technology innovation.
The funding round brings the digital small business insurance startup’s total funding to $381 million in just over three years, with a valuation of over $1 billion.
The contract extension follows successful cooperation in Latin America and Iberia between FRISS and Munich Re’s Global Consulting Unit.