InsurTech startups are leveraging the latest advances in machine learning, new big data sets, and IoT sensor data to drive fundamental changes to the insurance value chain and to change what insurers need from core processes and systems.
CSC will make an undisclosed investment in Virtual Clarity to accelerate the company’s transformation consulting services for the insurance, financial services, and other industries.
Bridge’s Smart Configuration and SaaS model will allow Weston to more cost effectively process changes for its existing markets will moving quickly to support new markets.
With EIS Group’s core suite and CustomerCore DXP digital transaction platform in place, IAAH will be able to drive a more complete business transformation, including new channels and partnerships.
Membership brings Innovative Computer Systems access to AAIS content and expertise that helps the vendor ensure that its solutions are current, compliant and easy to use for their AAIS member customers.
The ISCS-based ‘all-in-one’ system includes policy, billing and claims, as well as data and digital functionality.
The deal greatly increases Sapiens’ footprint and access to the North American insurance systems market and adds important complementary functionality to both its L&A and P&C systems portfolios.
Counting all that StoneRiver brings in systems, industry credibility, and client base, the vendor believes it now has what it needs to face the challenges of succeeding in the North American insurance systems market.
The insurer cites extensive workers’ compensation system functionality, self-service and configuration capabilities, and Insurity’s experience as factors in its decision.
The Chicago based-startup’s Sonar technology aggregates data from millions of payment card transactions to provide smaller institutions with an efficient system for preventing payment fraud.