The vendor announced the pricing of its initial public offering of 15,000,000 shares of its common stock at a price of $27.00 per share which began trading today, Aug. 14.
Distribution
Vertafore to be Acquired by Roper Technologies
Since 2016, the company has added more than 500 employees and improved its customer net promoter score by 200 percent, while meaningfully increasing its annual recurring sales.
FINEOS Acquires Limelight Health for $75M
The complementary solution sets combine to create an end-to-end SaaS core product suite from quote, rate and underwrite through to billing, policy administration, absence and claims management for the global life, accident, and health industry.
Policygenius Launches Wills and Trusts Through New Mobile App
The app guides consumers through the will creation process and also enables them to shop for life and home insurance.
Biggest Insurance Disruptor: Lemonade or Tesla?
Elon Musk recently appealed to ‘revolutionary actuaries’ to join him. If Tesla does go full bore into the insurance industry Tesla, would you bet against him?
Thoma Bravo Raises Offer to Acquire Majesco
Thoma Bravo’s new offer valued Majesco at $729 million, as opposed to $594 announced July 20, with consideration to shareholders rising to $16.00 from $13.10.
Tom Troy, CSAA’s CEO Talks Adaptation and Innovation
CSAA Insurance Group’s CEO since April 2019, Troy talks about the company’s response to the pandemic and how it is shaping the way insurance companies operate and innovate.
A Deeper Look at Hyland’s Integrations with Duck Creek
Charlie Hanna, Hyland’s Senior Alliance Manager, discusses the final two integrations in the context of the vendor’s perennial efforts to keep up with evolving technology.
Veruna Partners and Integrates with Imperial PFS
The Salesforce-based agency management system vendor says that common customers will benefit from streamlined implementation and onboarding processes.
Talage Launches Wheelhouse for Commercial Insurance Distribution
The solution is designed to streamline the insurance purchasing process for small businesses and provide a digital solution for agents which automates traditionally manual processes.