MS&AD’s participation in Hippo’s July Series E round led to the companies seeing alignment in their visions for the growth and the role that InsurTech can play in it.
The pay-per-mile auto insurance pioneer will go public by merging with INSU II, a publicly-traded special purpose acquisition company sponsored by Cohen & Company.
Zywave says the acquisition makes it the only provider to offer front-office solutions for independent insurance agencies across all lines of business.
In his virtual presentation, Mike Rosenbaum spoke of the momentum of Guidewire’s cloud journey and addressed how the company has fulfilled its commitment to deliver new releases biannually, first with Aspen in June and Banff in November.
With the pace of change InsurTech has driven—and which COVID-19 has accelerated—the competitive pressure for insurers to change has grown proportionately more intense.
The implementation establishes a foundation for Hansard to transform and expand its international business model.
The acquisition, which follows the September announcement of Zywave’s own acquisition by Clearlake Capital, includes Advisen’s data, media and Web Connectivity Ltd. businesses.
The new release fulfills the vendor’s commitment to new releases every six months as part of its cloud- and product-focused strategy.
MAPFRE Malta has rolled out the cloud-based platform for Life and Pensions , including policy administration, digital portals and advanced analytics, to enhance and expand their services.
One of the P&C industry’s most established core technology providers brings aboard a smaller vendor with a focus on cloud-native technology and personal lines.