The insurer seeks to fully exploit the value of telematics technology in delivering improved road safety through the prevention-first approach of its Onlia Sense safe-driving app.
IT & Business Strategy
Sapiens Acquires Delphi Technology to Support MPL Expansion in North America
The total consideration is up to $19.5 million in cash on the acquisition, which Sapiens expects to be accretive to profit in early 2021.
ivari Selects DXC Technology to Transform Systems and Services
The insurer has entered into a 25-year agreement with DXC to advance ivari’s current platforms and operations, as well as provide digital new business capabilities.
What Hippo’s $150M in New Funding Means Strategically
IIR talks with Rick McCathron, Hippo’s Chief Insurance Officer, about where the company is today, and how the new funding round supports its ambitious mission to transform homeowners insurance.
Quadient and Infosys Partner to Enhance Customer Experience Management
Infosys will supply Quadient solutions to provide clients with the vendor’s omni-channel CCM platform and the capability to meet complex communication needs.
Sapiens Launches P&C and Reinsurance Core Platform in DACH Region
The vendor expects Germany to become a leading strategic market for Sapiens cloud-based IDITSuite and digital offerings.
Hippo Closes $150 Million Series E Funding Round
The company has grown total written premiums to $270 million, growing at 140 percent YoY, has raised a total of $359 million in investment capital and is now valued at $1.5 billion.
Majesco to be Acquired by Thoma Bravo
Majesco leadership says the transaction, valuing the company at $594 million, will support the company’s strategic vision to help global insurers transition to the cloud.
InsureTech Connect Goes Digital: Q&A with Jay Weintraub and Mee-Jung Jang
The pandemic hasn’t slowed the pace of insurance innovation, but the insurance technology community’s largest in-person event has adapted to serve its global participants during a time of restricted travel.
Majesco Launches Portal to Keep Customers Abreast of its Evolving Solutions
The portal aims to provide faster access to robust product information and insight to the vendor’s product roadmaps and future of insurance technologies.