The investment round, led by Bain Capital Credit and Pacific Lake Partners, will be will be used to accelerate OneShield’s growth strategy, which has resulted in nearly tripling its recurring revenue over the past three years.
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.
The implementation establishes a foundation for Hansard to transform and expand its international business model.
The Instec Policy system will support two multi-state complex commercial P&C programs with a range of coverages designed for the unique needs of the markets they serve.
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.
CodeObjects’ enterprise-grade personal lines solution complements Insurity’s well-established commercial lines solutions, positioning the vendor better-serve a growing client base.
The insurer has deployed Guidewire solutions to drive personal lines digital transformation and accelerate product launches, having also begun implementation of the vendor’s systems for commercial lines.
The new, pre-configured version of the Sapiens IDITSuite core insurance solution is designed to enable insurers to go-live in just a few months and quickly launch new offerings.