Viewing entries written by Karen Furtado
2016: Core Systems’ Year of Capital Investments
The significant capital investments at work in the InsurTech world have also been active in the core systems space, including both new private equity and venture capital funding sources. Within the last week, two separate announcements in the core systems industry illustrate a trend we have seen throughout 2016: companies...
Next-Gen Strategies: Bridges That Withstand the Test of Time
The strategic bridges that insurers need to build to get them from today to tomorrow was a major theme of the 2016 SMA Annual Summit in September. For inspiration, we discussed real-life bridges that had stood the test of time and those that had not been successful.
The 2016 SMA Innovation in Action Awards: How Can Solution Providers Contribute to the Success of the Next-Gen Insurer?
SMA has announced the winners of the 2016 SMA Innovation in Action Awards for Solution Providers. The awards were presented to four solution providers for offering innovative solutions or services that enable insurers to make real progress in their transformation journeys toward becoming Next-Gen Insurers.
The 2016 SMA Innovation in Action Awards: What Does a Next-Gen Insurer Look Like?
SMA has announced the winners of the 2016 SMA Innovation in Action Awards for Insurers, recognizing four insurers whose ground-breaking projects and initiatives enable them to advance on their transformation journeys toward becoming Next-Gen Insurers.
In Claims, All Roads Lead to Innovation
Claims is making great progress on the innovation journey. Over the past few years, claims organizations have been adopting a more innovative culture that furthers their progress in the areas of efficiency, effectiveness, and customer experience.
Cloud/Hosted Core Systems Reach a Tipping Point in 2015
Core in the cloud is a hot topic that has garnered a lot of interest and an equal amount of debate as insurers confront the challenges that the digital world brings to our industry, and certainly, insurers’ use of cloud has increased.
The SMA Innovation in Action Awards: Honoring Next-Gen Insurers
As the June 30th deadline approaches for the 2016 SMA Innovation in Action Award submissions, let’s take a look back at our insurer winners from 2015: Haven Life Insurance Agency, John Hancock, and USAA. Their innovative projects and initiatives have demonstrated how they are rethinking and reinventing the business of...
Insurity and Tropics: The Acquisition Trend Continues
Big news hit the wire this week with Insurity acquiring Tropics Software Technologies. This acquisition builds on the expansion of Insurity’s offerings that followed the acquisition of Oceanwide last year. This transaction is one more example of how M&A activity is changing the insurance core system landscape.
Another Week, Another Acquisition in the Core Space
Duck Creek Technologies and APAX Partners are not wasting any time to deliver expanded capabilities with the acquisition of Agencyport. This acquisition is a great compliment of strategic digital capabilities to a leader in the core suite platform. So is this a new trend in the core space with other...
Impact of Private Equity in Insurance: The Accenture and Apax Partners Transaction
The insurance industry is abuzz with the recent announcement of a joint venture between Accenture and Apax Partners, a private equity group, to further develop Duck Creek solutions into end-to-end, cloud-based core systems. Significant outside capital has become a game changer in the industry in general, but this is a...
