Contract news
Fortitude Re awards IBM $450m deal to optimise life insurance operations
Bermuda-based Fortitude Re has signed a $450m contract with tech giant IBM to optimise its life insurance policy servicing operations.…
Transamerica terminates $2bn IT contract with TCS
US-based insurance holding company Transamerica has terminated a $2bn administration contract with Indian technology firm Tata Consultancy Services (TCS), two…
Insurtech Blink Parametric signs three-year deal with AwayCare
Ireland-based insurtech Blink Parametric has expanded its partnership with AwayCare through a three-year deal. This deal paves way for Blink…
AIA secures nod to set up new Henan branch
Life insurance firm AIA Group’s subsidiary AIA China has received the regulatory clearance to launch a new branch in China’s…
Akur8 to transform AXA Direct Japan insurance pricing process
Insurtech company Akur8 has entered into a new partnership to help in improving AXA Direct Japan (ADJ)’s pricing process. The…
The Co-operators turns to Guidewire to simplify IT operations
Canadian insurer The Co-operators has selected Guidewire Software’s InsuranceSuite Cloud to power its core operations. Transitioning to Guidewire Cloud from…
Veritas Kapital signs bancassurance pact with Unity Bank
Nigerian insurer Veritas Kapital Assurance has signed a bancassurance agreement with Unity Bank to sell its insurance products to the…
Amica Mutual partners QA Consultants to manage quality of Guidewire Cloud
Amica Mutual Insurance Company has selected QA Consultants and its TestFactory services to oversee and validate the quality of its…
Generali inks distribution pact with Mercado Libre in Argentina
La Caja, the Argentine subsidiary of Italian insurer Generali, has signed a pact with Argentina-based e-commerce firm Mercado Libre to…
C-Quence partners Cytora to improve mid-market P&C insurance offerings
Digital managing general agent C-Quence and Cytora have entered into a partnership to transform mid-market commercial property and casualty (P&C)…
