British-based insurance software specialist TiG and three other software companies have aligned with IBM. The deals are expected to pull in new sources of revenue for all IBM products totaling nearly $1 billion.
TiG, a unit of Canadian company Fairfax Financial Holdings, will create software for IBM that could reduce claims management costs by 10 to 20 percent. The other three companies aligning with IBM were S1 Corp, Yojna Inc. and CommercialWare.
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
World’s Growing Civil Unrest Has an Insurance Sting 
