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.
More Americans Are Moving Away From Flood Risk Than Toward It 
Camp Mystic, Where Texas Floods Killed 28, Files Bankruptcy 
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
How Insurers Know When It’s Time to Scale AI 
