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.
California Rivals Have Starkly Different Plans to Remake Home Insurance 
New Jersey E-Bike Registration, Insurance Requirements Now in Effect 
India’s Largest Nuclear Power Plant Hit by Data Breach 
Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting 
