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.
Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
Federal Judge Cautions State Farm Against Gambling With Courts
Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk 

