Moody’s Corporation, a global leader in risk assessment and credit ratings, has announced the acquisition of Praedicat, a firm specializing in predictive modeling and analytics for casualty and liability insurance. This acquisition is poised to significantly bolster Moody’s suite of risk assessment tools by incorporating Praedicat’s innovative capabilities in modeling complex risks associated with product […]
Moody’s Corporation and Microsoft are stepping into a strategic alliance aimed at delivering an enhanced suite of data, analytics, research, collaboration and risk solutions to the world of financial services and global knowledge workers. The partnership melds Moody’s strong data and analytical capabilities with the power and scale of Microsoft Azure OpenAI Service, opening up […]
Aon plc has acquired Evaluación de Riesgos Naturales (ERN), a Mexico-based provider of risk assessment modeling for an undisclosed price. The acquisition is expected to help the global professional services firm expand its catastrophe modeling and consultancy capabilities in Latin America. Through the acquisition, Aon aims to bring further value to its insurer clients, which […]
Meriplex, an American managed IT and security solutions provider, has acquired CPI Solutions, a managed service provider based in Southern California, for an undisclosed price. CPI Solutions has been an IT and cybersecurity managed services provider for nearly 40 years serving businesses across Los Angeles, Orange, Ventura, and San Diego counties. The company offers customized […]
Zensar Technologies, a subsidiary of RPG Group, said that it had joined forces with FRISS, an artificial intelligence (AI) powered insurance fraud detection and risk assessment solutions provider. The partnership will enable the clients of Zensar Technologies to access the latest market-ready AI, a host of data sources and customer service directly via the FRISS […]