Infosys, through its US-based subsidiary Infosys Public Services (IPS), has helped the United Nations Development Programme (UNDP) in deploying the Quantum Global Digital Management System. UNDP is an agency of the United Nations with a responsibility to assist countries in eradicating poverty and attaining sustainable growth in the economy and human development. The Quantum Global […]
SpotDraft, an AI-powered contract lifecycle management (CLM) solution provider, has closed its Series A funding round, raising $26 million. The company anticipates to use the proceeds from the round for further development of AI-powered legal software and for scaling the business in North America. Led by Premji Invest, the round also saw participation from Arkam […]
Accenture has acquired Morphus, a privately held Brazil-based cybersecurity company in an effort to expand its cybersecurity footprint in Latin America. The financial terms of the transaction were not disclosed by the professional services company. With the acquisition, Accenture anticipates to add new offerings to the company’s portfolio, expanding its presence in growth markets in […]
American insurance brokerage firm PCF Insurance Services has acquired Oak Point Risk Advisors, a Louisiana-based risk management and insurance agency, for an undisclosed price. Oak Point Risk Advisors caters to the maritime, oil and gas, and construction industries located along and on the Gulf of Mexico with commercial insurance solutions. Ronny Sternfels — Oak Point […]
Global insurance brokerage Arthur J. Gallagher & Co. (Gallagher) has acquired First Ireland Risk Management Limited based in Dublin, Ireland for an undisclosed price. Established in 1982, First Ireland Risk Management is a retail insurance broker. The company serves clients across Ireland with a range of commercial and personal insurance products along with life and […]
PCF Insurance Services, an American insurance brokerage firm, has acquired Virginia-based specialty insurance and home warranty company Professional Warranty Service Corporation (PWSC). The financial terms of the deal were not disclosed. Headquartered in Chantilly, Professional Warranty Service Corporation is engaged in providing risk management solutions across the US. The company is specialized in property management […]
Veros Software, the owner of enterprise risk management and collateral valuation services provider Veros Real Estate Solutions, has acquired Valligent, a home appraisal management company based in California. The financial terms of the deal were not disclosed. Valligent, which is headed by Jeff Wickham and Jeremy McCarty, provides conventional, alternative, and appraisal underwriting services. Established […]
Intact Insurance Group USA, which operates as Intact Insurance Specialty Solutions, has agreed to acquire Highland Insurance Solutions, for an undisclosed price. Highland Insurance Solutions is the US construction unit of Tokio Marine Highland (TMH), which is being sold by Tokio Marine Kiln (TMK). Brad Irick — CEO of Tokio Marine Kiln said: “TMK is […]
Flexpoint Ford has agreed to divest TigerRisk Partners, a US-based risk, capital, and strategic advisor to the insurance and reinsurance industries, to Howden Group. The financial terms of the deal were not disclosed. Established in 2008, TigerRisk Partners is also a reinsurance broker. It has offices in Stamford, New York, Minneapolis, Chicago, Raleigh, Bermuda, London, […]
UK-based GRC International Group said that it has bagged a multi-year payment card industry (PCI) security testing contract from an undisclosed global provider of managed network solutions. The PCI security testing contract is likely to provide nearly £140,000 over a term of three years, said GRC International Group, which is a governance, risk management, and […]