Sapiens, a global provider of software solutions for the insurance industry, has agreed to acquire StoneRiver, a solutions and services provider for the insurance industry in North America, for approximately $102M in cash.
HR Tech Startup Zenefits Slashes workforce by half, to centralise operations in Arizona – Insurance Tech Weekly # 31
Zenefits slashes nearly half its workforce, will centralize operations in Arizona.
Gravie adds Medicare products to its marketplace with Breitenfeldt Group acquisition – Insurance Tech Weekly # 30
Gravie, a Minneapolis based provider of health benefits marketplace, has acquired the Breitenfeldt Group, one of the largest Medicare brokerages in Minnesota.
Insurity, a provider of core insurance processing and data integration and analytics solutions, has acquired Valen Analytics, a provider of proprietary data, analytics and predictive modeling for P/C insurers.