Tag : AI-native insurance technology

Insurance AI Leader mea Platform Targets Industry Combined Ratios and Margins With a $50 Million Growth Equity Raise From SEP
Artificial Intelligence InsurTech News

Insurance AI Leader mea Platform Targets Industry Combined Ratios and Margins With a $50 Million Growth Equity Raise From SEP

Business Wire
mea Platform (“mea”), the AI-native insurance technology company, announced a $50 million minority growth equity investment from SEP, a leading investor in enterprise technology companies. Since formation in 2021, mea has consistently driven the market for AI applied to the insurance industry. Demand is accelerating for mea’s products that rapidly......
Majesco Closes Acquisition of Vitech, Advancing Cloud and AI-Native Innovation for Insurance and Pension & Retirement
Artificial Intelligence InsurTech News

Majesco Closes Acquisition of Vitech, Advancing Cloud and AI-Native Innovation for Insurance and Pension & Retirement

Business Wire
Majesco, a leader in cloud-native and AI-native insurance technology for the P&C and L&AH markets, announced the close of its previously announced acquisition of Vitech, a provider of cloud-native pension and benefits administration solutions. The transaction expands Majesco’s leadership into the Group & Benefits and Pension & Retirement segments and......
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