West Bend MutualInsurance selected SapiensInternational Corp.'s Sapiens Reinsurancesolution to help the company better manage and control itsreinsurance business and related provesses. 

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Hires and Promotions

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Xuberappointed Chris Baker, formerly a senior vicepresident of Oracle, as managing director of Xuber within XchangingTechnology Services. The appointment follows Xchanging'sacquisition of Total Objects Ltd. and  Agencyport Europe,allowing Baker to spearhead the company's global growthinitiatives.

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Honors and Awards

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Securian Financial Groupappeared on Computerworld's annual list of 100 Best Places to Workin IT for the 19th year based on a questionnaire thatmeasured the benefits, diversity, career development, training,retention and worker satisfaction in the workplace.

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Guidewire Software Inc.'sPolicyCenter was recognized as a best-in-class solution across fourcategories, policy lifecycle, operational support, user experienceand enterprise support, of CEB TowerGroup's PolicyAdministration Systems Technology Analysis 2014 Report.

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Tech Development

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CoreLogic released a newversion of its EQECAT natural catastrophe modeling platform whichcontains three new proprietary risk models that qualify and analyzethe financial impact of catastrophic natural hazards in at-riskregions around the globe. 

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AIR Worldwide released Version2.0 of its catastrophe modeling software platform, Touchstone. Thenew version includes the ability to account for catastrophe andnoncatastrophe risk in a single platform, providing a morecomprehensive view of risk. 

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Mergers & Acquisitions

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Xchanging acquired TotalObjects Ltd., an insurance software provider, for apotential consideration of up to $36 million. The acquisition issubject to clearance by the Competition and Markets Authority, andwould continue the development of Xchanging's insurance businessand technology enablement strategy. 

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