Tillinghast Buys Aussie Software Firm
NU Online News Service, June 27, 3:31 p.m. EST?Tillinghast-Towers Perrin in New York said it has acquired a majority interest in an Australian firm to create a merged operation supplying underwriting and other software products.
Tillinghast said it had reached an agreement with Sydney-based Classic Solutions to join forces providing insurance and financial modeling software. Tillinghast said it will merge its TAS Tillinghast Actuarial Software business with the software operations of Classic Solutions.
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