Alberta Motor Assn. Insurance Co. (AMA Insurance) deployed MajescoMastek's STG Billing solution, allowing the company to more effectively address the company's enterprise billing, payments and disbursements needs. 

Farmers Insurance Co. of Flemington selected PCMS's Atlas Cloud P&C solution. Atlas will enable the company to process and host its rating, underwriting, policy, administration, billing, claims, reporting and business intelligence needs, improving service for agents and policyholders.

Hexaware Technologies launched a fraud analytics solution, iFraud Engine, which provides insurers with unmatched fraud management capabilities and visibility, enabling earlier detection as well as reducing the number of false claims and paymets to approximately 10%. 

Tech Development

Specialty Insurance (ProSight) and SmartDrive Systems announced a complementary risk management solution developed exclusively for ProSight niche transportation customers. The solution, SecureFleet, is the insurance industry's only fully integrated video event recorder and risk reduction service, and is offered free with ProSight coverage. SecureFleet combines a patented vehicle data and event recording system with a comprehensive driver coaching program to help fleet owners and safety managers reduce risks and costs, improving fleet management. 

Mergers & Acquisitions

EQT Mid Market acquired TIA Technology, the leading supplier of standard software systems for the insurance industry in Europe. The acquisition will allow TIA to further accelerate growth and innovation, as well as expand its footprint across European markets.