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

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

Hexaware Technologies launched a fraudanalytics solution, iFraud Engine, which provides insurerswith unmatched fraud management capabilities and visibility,enabling earlier detection as well as reducing the number of falseclaims and paymets to approximately 10%. 

Tech Development

Specialty Insurance (ProSight)and SmartDrive Systems announced acomplementary risk management solution developed exclusively forProSight niche transportation customers. The solution, SecureFleet, is the insurance industry's only fullyintegrated video event recorder and risk reduction service, and isoffered free with ProSight coverage. SecureFleet combines apatented vehicle data and event recording system with acomprehensive driver coaching program to help fleet owners andsafety managers reduce risks and costs, improving fleetmanagement. 

Mergers & Acquisitions

EQT Mid Market acquiredTIA Technology, the leading supplier ofstandard software systems for the insurance industry in Europe. Theacquisition will allow TIA to further accelerate growth andinnovation, as well as expand its footprint across Europeanmarkets.