New Research on VC & Insurer Accelerators Help Insurers Deal with Rapidly Changing Tech Environment

BOSTON - May 14, 2015 - PRLog -- With investor money flooding the insurance technology sector and tech company M&A activity at a fever pitch, research and advisory firm Novarica has published two new reports: “Insurance Software M&A Update 2015 Q2” and “Insurer Accelerators and VC Funds: Buying Innovation”.

These executive briefs were written to help insurers gain more insight into current trends and changes that will inevitably disrupt the insurance industry. Highlights of these briefs include key findings, market overview and recommendations.

Insurer Software M&A Update 2015 (Q2) - This report provides an update on the M&A in the insurance software sector with an overview of the main participants, information about recent transactions, and predictions for future activity. Solution providers discussed include: Accenture, Capgemini, Cognizant, Computer Sciences Corporation (CSC), Ebix, Guidewire, HP, IBM, iPipeline, Insurity, Majesco, Microsoft, Mphasis, Oracle, SAP, Sapiens, StoneRiver, TCS, and Vertafore. A free preview of this report is available at: http://novarica.com/manda2015/

Insurer Accelerators and VC Funds: Buying Innovation – This brief looks at current trends and issues in this space and provides a list of recent examples of accelerators, incubators, and insurer venture funds active today. The need to find alternative avenues for growth and for investment returns, combined with a fear of technology companies disrupting insurers’ business models, has led to renewed interest. A free preview of this brief is available at: http://novarica.com/insurance-vc-buying-innovation/

“Insurers are more reliant than ever on rapidly changing technologies,” explains Matthew Josefowicz, President & CEO, Novarica.  “With the vendor marketplace evolving rapidly and new innovative providers securing funding to launch disruptive services, insurers need to stay current and plan for change.  These briefs provide key insights into the current and future insurance marketplace to help insurers deal with what may lie ahead” says Josefowicz.

For more information about Novarica’s research and consulting services, visit www.Novarica.com

About Novarica

Novarica provides technology strategy research, advisory services, and consulting to more than 80 property/casualty and life/annuity insurers. Its knowledgebase covers trends, benchmarks, best practices, case studies, and vendor solutions. Leveraging the expertise of its senior team and of nearly 400 CIO Research Council members, Novarica provides clients with the ability to make faster, better, more informed decisions. Its consulting services focus on vendor selection, custom benchmarking, project checkpoints, and IT strategy. More information at: www.novarica.com