Stay updated with breaking news from Phil Ratcliff. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Illumifin was founded by Abry Partners, a leading Boston- based private equity firm, and Hoplon Capital, an asset manager focused on digital disruption, after the acquisition of Concentrix Corporation’ s insurance third-party administration and software platform. “We couldn’ t be more excited to support the illumifin management team in this journey of market...
Illumifin to acquire LTCG to expand third-party administration capabilities
Posted on April 19, 2021 by Nick Farrell - News An Insurtech study claims that consumers are demanding more digital services from their insurance companies. The study is part of the 2020 DXC Insurance Survey Report: The Voice of the US Consumer and highlights how consumer demand creates opportunities for insurers to deploy customer-facing digital technologies across their organisations. Digital transformation by insurers will not only help them “gain market share and boost lifetime customer value” but also assert themselves as “exemplars of a new, more collaborative concept of the in...