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Claims Business: Sapiens and Click-Ins, QBE and Velocity EHS, Cotton Holdings and Stellar Restoration By Claims Journal staff | January 19, 2021 Click-Ins is teaming up with Sapiens International to offer vehicle-damage inspection and assessment platform to insurance carriers. Click-Ins said in a press release that its product is now offered along with Sapiens CoreSuite for P&C product to offer end-to-end claim processing, automation and settlement. Both businesses are based in Israel. “AI and deep learning are transforming insurance underwriting as we know it,” stated Roni Al-Dor, president and chief executive officer of Sapiens. “Click-Ins has the expertise and capabilities needed to drive this transformation, making them ideal partners in our quest to provide comprehensive, customer-centric solutions.” ....
Cotton Holdings Inc. Acquires Stellar Restoration Services, Adding Roofing Restoration to Commercial Disaster Recovery Capabilities Cotton Holdings Inc. (Cotton), a leading infrastructure support services company in the fast-growing commercial restoration market, today announced the acquisition of Stellar Restoration Services (Stellar), a provider of comprehensive roofing restoration services for hail and weather-related damage to commercial properties. Stellar will retain its name and operate as a wholly-owned subsidiary of Cotton under the continued leadership of co-Founders Michael de la Mora and Rick Bailey, who will retain an ownership interest in the business. Financial terms of the private transaction were not disclosed. The acquisition of Stellar is part of Cottons expansion strategy to meet the growing demand for commercial restoration services in North America and globally. Headquartered in Houston with an international logistics center and a number of reg ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Cotton Holdings Inc. Acquires Stellar Restoration Services, Adding Roofing Restoration to Commercial Disaster Recovery Capabilities January 12, 2021 GMT Cotton Holdings Inc. (“Cotton”), a leading infrastructure support services company in the fast-growing commercial restoration market, today announced the acquisition of Stellar Restoration Services (“Stellar”), a provider of comprehensive roofing restoration services for hail and weather-related damage to commercial properties. Stellar will retain its name and operate as a wholly-owned subsidiary of Cotton under the continued leadership of co-Founders Michael de la Mora and Rick Bailey, who will retain an ownership interest in the business. Financial terms of the private transaction were not disclosed. ....