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Arch Capital | July 15, 2020
Arch Capital Group is expecting somewhere between $205 million and $225 million in pre-tax catastrophe losses across its property casualty insurance and reinsurance segments for the second quarter. The approximation is net of reinsurance recoveries and reinstatement premiums, and spans a range of estimates for exposure to COVID-19 global pandemic claims as well as for losses related to civil unrest claims in the US and other catastrophic events in the period....
Business Wire | August 12, 2020
PGIM Investments, the retail distribution arm of PGIM, Inc., the $1.4 trillion global investment management business of Prudential Financial, Inc. (PFI), and iCapital Network1, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced a partnership in which iCapital will provide a customized technology solution to augment PGIM Investments’ distribution and servicing capabilities. The part...
Cision PR Newswire | August 31, 2020
Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, today announced the completion of its acquisition of Foundation Software, a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors. Foundation Software's suite of pioneering solutions for the construction industry and dedication to excellent service have allowed the company to consistently grow market share and...
Business Wire | October 07, 2020
DataArt, a global technology consultancy that designs, develops and supports unique software solutions, today announced a new partnership with OpenFin, the leading operating system (OS) for the financial services. As a Certified Development Partner, DataArt will accelerate development on OpenFin OS to deliver highly interoperable and flexible applications for financial clients. DataArt’s agile software development expertise and OpenFin’s technology bring efficiency and modern custome...
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