This week's update includes insurance industry news from Applied Systems, TransUnion, vQuip Specialty and more. (Photo: Shutterstock)
Applied Systems acquired Planck, the leading artificial intelligence company for the insurance industry. This strategic acquisition will significantly expand Applied's AI capabilities, accelerating its vision for the next generation of the digital roundtrip of insurance and creating more value at every stage of the insurance lifecycle for the benefit of agencies, carriers and their clients.
Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency. JM Insurance Agency Partners, Inc., a Jewelers Mutual Group company, joined forces with UL&C, expanding the Ggoup's expertise, helping strengthen both the pawn market and the insurance industry, and helping meet customers' needs for best-in-class pawnbroker coverage.
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