SAP buying Camilion for insurance software

The companies had already partnered for some time

SAP is expanding its array of software products for the insurance industry with the acquisition of Camilion. Terms of the deal were not disclosed.

Toronto-based Camilion's portfolio covers the life and annuity, property and casualty, and health care insurance fields. Its technology handles insurance product configuration, policy management and quoting and underwriting, among other capabilities, according to its website.

Many insurance companies are burdened with legacy systems that can't handle today's demands, according to SAP. Camilion's products will be combined with SAP's Business All-in-One for Insurance ERP (enterprise resource planning) application, resulting in a suite that insurers can use to modernize their operations, SAP said.

Other plans include expanded mobile applications for Camilion's quoting and underwriting software, SAP said.

The companies had partnered for some time, with SAP having already embedded Camilion technology into its insurance offerings.

Camilion also partners with SAP rival Oracle, which also offers a set of applications for insurers.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsbusiness issuessoftwareSAPCamillion

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?