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SAP to buy Camilion for insurance software
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TOPIC: SAP to buy Camilion for insurance software
#435
SAP to buy Camilion for insurance software 4 Years, 9 Months ago  
SAP is expanding its array of software products for the insurance industry with the acquisition of Camilion.

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 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.
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#439
Re: SAP to buy Camilion for insurance software 4 Years, 7 Months ago  
Both Oracle and SAP continue to make acquisitions in the industry specific software area. Over the last 36 month you will see acquisitions in banking, retail, taxation, billing etc..

We should be happy to see ERP players bring all this stuff on board and integrate it.
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