Assured Life Association

Clearwater Analytics Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024
Investment, Machine learning, Cross River Bank, Carpentry, Colcom Foundation, Asset, Digital, Adjustment, ARR, Clearwater Analytics, Assured Life Association, CWIC, Acquisition, NPS, Metropolitan, Intelligence, Risk management, Data management, AUM, Progress, Risk, ACV, Equinix, AppsFlyer

BOISE, Idaho, Feb. 28, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its financial results for the quarter ended December 31, 2023.

Key Points: 
  • Revenue: Total revenue for the fourth quarter of 2023 was $99.0 million, an increase of 19.8%, from $82.7 million in the fourth quarter of 2022.
  • Gross Profit: Gross profit for the fourth quarter of 2023 increased to $70.7 million, compared with $59.7 million in the fourth quarter of 2022.
  • Non-GAAP net income for the fourth quarter of 2023 increased to $24.1 million from $17.2 million in the fourth quarter of 2022.
  • Adjusted EBITDA: Adjusted EBITDA for the fourth quarter of 2023 was $30.0 million, up from $24.3 million in the fourth quarter of 2022.

FINEOS Co-Sponsors First Ever GroupTech Connect: Untangling the Group Insurance Value Chain for 2030

Retrieved on: 
Thursday, September 9, 2021
Software, Technology, Professional Services, Insurance

FINEOS Corporation ( ASX:FCL ) today announced its co-sponsorship with Vericred , of the inaugural GroupTech Connect , a unique event that will host a conversation around resolving the growing complexity of the Group Benefits insurance value chain.

Key Points: 
  • FINEOS Corporation ( ASX:FCL ) today announced its co-sponsorship with Vericred , of the inaugural GroupTech Connect , a unique event that will host a conversation around resolving the growing complexity of the Group Benefits insurance value chain.
  • View the full release here: https://www.businesswire.com/news/home/20210909005041/en/
    As the global leader of Employee Benefits core administration systems, FINEOS is well acquainted with the partnerships and various players across the Group Benefits insurance value chain.
  • GroupTech Connect provides a forum for industry leaders to explore the technology across the Group Benefit ecosystem, core systems, external distribution, and tech partners to meet the increasing challenges reshaping the Group Benefit value chain landscape.
  • The agenda for GroupTech Connect will feature FINEOS and Vericred executives and Group Benefit insurance industry experts to include:
    Keynote Speaker - Amy Friedrich, President of US Insurance Solutions at Principal.

Modern Woodmen Enters New Frontier

Retrieved on: 
Thursday, June 4, 2020
Woodmen of the World, Modern Woodmen of America, Rock Island, Illinois, Woodmen, Illinois, Organizations, Benefit society, Fraternal orders, States of the United States, Assured Life Association, WoodmenLife

Through this partnership, Modern Woodmen will look to fortify its member customers' digital service experiences.

Key Points: 
  • Through this partnership, Modern Woodmen will look to fortify its member customers' digital service experiences.
  • "This partnership with Sureify aligns with our technology initiatives and meets our members' expectations," explained Jerry Lyphout, Modern Woodmen's Chief Operations Officer.
  • "Modern Woodmen is known not just for its products and history, but also for its strong commitment to members and community service.
  • Headquartered in Rock Island, Illinois, Modern Woodmen was founded in 1883 as a fraternal benefit society.