Applied Systems Acquires Planck

July 23, 2024

Applied Systems has acquired Planck, an AI-based data platform for commercial insurance, to accelerate and expand AI capabilities across Applied's global insurance software portfolio. The acquisition aims to integrate Planck's real-time data and AI-driven underwriting insights into Applied's products to improve underwriting, renewals, servicing and advisory workflows for carriers and agencies.

Buyers
Applied Systems
Targets
Planck
Location
New York, United States
Transaction Type
Buyout

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