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
- Industry
- AI & Machine Learning
- Location
- New York, United States
- Transaction Type
- Buyout
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