Fiserv/Trident IV Deal Demonstrates Investor Confidence in Insurance Tech Spending

As with the insurance technology investments of large horizontal players such as Oracle and HP, a private equity firm’s purchase of a majority share of Fiserv’s insurance business shows that investors believe insurance carriers will continue to spend on technology. By Anthony O'Donnell The activities of major horizontal industry players such as Oracle (Redwood Shores, Calif.) and HP (Palo Alto, Calif.) have added a new dimension to the insurance technology vendor arena, which continues to yield more-predictable spurts of mergers and acquisitions involving large vertical players assimilating smaller ones. Despite the differences between these types of transactions, both raise questions about how the traditionally dominant insurance technology players will react. Given that context, news of Fiserv's (Brookfield, Wis.) decision... [read full story]