Friday, August 14, 2020

Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B  —  Duck Creek Technologies Inc., a software provider for insurers, climbed 48% in its trading debut after raising $405 million …



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...