CORE SYSTEMS/Underwriting

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  Gradient AI Secures $20 Million in Series B Financing

  Staff Writer | April 22, 2021

  Funding to Meet Demand and Drive Further Growth of Its Artificial Intelligence and Machine Learning Solutions...

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  FRISS Acquires Terrene Labs

  Staff Writer | April 13, 2021

  Industry leaders in providing commercial insurers with comprehensive risk insights, Terrene will be a fundamental addition to the FRISS product family...

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  e2Value Partners with Betterview to Enrich Property Intelligence for Underwriters

  Staff Writer | March 30, 2021

  e2Value provides instant property value estimates for residential and commercial structures with only an address...

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  Columbia Insurance Group Partners with Betterview

  Staff Writer | March 10, 2021

  P&C insurer partners with insurtech Betterview to streamline its property underwriting processes...

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  Electronic Chat with Anne-Laure Klein, COO, Akur8

  Laura Mazzuca Toops | March 09, 2021

  Anne-Laure Klein is CCO of Akur8, a Paris-based SaaS insurtech specializing in insurance pricing optimization using its proprietary product...

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  Nexilis’ Distribution Platform Selected by W.H. Greene and Associates to Drive Underwriting Transformation

  Staff Writer | January 06, 2021

  Commercial MGA to use Nexilis Distribution in the cloud to create efficiency and cost savings...

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  Are You Addicted to Copy-and-Paste?

  Bob Frady | December 16, 2020

  Too many insurers adopt a copy-and-paste mentality when it comes to state filings. It's time to kick the habit, says HazardHub CEO Bob Frady...

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  Next Insurance Acquires Juniper Labs

  Staff Writer | December 14, 2020

  The company's first acquisition will further innovation in workers' compensation and general liability product offerings through advanced machine...

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  Orchid Insurance Partners with Betterview to Enhance CAT-Exposed Property Underwriting

  Staff Writer | December 08, 2020

  Orchid Insurance will leverage Betterview’s technology to build on its underwriting capabilities for commercial properties...

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  Sapiens Releases New Version of IllustrationPro and ApplicationPro Modules for Life & Annuities Market

  Staff Writer | December 08, 2020

  Provides strong, digital, end-to-end experience and advanced self-sufficiency for agents and brokers...

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  Sapiens, LifeScore Labs Team Up to Innovate Life Insurance Underwriting

  Staff Writer | December 04, 2020

  Partnership will bring machine learning models to life insurers' mortality risk assessment, boosting accuracy and reducing underwriting costs...

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  MSO Partners with Athenium Analytics

  Staff Writer | December 02, 2020

  Insurtech provides software solutions that empower clients to manage and measure insurance risk and quality...

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  Ask Kodiak Partners with CIP for Real-Time Appetite and EligibilityReal-Time Appetite and Eligibility

  Staff Writer | December 02, 2020

  CIP delivers a bolt-on efficiency solution through digital partnerships focused on lead acquisition, conversion, and risk appetite management...

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  Majesco Supports Launch of HSB Total Cyber™ for Digital Distribution on Majesco CloudInsurer® in 16 Weeks

  Staff Writer | November 10, 2020

  MVP launch rapidly brings new & innovative products to the market...

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  Convr Launches Convr Insider, Complimentary Underwriting Tool for Commercial P&C Carriers

  Staff Writer | October 20, 2020

  Using Convr Insider, commercial insurers can access insights on recent trends impacting a business, including COVID-19, supporting better underwriting...

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  Sagicor Life Insurance Company and Vida Life Announce Partnership

  Staff Writer | September 14, 2020

  Partnership creates quality bi-lingual experience, allowing both companies to provide a new, innovative life insurance purchasing experience...

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  Underwriting in 3D: Using Data to Adapt and Improve Life Insurance Sales

  Denise Garth | August 28, 2020

  Denise Garth of Majesco discusses how life insurers can leverage technology to transform the buyer experience into value-added protection at the point...

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  CoverWallet Announces New Digital Insurance Package for Venture-Backed Startups

  Staff Writer | August 04, 2020

  Management liability package includes Directors & Officers, Employment Practices Liability, and Fiduciary coverage offered instantly online...

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  Gig Worker Insurtech Buckle Gets $31 Million Series A Funding

  Staff Writer | August 04, 2020

  New model uses fresh sources of data to underwrite risks and fills gaps in conventional policies, while making insurance affordable, accessible for...

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  MGA Foresight Selects Convr Underwriting Platform

  Staff Writer | July 22, 2020

  New workers' comp MGA selects Convr’s underwriting decision automation platform for underwriting quality, speed and efficiency...

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  Majesco Enables United Educators Digital Transformation

  Staff Writer | July 16, 2020

  Operational innovation using embedded RPA reduces underwriting time to completion process...

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  Policygenius, Brighthouse Financial Launch SimplySelect

  Staff Writer | June 09, 2020

  New product features convenient application process, streamlined underwriting...

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  Zesty.ai Releases Property Change Detection Product Powered By AI

  Staff Writer | November 19, 2019

  Z-BOOK™ Improves Risk Assessment, Ensures Accurate Insurance Coverage, and Customer Safety by Monitoring Property Changes...

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  Oxfam, Etherisc, and Aon Deliver Pay-Outs with First Blockchain-Based Agricultural Insurance Policies for Smallholder Farmers in Sri Lanka

  Staff Writer | November 04, 2019

  Oxfam in Sri Lanka, the organization working to alleviate poverty; Etherisc, the insurtech startup developing a protocol for decentralized insurance...

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  Chisel AI Named as an IDC Innovator for Insurance Sales Automation Solutions

  Staff Writer | October 16, 2019

  Leading Analyst Firm Profiles Chisel AI with Four Other Companies Using Advanced Technologies to Enhance Insurance Sales Processes...

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  Principal Financial Group Partners with EIS Group on Disability Insurance

  Laura Mazzuca Toops | October 09, 2019

  A new partnership with EIS Group will help Principal Financial Group® simplify the process of buying and servicing disability insurance...

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  Selective Insurance Partners with DataCubes to Automate Intelligence Gathering and Increase Underwriting Productivity

  Bill Sinn | June 11, 2019

  DataCubes, a leading decision automation platform for commercial P&C underwriting, announced today that Selective Insurance Company of America, the...

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  Stonetrust Commercial Insurance Selects Insurity’s Cloud-hosted ‘Workers’ CompXPress Suite’ to Improve Operations and Customer Experience

  Bill Sinn | April 15, 2019

  Insurity, Inc., announces that...

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  Beazley US Launches New Small Commercial Package on DRC Policy Platform

  Bill Sinn | April 04, 2019

  Power and flexibility of DRC solutions accelerate program rollout and reduce time to market for new products...

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  Insurers Embracing Machine Vision for Underwriting and Claims, Says Novarica

  Bill Sinn | March 19, 2019

  Novarica profiles 8 vendors of machine vision solutions...

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  30% of Insurers Plan to Expand Use of Blended IT Staffing, Novarica Profiles 41 Vendor Solution Providers

  Bill Sinn | March 12, 2019

  IT services providers fulfill demands for modernization, innovation, and rare skill sets...

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  Cyber Liability Market and Assessment Vendor Market Both Growing, Says Novarica

  Bill Sinn | March 07, 2019

  New report provides overview of 11 Cyber Risk Assessment solutions for insurers...

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  DataCubes Achieving Exponential Growth, Set to Reach 70 Employees in 2019

  Bill Sinn | February 26, 2019

  Capping off a Period of Rapid Growth, DataCubes Expands Senior Leadership Team and Adds Glenn Cannon as VP Sales...

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  RLI Selects DataCubes to Optimize Certain Underwriting Processes

  Bill Sinn | February 14, 2019

  Insurtech Startup to Help Specialty Insurer Improve Customer Experience and Productivity...

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  Spinnaker Selects TigerEye to Support Underwriting Strategy

  Staff Writer | August 14, 2017

  Spinnaker announces that it has selected TigerRisk Partners’ TigerEye platform to structure its overarching corporate reinsurance portfolio...

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  GWG Names Nodine to Lead Insurtech Division

  Staff Writer | June 30, 2017

  GWG Holdings, Inc., the parent company of GWG Life, announces that insurance technology expert Tom Nodine has joined as its executive vice president...

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  Rearer Named CEO of Patriot Underwriters

  Staff Writer | May 17, 2017

  Patriot Underwriters (PUI), a subsidiary of Patriot National, announces the promotion of John Rearer to Chief Executive Officer...

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  StoneRiver Releases Latest Version of LifeSuite Automated Underwriting

  Staff Writer | February 08, 2017

  StoneRiver announces the release of Version 9.0 of LifeSuite Automated Underwriting. The new version is available now and provides the latest set of...

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  DropIn Raises Assessment Accuracy with HD Image Capture

  Staff Writer | December 02, 2016

  DropIn, Inc., a provider of live video and still image capture via drones and smartphones for the P&C insurance and automotive industries, announces...

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  SAIF Selects Guidewire’s Policy, Billing Systems

  Staff Writer | September 29, 2016

  Guidewire Software announces SAIF Corporation, Oregon’s not-for-profit, state-chartered workers’ compensation insurance company, will be implementing...

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  Adsensa Launches Business Application for North American P&C Market

  Staff Writer | September 13, 2016

  Adsensa announces the introduction of its Adsensa Submission Analysis offering, specifically designed for the North American P&C insurance market...

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  Instec Expands into Underwriting with the Hiring of Pamplin

  Staff Writer | August 26, 2016

  Instec announces the hiring of Jason Pamplin to lead the development of a new underwriting system...

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  As Risk Gets More Complex, Underwriting Roles Changing

  Karen Pauli | August 16, 2016

  The underwriting staff for an insurance carriers has a bright future. Roles are changing, however, like almost everything in insurance...

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  Guidewire to Acquire FirstBest Systems

  Staff Writer | August 04, 2016

  Guidewire Software, a provider of software products to P&C insurers, and FirstBest Systems, a provider of an underwriting management system for P&C...

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  Celent Report Looks at New Ingredients in Underwriting

  Staff Writer | July 21, 2016

  Celent has issued a new report on underwriting, Reinventing Underwriting: New Ingredients for the Secret Sauce...

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  Novarica Survey Shows Areas of Investment for Commercial Lines Insurers

  Staff Writer | July 20, 2016

  Technology investments to support data initiatives are increasingly important as commercial lines insurers look to leverage data from a wider variety...

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  Valen Underwriting Survey Shows Hesitancy from Carriers

  Staff Writer | July 12, 2016

  Valen Analytics announces the findings from their second annual underwriting analytics survey...

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  FirstBest Partners with GhostDraft to Offer Custom Quotes, Proposals

  Staff Writer | June 23, 2016

  FirstBest Systems and GhostDraft announce a partnership that enables FirstBest customers to quickly and accurately produce custom quotes and proposal...

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  Slice Labs Raises $3.9M Seed Funding for On-demand Solution

  Staff Writer | March 29, 2016

  Slice Labs Inc., an insurtech startup set to launch an on-demand insurance platform to support the on-demand economy, announces it has secured $3.9...

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  QBE North America Selects the FirstBest Underwriting Management System

  Staff Writer | November 10, 2015

  FirstBest Systems announces that QBE North America has selected the FirstBest Underwriting Management System, agent portal, and data integration/...

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  Canadian Insurer Picks Guidewire for Underwriting, Policy Management

  Staff Writer | October 09, 2015

  SSQauto, a Quebec direct insurer and Guidewire Software announce that SSQauto has successfully implemented Guidewire PolicyCenter as its new...

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  Bass Underwriters Selects ClarionDoor's Cloud Rating Solution

  Staff Writer | October 07, 2015

  ClarionDoor announce Bass Underwriters has signed an agreement to license ClarionDoor’s Cloud Rater, which supports ISO rating content via ISO...

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  Prepared Insurance Integrates Verisk Analytics Tool to Support Expansion

  Staff Writer | October 07, 2015

  Verisk Insurance Solutions announces that Prepared Insurance Company has integrated Verisk's underwriting analytics into its policy management system...

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  Heritage Bundles Verisk's LOCATION Suite to Provide Risk Management

  Staff Writer | October 02, 2015

  Verisk Insurance Solutions announces that Heritage Property & Casualty Insurance Company is integrating the LOCATION suite of services into its...

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  Global IQX Integrates Group Insurers’ Quoting, CRM Systems

  Staff Writer | September 16, 2015

  Global IQX unveiled an application that streamlines employee benefits insurers’ business processes by integrating sales management and underwriting...

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  Valen Survey Shows Actuaries, Underwriters at Odds Over Pricing

  Staff Writer | September 16, 2015

  Valen Analytics announces findings from a survey confirming a long-standing internal conflict remains over pricing, spotlighting a fundamental issue...

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  Basler Deploys Guidewire Systems for Underwriting, Billing

  Staff Writer | September 09, 2015

  Basler and Guidewire Software announce the successful implementation of Guidewire PolicyCenter as Basler’s new underwriting and policy administration...

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  Atlas General Completes Implementation of FirstBest Underwriting System

  Staff Writer | August 10, 2015

  FirstBest Systems announces that Atlas General Insurance Services successfully completed the rapid implementation of the FirstBest Underwriting...

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  Verisk Adds Hazard Scoring to Commercial Property Surveys

  Staff Writer | August 10, 2015

  Verisk Insurance Solutions announces that the Relative Hazard Percentile is now provided on all field surveys performed by the company...

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  Drone Technology Soaring in Interest for Insurers

  Karen Furtado | July 20, 2015

  In early 2014 the first commercially available drone debuted in the consumer market. From the beginning, demand was phenomenal as both professionals...

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  FirstBest Enhances Underwriting Analytics, Integration with New Release

  Staff Writer | June 19, 2015

  FirstBest Systems announces the release of FirstBest Suite 7.0 for property & casualty insurance...

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  New Guidewire App Assists Underwriters

  Staff Writer | May 18, 2015

  Guidewire Software announces the availability of a new Guidewire Live app for insurance underwriters...

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  Life and Specialty Ventures Selects Global IQX’s Sales and Underwriting System

  Staff Writer | May 07, 2015

  Life and Specialty Ventures, announces it has selected Global IQX’s Sales and Underwriting Workbench for underwriting, rating, illustrations and...

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  Next Generation of Underwriting Comes Down to Five Concepts

  Deb Smallwood | April 07, 2015

  The benefits of next generation underwriting for complex risks are quantifiable and real. So when, where, and how do you start...

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  Plugging the Underwriting Leaks

  Michael P. Voelker | December 19, 2014

  Because leakage can no longer be tolerated in a competitive market, commercial lines insurers are capitalizing on technology to increase underwriting...

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  Capital Insurance Opts for Guidewire’s Policy Solution

  Staff Writer | December 16, 2014

  Capital Insurance Group and Guidewire Software, Inc., announce that the insurer has selected Guidewire PolicyCenter as its new underwriting and policy...

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  American Access Casualty Goes Live on SpeedBuilder’s BindExpress

  Staff Writer | September 03, 2014

  SpeedBuilder Systems, Inc., announces that American Access Casualty Company (AACC) has gone live with the BindExpress Product Configurator, Rating...

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  Technology Upgrade Makes it All Better

  Robert Regis Hyle | August 26, 2014

  Paul Zamora has been with ICW group for eight years, but he remembers well the inefficiencies he found when he arrived. Today, with continued...

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  Commercial Lines Underwriters the Multi-Taskers of Insurance

  Robert Regis Hyle | August 11, 2014

  Is the commercial lines arena the last great frontier for underwriting? Commercial lines has been the domain of carriers that has remained resistant...

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  StoneRiver Survey Reports Low Adoption of Point-of-Sale Decisioning

  Staff Writer | August 11, 2014

  In March, StoneRiver surveyed life carriers in the U.S. to determine the current level of point-of-sale decisioning (POSD) implementation across...

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  Competitive Factors Increase Challenge of Florida Underwriters

  Robert Regis Hyle | July 21, 2014

  Insuring your property is one of the largest annual expenditures that American homeowners face and like most bills, it’s not pleasant for them...

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  Life Insurer Selects Global IQX Solution for their Group Benefits System

  Staff Writer | June 04, 2014

  Global IQX announces that The Co-operators Life Insurance Company had selected its platform for underwriting, rating, illustrations and reports for...

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  LexisNexis Solution Predicts Commercial Auto Scores

  Staff Writer | May 06, 2014

  LexisNexis Risk Solutions announces the availability of LexisNexis Attract for commercial auto underwriting, a proprietary predictive analytics model...

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  Memories of Manual Rating

  Karlyn Carnahan | May 05, 2014

  Once upon a time, long ago when I was an underwriter, we manually rated risks—yes, on a napkin—and quoted them over the phone. Risk assessment was...

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  StoneRiver Enhances Automated Underwriting System

  Staff Writer | May 01, 2014

  StoneRiver, Inc. announces the introduction of the enhanced version 7.5 of LifeSuite, its automated underwriting system. The new version provides the...

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  Verisk Launches Mobile App for Vehicle Inspections

  Staff Writer | April 29, 2014

  Verisk Insurance Solutions – Underwriting announces the availability of RISK:check Virtual Inspector, a mobile application designed to improve the...

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  Global IQX Releases Latest Employee Benefits Software

  Staff Writer | April 08, 2014

  Global IQX introduced version 4.6 of its software platform, incorporating many enhancements to its IQX Underwriting Workbench for employee benefits...

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  SMA Study Highlights Differences in Commercial Lines Risks

  Staff Writer | March 18, 2014

  Strategy Meets Action has released a new research report, State of Commercial Markets Underwriting Automation that focuses on findings related to all...

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