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Applied Systems Acquires Planck

07.24.24

Simpson Thacher is representing Applied Systems, a portfolio company of Hellman & Friedman and one of the world’s largest providers of agency and brokerage management systems, in its acquisition of Planck Resolution LTD, the leading artificial intelligence company for the insurance industry.

The Simpson Thacher team includes Atif Azher, Naveed Anwar, Shaneel Parikh, Marina Hernandez and Abby Kieker (M&A); Russell Light (Tax); David Rubinsky and Allison Sutherland (Executive Compensation and Employee Benefits); Ron Ben-Yehuda and Bobbie Burrows (Intellectual Property); Karen Kazmerzak and Allison Davido (Antitrust); and Steven DeLott (Insurance).