Crossfire in insurtech: Comulate strikes back at Applied System’s trade secrets suit

Comulate also claims that Applied has “weaponized a sham lawsuit,” told customers Comulate is about to “go out of business,” and threatened to cut off clients that continue working with Comulate, describing these steps as efforts “to eliminate the competitor that Applied and its private equity owner, Hellman & Friedman LLC, are ‘very scared of’ and track as ‘#1 on their list of competition.’”

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