ATLANTA, Feb. 12—Gartner, Inc., the world’s leading information technology research and advisory company has named SunGard a Megavendor in the December 2009 report, “Insurance Megavendors 2009: Consolidation and Progress Update.” Gartner defines Megavendors as “insurance software vendors that offer a wide range of applications to meet the business needs of P&C and life insurance companies.”
The report finds that consolidation is a major factor in the insurance technology space, with a reduction in....