Insurity Acquires Epic-Premier Insurance Solutions

Insurity Acquires Instec

April 21, 2021

Cloud & SaaS

Insurity, a Hartford-based provider of cloud-based software for P&C carriers and a portfolio company of GI Partners, completed the acquisition of Instec on April 14, 2021. The purchase brings Instec’s SaaS policy administration capabilities into Insurity’s platform to deepen ISO bureau content support, accelerate program business onboarding, and broaden offerings for mid-size P&C carriers and MGAs.

GI Partners Recapitalizes Insurity, Inc.

June 21, 2019

Cloud & SaaS

GI Partners completed a recapitalization of Insurity, Inc., acquiring the leading cloud-based policy administration and analytics software provider for the Property & Casualty insurance industry from existing investors TA Associates, General Atlantic, and Genstar Capital. GI Partners will partner with Insurity's senior management to accelerate growth, expand product capabilities, and pursue add-on acquisitions to drive organic and inorganic expansion.

Insurity Acquires AuSuM Systems

September 29, 2021

Cloud & SaaS

Insurity has acquired AuSuM Systems to integrate AuSuM’s cloud-native premium audit and loss control software into Insurity’s platform, accelerating Insurity’s cloud and analytics capabilities for property & casualty carriers. The deal will allow P&C insurers to automate premium audits and loss control workflows and leverage predictive analytics to improve underwriting accuracy and profitability.

Insurity Acquires Virtual MGA

July 10, 2020

Cloud & SaaS

Insurity completed the acquisition of Virtual MGA on July 7, 2020 for undisclosed terms. The purchase expands Insurity's cloud-based core systems and analytics capabilities for MGAs, London Lloyd’s syndicates, wholesale brokers and the US excess & surplus market by adding Virtual MGA's binding authority underwriting and distribution platform.

TA Associates Makes Growth Investment in Insurity

November 9, 2021

Cloud & SaaS

TA Associates is making a strategic growth investment in Insurity, a Hartford-based provider of cloud-native software and analytics for property & casualty (P&C) carriers, brokers, and MGAs. GI Partners, Insurity's existing investor, remains committed and will continue supporting the company as it seeks to accelerate product development, cloud deployments, and market expansion; Insurity has ~1,500 employees and more than 250 cloud-based customers.

Insurity Acquires Bill It Now

October 19, 2020

Cloud & SaaS

Insurity acquired Bill It Now on October 19, 2020 to strengthen its billing and payments capabilities within its cloud-based core system solutions for insurers, MGAs, and program administrators. The acquisition integrates Bill It Now's billing-as-a-service platform and managed billing department to expand Insurity's direct billing, payment processing, and MGA-focused offerings; terms were not disclosed.