Zywave Acquires Strategic Insurance Software (SIS)

Zywave Acquires Insurance Technologies Corporation (ITC)

November 24, 2020

Cloud & SaaS

Zywave, a Clearlake- and Aurora-backed front-office insurance SaaS provider, has acquired Insurance Technologies Corporation (ITC) from Accel-KKR. The deal adds ITC's comparative rating, agency management and marketing solutions to Zywave's Sales Cloud, expanding its product coverage across personal, commercial and benefits lines and increasing its reach into the P&C agency market.

Risk Strategies Acquires Specialty Insurance Solutions

March 30, 2021

Insurance

Risk Strategies, a national specialty insurance brokerage, acquired Specialty Insurance Solutions (SIS) to expand its student health capabilities. The deal brings SIS's expertise in comprehensive student health insurance programs, sport accident insurance and student travel insurance into Risk Strategies' national student health practice.

ReSource Pro Acquires Supportive Insurance Services (SIS)

November 5, 2025

Financial Services

ReSource Pro, a strategic operations partner to the insurance industry, has acquired Supportive Insurance Services (SIS), a provider of licensing and renewal services for agents, brokers, adjusters and insurers. The deal expands ReSource Pro’s compliance and licensing capabilities—adding SIS’s adjuster licensing expertise to ReSource Pro’s existing surplus lines tax, corporate and franchise tax reporting, and other regulatory services.

NexPhase Capital Invests in Insurance Systems Inc.

June 14, 2024

Software

NexPhase Capital has made an investment in Insurance Systems Inc. (ISI), a Toronto-based provider of enterprise policy administration software for the property & casualty insurance market. The capital will support ISI's growth in existing and adjacent markets, product enhancements for integrations, faster implementations and improved analytics; ISI's CEO Casey Kretz will remain in place.

Clearlake Capital Acquires Zywave and Advisen to Build InsurTech Platform

November 17, 2020

Cloud & SaaS

Clearlake Capital completed its acquisition of Zywave and also acquired Advisen, combining Zywave's front-office insurance SaaS with Advisen's insurance data and analytics to form a buy-and-build InsurTech platform. Aurora Capital Partners (the prior majority owner of Zywave) is investing alongside Clearlake to support accelerated organic and inorganic growth; the combined company will be led by Zywave CEO Jason Liu. Financial terms were not disclosed.

Zywave Acquires IBQ Systems

June 30, 2021

Cloud & SaaS

Zywave, a Milwaukee-based insurance technology provider, acquired Spokane, Washington–based IBQ Systems, an insurtech leader in personal lines comparative rating. The acquisition expands Zywave's carrier connectivity and combines IBQ's capabilities with Zywave's TurboRater to create a market-leading personal lines quoting solution for independent agents, particularly improving coverage options in the Pacific Northwest.