TA Associates Makes Growth Investment in Insurity

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 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.

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.

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 Epic-Premier Insurance Solutions

June 25, 2020

Software

Insurity, a Hartford-based provider of cloud-based core system solutions and data analytics for insurers, completed the acquisition of Florida-based Epic-Premier Insurance Solutions on June 22, 2020. The deal adds Epic-Premier’s ConceptOne policy administration capabilities to Insurity’s platform to strengthen its position and product offering in the managing general agent (MGA) market; terms were not disclosed.

TA Associates Invests in Adcubum and tech11 to Build Leading European Insurance Software Provider

December 10, 2021

Cloud & SaaS

TA Associates announced a strategic growth investment in Swiss insurance software provider Adcubum AG and German P&C software company tech11 GmbH to create a leading health and property & casualty (P&C) insurance software provider across Europe. The investment will combine Adcubum’s Syrius core platform and tech11’s cloud-native P&C platform to accelerate product innovation, expand go-to-market reach and pursue organic and acquisitive growth across European insurance markets.