Insurity Acquires Instec

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 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 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.

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 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.

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.