Selectsys Acquires Expert Insured

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 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.

Acrisure Acquires QuickInsured

June 16, 2022

Insurance

Acrisure has acquired QuickInsured, a tech-enabled insurance agency, to gain access to QuickInsured’s proprietary digital sales funnel and strengthen its digital distribution of personal lines insurance. The acquisition will allow Acrisure to integrate QI’s platform across its verticals—beginning with Real Estate Services—to drive revenue growth and streamline client experience; terms were not disclosed.

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.

Specialty Program Group Acquires the Assets of ESP Insurance Brokerage

July 11, 2022

Insurance

Specialty Program Group LLC (SPG), a holding company for specialty insurance brokerages and underwriting facilities, acquired the assets of ESP Insurance Brokerage LLC, a Worcester-based program administrator focused on sports, events and entertainment insurance. The deal adds niche products, in-house underwriting/binding authority and technology capabilities to SPG's portfolio and is intended to scale ESP's product offerings and service team as part of SPG's specialty insurance platform.