Capital Markets Fintech News

Insurity Acquires Epic-Premier to Advance Leadership in the MGA Market

Insurity Strengthens Billing and Payments Offerings with Bill It Now Acquisition

Insurity, Inc., a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, announced that it has completed the acquisition of Florida-based Epic-Premier Insurance Solutions, Inc. The acquisition further strengthens Insurity’s position in the growing managing general agent (MGA) market.

Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities

“Epic-Premier is a standout addition to Insurity’s already expansive suite of digital core system solutions, bringing capabilities specifically designed to support MGAs and adding substantial breadth and depth of market experience to our team”

Epic-Premier offers end-to-end core system software solutions for a diverse client base of MGAs, program managers, and wholesale brokers. Its technology, purpose-built to meet the unique needs of MGAs, combined with Insurity’s industry-leading digital platform and cloud services, will help these property & casualty professionals streamline their business operations across the entire policy lifecycle, increase the automation of both standard and specialty insurance lines, and improve the speed and agility needed to meet an ever-growing set of bespoke client requirements. The solution can also be leveraged by carriers and brokers who currently manage MGA networks or who wish to create MGA networks to broaden their market reach.

Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group

“Epic-Premier is a standout addition to Insurity’s already expansive suite of digital core system solutions, bringing capabilities specifically designed to support MGAs and adding substantial breadth and depth of market experience to our team,” said Chris Lafond, CEO of Insurity. “Together with our cloud expertise and wealth of data assets, we have greatly expanded our solution offerings for MGAs and are well-positioned for leadership of this market.”

“With Insurity’s cloud leadership and with the technological maturity of their digital platform, we are able to accelerate our transition to cloud and API-based architectures and deliver greater value to our clients,” said Kevin Grimes, CEO of Epic-Premier. “In addition, Insurity’s extensive client base and deep industry relationships will enable us to bring our solutions to a broader audience. We are excited to continue to provide our clients the same exceptional service, along with the additional tools and resources needed to help them drive significant business value.”

Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group

Related posts

Ondot Hires Key Executives to Drive Growth of Digital Payments Technology Throughout EMEA

Fintech News Desk

Startup Invest Launches First of its Kind Machine-Learning Investment Platform

Business Wire

Crypto Round-up by Kalkine Media: Winds of Change Ahead as Institutions Embrace Crypto Assets

Fintech News Desk
1