Spraoi
Acquisition in 2021
Spraoi specializes in providing technology-driven insurance services, leveraging an advanced machine learning platform to enhance the insurance experience for consumers, agents, and carriers. The company offers a comprehensive suite of services that includes insurance software as a service (ISaaS), underwriting decision management, data services, billing, collections, commissions, reconciliations, and third-party administration. Spraoi's platform is designed to deliver machine learning algorithms and advanced integration capabilities, allowing for a seamless digital experience that can be easily integrated with various administration systems. This user-friendly interface supports both intermediary-led and direct-to-consumer interactions, streamlining processes throughout the entire insurance lifecycle.
Limelight Health
Acquisition in 2020
Limelight Health, Inc. specializes in developing a cloud-based platform designed to streamline quoting, underwriting, and proposal processes within the employee benefits sector. The platform supports health insurance carriers, general agents, and brokers by automating manual workflows, enhancing sales efficiency, and facilitating plan distribution. It offers a suite of configurable microservices, including quoting, rating, proposal generation, renewals, and data analysis, which enable users to manage their operations more effectively. Additionally, the platform features an integrated API to ensure seamless connectivity with various industry systems, allowing for comprehensive integration across different functions. Founded in 2014 and headquartered in San Francisco, California, Limelight Health operates additional offices in Redding, California, and Des Moines, Iowa, and is a subsidiary of FINEOS Corporation Holdings plc.