Decision Research Corporation
Acquisition in 2024
Decision Research Corporation (DRC) is a software development and information technology company established in 1971, known for its expertise in providing policy administration software solutions to the Property & Casualty insurance sector. DRC specializes in end-to-end functionality for insurance companies and managing general agents, offering both comprehensive enterprise systems and targeted components for various operational needs, including quoting, rating, billing, and claims. Its flagship product, GameChanger®, is a modern, web-based suite of insurance applications that delivers a complete quote-to-claim system, available for deployment in the cloud or on-premises. With over four decades of experience, DRC continuously enhances its offerings to help clients optimize their operations and achieve greater efficiency and value in their insurance processes.
Global IQX
Acquisition in 2022
Global IQX is a technology company that provides a web-based software solution designed for insurance underwriting and sales automation. Their platform features a comprehensive range of configurable components and modules, allowing businesses to tailor the system to meet their specific needs. The software facilitates various functions, including quoting, rating, proposal generation, renewals, and document management, while ensuring seamless integration with other systems. Global IQX's technology is scalable, catering to diverse product lines and customer segments from small businesses to large enterprises with complex requirements. The platform supports census data in multiple formats, adheres to ACORD standards, and offers multilingual capabilities, alongside multi-carrier functionalities. By leveraging advanced artificial intelligence tools, Global IQX aims to enhance efficiency in the employee benefits industry, enabling clients to conduct online quotations and enrollment transactions with ease.
Integrow Asset Management
Corporate Round in 2021
Integrow Asset Management is a real estate-focused asset management firm that specializes in real estate investments. The company is dedicated to enhancing value through insightful investment services and effective processes. Integrow aims to transform the real estate landscape by promoting sustainable democratization, ensuring that clients can confidently navigate their investment strategies with integrity and energy. Through its commitment to innovation and client service, Integrow Asset Management seeks to deliver meaningful results in the real estate sector.
K2V2 provides Software as a Service (SaaS) products, services and Enterprise Software catering to the real estate industry.
Utilant
Acquisition in 2021
Utilant is an enterprise software company that specializes in providing a Survey Management SaaS Product Suite tailored for the insurance industry, focusing on Loss Control and Premium Audit surveys. The company offers advanced InsurTech solutions that deliver predictive risk insights through its Loss Control 360 platform. This platform uses the largest repository of survey data in the industry, complemented by a suite of workflow tools to support more informed underwriting decisions. By automating the loss control workflow, Utilant's software enables insurance carriers to streamline information collection, reduce risk, and enhance their operational efficiency in managing workflows.
ClaimVantage
Acquisition in 2021
ClaimVantage is a provider of cloud-based software designed to assist insurance companies, Third Party Administrators, and employers in managing life, health, and absence claims. The company's platform is hosted on Salesforce and offers an intuitive, configurable interface that streamlines the claims management process. It supports a wide range of group, individual, and worksite life and health products, enabling users to handle various policy benefits efficiently. ClaimVantage's software is continuously enhanced by industry experts, ensuring it remains up-to-date with market trends and legal requirements. This integration helps clients minimize fraud, improve productivity, and reduce implementation costs while providing superior customer service in a competitive landscape.
Inspro
Acquisition in 2020
InsPro Technologies is a technology company that specializes in providing software solutions for the insurance industry. Its primary product, InsPro Enterprise, is a comprehensive web-based software application designed for the administration of group and individual insurance policies, including health, life, and annuities. InsPro Enterprise facilitates operations across the entire insurance lifecycle, managing essential functions such as billing, claims, and payments, while supporting various channels and users within insurance agencies. The software's web-based architecture allows for the consolidation of multiple policies onto a single processing platform, enhancing efficiency. In addition to the software, InsPro offers optional services such as hosting, application management, technical support, and consulting. The company generates revenue through software licenses, service fees, maintenance fees, and implementation services.
Exaxe is a consultancy and software company based in Dublin, Ireland, established in 1997. It specializes in providing software solutions tailored to the financial services sector, particularly life, pensions, and wealth management. The company operates two divisions: Exaxe Consulting, which offers business and technical expertise throughout project phases, and Exaxe Product Solutions, which delivers innovative SaaS products that facilitate the launch and administration of financial products. Its digital platform supports the complete lifecycle of financial services, from automated advice and sales to administration and claims management. By offering a pay-per-usage model, Exaxe allows its clients to utilize its solutions without incurring large upfront licensing fees, ensuring accessibility from any location. Its client base includes prominent organizations such as AXA Life Invest, Prudential Europe, and Retirement Advantage, enabling them to respond effectively to market demands and improve operational efficiency. As of August 2019, Exaxe operates as a subsidiary of Majesco.
Cover-All Technologies
Acquisition in 2015
Cover-All Technologies specializes in providing innovative software solutions for the property and casualty insurance industry. The company offers dynamic web-based platforms designed to streamline business management for insurance professionals, including insurance companies, agents, brokers, and managing general agents. With a focus on leveraging extensive industry experience, Cover-All's products aim to enhance operational efficiency, expedite product delivery to market, improve quality, and reduce costs. The company provides both custom solutions and off-the-shelf products that cater to the specific needs of its clients, ensuring they have the technical support necessary for business success.