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Relation Insurance Services | July 20, 2022
Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of Maryland-based Insurance, Inc. Terms of the transaction were not disclosed. Insurance, Inc. provides personal and commercial lines insurance solutions and employee benefits to clients throughout Maryland and is headquartered in Owings, MD. Amir Krell and Tracy Sutton will continue to lead Insurance, Inc. under Relation ...
Insurance Technology
The Amynta Group | March 15, 2022
Madison Dearborn Partners, LLC (MDP) will increase its investment ratio in Amynta Group. Madison is in the news for acquiring all of the equity interests of Amynta. Madison Dearborn is a leading Chicago-based private equity investment firm, and Amynta is a leading insurance company. In addition, Madison will develop interests in the name of AmTrust Financial Services, Inc. ("AmTrust") and plans to build significant ownership investment in Amynta. The terms of the transaction of investm...
Patra, expert.ai | February 18, 2021
Patra, a main supplier of technology-enabled services for the insurance business, and expert.ai, the chief artificial intelligence solution for natural language understanding and natural language preparing (NLU/NLP), today reported an organization that carries efficiencies to an assortment of insurance processes. This organization conveys AI-powered policy checking to the insurance market today. By brushing expert.ai's technology and expertise alongside the market force of the InsurConneXtio...
Invoice Cloud | March 17, 2021
Invoice Cloud, an EngageSmart answer for online bill payment services, today reported huge development in the insurance industry, having marked 150 insurance clients in three years. Invoice Cloud presently serves clients in large commercial and personal lines, laborer's compensation, farm bureaus, medical malpractice, regional carriers, and managing general agents (MGAs)— supplanting significant contenders more than 40 times. The previous year brought a restored push for...
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