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Applied Systems Acquires Riskhandler

PRIVATEDec 06, 2022

Acquiring Company

Applied Systems

Acquired Company

Riskhandler

ChicagoSoftwareInsurtechInsuranceinformation technology & servicesSoftwareInsurtechInsurance

Description

Applied Europe today announced that it has acquired Riskhandler, a leading insurance solution for commercial lines and niche product distribution. This complementary acquisition will expand Applied’s commercial lines distribution capabilities and bring new innovation to further connect each stage of the insurance lifecycle, benefitting insurers, MGAs, brokers, and insurance customers across the Republic of Ireland and the United Kingdom.

Quick answer

Applied Systems is acquiring Riskhandler, announced December 6, 2022. Applied Systems is based in Chicago, Illinois, United States.

How much did Applied Systems pay for Riskhandler?
The deal value was not disclosed.
What does Applied Systems do?
Applied Systems is a leading global provider of cloud-based software that powers the business of insurance.
Where are Applied Systems and Riskhandler based?
Applied Systems is based in Chicago, Illinois, United States.
Who are the decision-makers at Applied Systems?
Fundz holds 1 contact at Applied Systems. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Insurtech and Insurance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Applied Systems

Location

320 North Sangamon Street

Chicago, Illinois, United States

About

Applied Systems is a leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is one of the world’s largest providers of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

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Frequently asked

Who acquired Riskhandler?

Riskhandler was acquired by Applied Systems, based in Chicago. The deal was reported on December 6, 2022. Applied Systems is a leading global provider of cloud-based software that powers the business of insurance. Applied Systems is privately held and operates in Software.

When did Applied Systems acquire Riskhandler?

Applied Systems's acquisition of Riskhandler was reported on December 6, 2022. Applied Europe today announced that it has acquired Riskhandler, a leading insurance solution for commercial lines and niche product distribution. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Riskhandler do?

It is privately held, operating in Software.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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