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Applied Systems Acquires Tarmika

PRIVATEAug 16, 2022

Acquiring Company

Applied Systems

Acquired Company

Tarmika

ChicagoSoftwareInsurtechInsuranceinformation technology & servicesInsurance

Description

Applied Systems (“Applied”) today announced that it has acquired Tarmika, a leading commercial lines rating solution that streamlines small business insurance. This complementary acquisition will expand Applied’s commercial quoting and Ivans’ distribution connectivity solutions to create a more valuable and digital distribution experience at each stage of the insurance lifecycle.

Quick answer

Applied Systems is acquiring Tarmika, announced August 16, 2022. Applied Systems is based in Chicago, Illinois, United States.

How much did Applied Systems pay for Tarmika?
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 Tarmika 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

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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 Tarmika?

Tarmika was acquired by Applied Systems, based in Chicago. The deal was reported on August 16, 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 Tarmika?

Applied Systems's acquisition of Tarmika was reported on August 16, 2022. Applied Systems (“Applied”) today announced that it has acquired Tarmika, a leading commercial lines rating solution that streamlines small business insurance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tarmika do?

Tarmika is a single-entry efficiency solution designed to streamline the commercial lines quoting process for independent agents. It is privately held, operating in Insurance.

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

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