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Insurity Acquires Ausum Systems, Enabling P&C Carriers To Improve Profitability Through Cloud-Based Analytics-Driven Premium Audits And Loss Control Software

Sep 29, 2021almost 4 years ago

Acquiring Company

Insurity

Acquired Company

Premium Audits Loss Control Software

HartfordMobileSoftware

Description

Insurity, a leading provider of cloud-based software for property and casualty (P&C) carriers, brokers, and MGAs today announced that it has completed the acquisition of AuSuM Systems. AuSuM Systems, which stands for “Audit and Survey Management,” provides fully integrated, cloud-native software for P&C carriers. AuSuM’s solutions empower insurers to automate their entire premium audit and loss control processes and significantly improve efficiency and profitability. Leveraging over 26 million past audits and surveys completed, AuSuM is the only vendor that provides both premium audit and loss control software. This acquisition also accelerates Insurity’s cloud leadership and furthers its vision of empowering P&C insurers by delivering the world’s most configurable, easy-to-use, and intuitively analytical software suite.

Company Information

Company

Insurity

Location

Hartford, Vermont, United States

About

Insurity is a leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs. Insurity is trusted by 15 of the top 25 P&C Carriers in the US and has over 275 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and thought leadership, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners.

FundzWatch™ Score

78
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed