Insurity Acquires AQS
With absorption of AQS, provider plans to offer advanced ISO rating services.
Insurance Networking News, March 5, 2013
Insurity, Inc., a provider of core insurance processing software and services, today announced its acquisition of Hartland, Wis.-based insurance software firm AQS, Inc.
Insurity plans to absorb AQS’ considerable assets, including the company’s unique relationship with ISO, which a release about the acquisition calls “one of the most significant additions to Insurity’s expanded solutions and services.”
“We continue to be committed to provide ISO advisory content through the ISO Rating Service platform and we are pleased to have a strategic relationship with Insurity,” said Verisk Analytics President and COO Scott Stephenson. “As a leading provider of ISO enabled policy administration solutions, Insurity is a valued member of our alliance network.”
As a result of the acquisition, Insurity now plans to offer a enterprise policy processing platform with advanced configuration and tooling capabilities, according to the provider, including enterprise capability, configurable rating and comprehensive tooling.
“We’re thrilled to have the talented and dedicated AQS staff join the Insurity team,” said Jeffrey Glazer, president and CEO, Insurity. “Our customers look to us for robust solutions, but they also want to be able to choose from a wider range of options and have a greater level of control. We’ve listened to our customers, we’ve learned, and we’re responding.”
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