(Image source: Enquiron website.)
Zywave (Milwaukee, Wisc.), a provider of distribution-related SaaS solutions to the insurance industry, has acquired Enquiron, a Boston-based provider of risk management and consultative business solutions. Zywave characterizes the acquisition, in combination with its existing portfolio of solutions, as reinforcing its leadership position in these markets. Enquiron is Zywave’s fifth acquisition in less than two years, which the company says represents a reinforcement of its continued commitment to the insurance industry.
“We are incredibly impressed with Enquiron’s combined data, service solutions and processes that result in proven return on investment, long-term relationships and continued growth,” comments Jason Liu, CEO, Zywave. “By joining our two companies together, we look forward to bringing even more resources, support and deep industry knowledge to our shared customers.”
Founded in 1996, Enquiron serves more than 100 property/casualty, healthcare and HCM organizations in the United States. Enquiron provides on-demand risk management solutions in the areas of human resources, healthcare, retirement, cyber and other fields. The company has the capability to show risk management patterns and trends based on aggregate employer events and actions as they engage with the solutions.
Zywave plans to align Enquiron’s solutions and modern user experience within Zywave’s product cloud portfolio. Zywave will leverage Enquiron’s proprietary service offering to further enhance its existing market-leading customer experience and further expand upon its risk management solutions. Zywave’s enhanced services will provide even more value to customers across markets. Over the next several months, Zywave says the leadership teams of both organizations will work on integration operations.
“With this new partnership, we are excited to grow Enquiron to the next level, while expanding the service capabilities and suite of products available to our customers,” comments Mike Naclerio, CEO, Enquiron. “Aligning with a partner like Zywave that has extensive insurance industry experience to understand our customers’ specific needs was of key importance. We are excited for the opportunity to join forces with their team and contribute to a market-leading solution set.”
Advisen, ITC Acquired Nov. 2020
In November 2020, Zywave announced the acquisition of both Advisen, a provider of data, media and technology solutions for the commercial property and casualty insurance market, and ITC, a provider of marketing, rating, and management software and services for the insurance industry.
“Zywave remains committed to bringing industry’s best technology to our partners, empowering them with the tools they need to grow their business,” adds Liu. “We will continue to invest in our existing products, while also enhancing our product portfolio with new acquisitions. At the same time, we are dedicated to providing technical support and consultative services to our partners to help them succeed.”