INSURANCE TECHNOLOGIES CORPORATION

Accel-KKR Completes Sale of Insurance Technologies Corporation (ITC)

Retrieved on: 
Wednesday, December 23, 2020
BSE SENSEX, NIFTY 50, Kohlberg Kravis Roberts, Insurance, ITC Limited, Companies, Finance, Investment

We are so pleased to have partnered with the ITC team on scaling the company and achieving their vision."

Key Points: 
  • We are so pleased to have partnered with the ITC team on scaling the company and achieving their vision."
  • During Accel-KKR's holding period, ITC made a series of strategic acquisitions to expand its product suite and geographic coverage.
  • In August 2019, ITC acquired SmartHarbor to expand its offering in insurance agency marketing solutions.
  • Insurance Technologies Corporation (ITC), founded in 1983, provides websites, agency marketing, comparative rating, and management software and services to the insurance industry, including independent agents and insurance carriers.

Clearlake Capital And Aurora Capital-Backed Zywave Acquires Insurance Technologies Corporation (ITC)

Retrieved on: 
Tuesday, November 24, 2020
Private equity firms, Investment, Alternative investment management companies, Accel-KKR, Kohlberg Kravis Roberts, Accel, Insurance, Software as a service

SANTA MONICA, Calif. and MILWAUKEE, Nov. 24, 2020 /PRNewswire/ --Zywave, Inc. ("Zywave"), the leading provider of front office distribution SaaS solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Aurora Capital Partners ("Aurora"), today announced that it has signed a definitive agreement to acquire Insurance Technologies Corporation ("ITC"), a leading provider of marketing, rating and agency management software solutions to the insurance industry, from Accel-KKR.

Key Points: 
  • SANTA MONICA, Calif. and MILWAUKEE, Nov. 24, 2020 /PRNewswire/ --Zywave, Inc. ("Zywave"), the leading provider of front office distribution SaaS solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Aurora Capital Partners ("Aurora"), today announced that it has signed a definitive agreement to acquire Insurance Technologies Corporation ("ITC"), a leading provider of marketing, rating and agency management software solutions to the insurance industry, from Accel-KKR.
  • Zywave leads the insurance tech industry, fueling business growth for its partners with cloud-based sales management, client delivery, content and analytics solutions.
  • Insurance Technologies Corporation (ITC), founded in 1983, provides websites, agency marketing, comparative rating, and management software and services to the insurance industry, including independent agents and insurance carriers.
  • Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives.

ITC Named Top Technology Provider by Insurance Business America For Fourth Year in a Row

Retrieved on: 
Wednesday, June 12, 2019
Economy, Finance, BSE SENSEX, CNX Nifty, Insurance, Insurance industry, ITC Limited

CARROLLTON, Texas, June 12, 2019 /PRNewswire-PRWeb/ --Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, announced today that readers of Insurance Business America have named ITC a top technology provider for the fourth year in a row.

Key Points: 
  • CARROLLTON, Texas, June 12, 2019 /PRNewswire-PRWeb/ --Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, announced today that readers of Insurance Business America have named ITC a top technology provider for the fourth year in a row.
  • To determine top technology providers, Insurance Business America surveyed agents on their preferred technology across multiple product categories.
  • "We appreciate our agents and their continued support of ITC, and we work every day to be their top technology provider."
  • On the Insurance Website Builder platform, ITC has created and hosted more than 8,400 insurance agency websites.