Like LeapLife

closed 4/23/2020 via PR Newswire

Even Financial, acquired LeapLife

synopsis: Even Financial, the leading API for financial services search, acquisition, and monetization, has acquired LeapLife, an insurtech platform and digital life insurance agency. The acquisition allows Even Financial to commence its insurance services, aimed at simplifying and enhancing the way consumers search, compare, and get matched with insurance p
buyer: Even Financial
Even Financial is a B2B fintech company transforming the way financial institutions connect with consumers. The company connects consumers to personalized offers for loans, savings, credit cards, and more with the leading API for financial services search, acquisition, and monetization. "
target: LeapLife
LeapLife is an established insurtech platform and digital life insurance agency that utilizes data science, deep underwriting knowledge, and proprietary technology, enabling consumers to apply for instant-decision life insurance policies with real-time quotes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/7/2019 via Company Press Release

Apollo Insurance Solutions Ltd., will acquire Insura Solutions

synopsis: Apollo Insurance Solutions has acquired insurtech startup Insura, and its founder & CEO, Josh Pillsbury, has joined the Apollo team. Insura Solutions is a Vancouver-based insurance technology start-up focused on providing solutions to real industry problems affecting commercial insurance underwriters.
buyer: Apollo Insurance Solutions Ltd.
The Apollo Exchange is Canada’s largest online insurance marketplace. Apollo empowers brokers to instantly quote, bind, and issue policy documents for hundreds of classes of small business in real time. "
target: Insura Solutions
Insura Solutions is a Vancouver-based insurance technology start-up focused on providing solutions to real industry problems affecting commercial insurance underwriters, brokers and agents in both the standard and surplus lines markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/31/2017 via BNC Analysis

10503070 Canada Inc., acquired Hubio Exchange

synopsis: The Canadian division of Hubio, Hubio Exchange, a leading provider of technology solutions that connect insurers with industry services, business partners, regulatory bodies and end-consumers, has announced a management buyout has been finalized. The acquirer is 10503070 Canada Inc, led by Pat Durepos and Phil Henville.
buyer: 10503070 Canada Inc.
10503070 Canada Inc., operating as Hubio Technology, is led by Pat Durepos, widely known across the Canadian Insurance sector, and Phil Henville. Pat is a long-term industry leader both as a broker and as the head of Keal Technology. "
target parent: Watchstone Group plc
target: Hubio Exchange
Hubio Exchange is a technology company that allows P&C insurers to connect digitally with policyholders, brokers, regulatory bodies and agents. Hubio Exchange enables P&C insurers to incorporate third-party data to enhance underwriting and transform data to provide an enhanced customer experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via Company Press Release

CoreLogic, Inc., acquired Myriad Development, Inc.

synopsis: CoreLogic, a leading global property information, analytics and data-enabled solutions provider, announced it has expanded its strategic capabilities with insurance underwriting solutions provided by Myriad Development. Myriad Development specializes in business process management products and services.
buyer: CoreLogic, Inc. (CLGX:$1,642.38)
CoreLogic is a leading global property information, analytics and data-enabled services provider. They combine data from public, contributory and proprietary sources, providing coverage of property and other encumbrances, consumer credit, tenancy, location, hazard risk and performance information. "
target: Myriad Development, Inc.
Myriad Development specializes in business process management products and services for many of the nation’s largest insurance carriers, real estate companies and government agencies. The SaaS-based platform offers customers speed to market with little dependency on internal technical resourcing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2021 via BusinessWire

Insurance Technologies, LLC, acquired IXN Tech

synopsis: Insurance Technologies, LLC, a leading provider of sales automation solutions for the life and annuities insurance industries, announced the acquisition of IXN, the leading provider of digital data exchange solutions for the life insurance industry.
buyer parent: Thomas H. Lee Partners, L.P.
buyer: Insurance Technologies, LLC
Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industry. The company's offering includes a suite of integrated sales solutions, from pre-sale functions to illustrations and e-application to post-sale services. "
target: IXN Tech
IXN is a leading provider of cross-platform software solutions to the insurance industry helping make the process of distributing and processing life insurance simple and easy.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/11/2020 via BusinessWire

Fineos, will acquire Limelight Health

synopsis: Ireland-based FINEOS Corporation will acquire Limelight Health, a leading provider of quoting, rating, and underwriting solutions for group and voluntary employee benefits. The union will provide an end-to-end SaaS core product suite from quote, rate, and underwrite through to billing, policy administration, absence, and claims management.
buyer: Fineos (:$121.48)
Ireland-based FINEOS is a market leader in core systems for life, accident, and health insurance carriers globally. The FINEOS Platform, powered by Amazon Web Services, provides customers full end to end core administration for group, voluntary, and individual across life, accident, and health. "
target: Limelight Health
Limelight Health is a leading provider of cloud-based enterprise software solutions delivering the most efficient quoting, rating, and underwriting solutions for employee benefits insurers. The company provides process automation and seamless integration for new business acquisition.
price ($mm)
$75
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/5/2019 via GlobeNewswire

Verisk Analytics, Inc., will acquire Flexible Architecture and Simplified Technology, LLC

synopsis: Verisk, a leading data analytics provider, will acquire FAST, a leading software company for the life insurance and annuity industry. The acquisition of FAST will extend Verisk's offerings to the life insurance market as they build a comprehensive suite of innovative solutions to support insurer modernization.
buyer: Verisk Analytics, Inc. (NasdaqGS:VRSK:$2,889.60)
Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics provides first-to-market innovations that are integrated into customer workflows. "
target: Flexible Architecture and Simplified Technology, LLC
FAST, which stands for Flexible Architecture and Simplified Technology, is a leading software company for the life insurance and annuity industry. FAST focuses on solving challenges its financial services and insurance clients face as they seek to modernize or replace their systems environments.
price ($mm)
$194
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/8/2019 via GlobeNewswire

Roper Technologies, Inc., will acquire iPipeline, Inc.

synopsis: Roper Technologies Inc. will acquire iPipeline in an all-cash transaction. iPipeline’s cloud-based software delivers solutions for the life insurance and annuity industries. iPipeline's suite of Software as a Service-based applications provide workflow automation and seamless integration across a broad network of carriers, distributors, and agents.
buyer: Roper Technologies, Inc. (ROP:$5,987.60)
Roper Technologies is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper operates businesses that design and develop software (both license and software-as-a-service) and engineered products and solutions for a variety of niche end markets. "
target parent: Thoma Bravo, LLC
target: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support.
price ($mm)
$1,625
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/27/2018 via Company Press Release

CNP Assurances, will acquire Quality Insurance Services

synopsis: CNP Patrimoine, CNP Assurances’ wealth management business for high-end clients, has announced that it is to acquire the Quality Insurance Services management platform which manages its contracts in France and Luxembourg. Quality Insurance Services is a platform specialised in managing high-end contracts.
buyer: CNP Assurances (ENXTPA:CNP:$52,814.71)
CNP Assurances is the leading personal insurer in France. It has more than 38 million personal protection policyholders worldwide and over 14 million in savings and pension plans. Insurer, co-insurer and reinsurer, CNP Assurances designs innovative retirement and savings solutions. "
target: Quality Insurance Services
Quality Insurance Services (QIS) is a platform specialised in managing high-end insurance contracts. Their PaaS (Process-as-a-Service) and SaaS (Software-as-a-Service) solutions provide services of life insurance policies administration
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2015 via BusinessWire

Thoma Bravo, LLC, acquired iPipeline, Inc.

synopsis: Thoma Bravo, LLC, a leading private equity investment firm, announced the acquisition of iPipeline, a leading technology provider of cloud-based software solutions to the life insurance industry. iPipeline leads the information technology and services industry in providing web-based software tools for the insurance and financial services markets.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. "
target: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance industry. Through its SaaS solutions, it accelerates and simplifies insurance sales, compliance, operations and support.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/1/2010 via BNC Analysis

ExlService Holdings, Inc., acquired PDMA Inc

synopsis: ExlService Holdings Inc, a business process outsourcing firm, has snapped up PDMA Inc, maker of an insurance policy administration platform which is used by around 40 global insurers. The purchase price for PDMA is $14.1 million in cash (net of working capital adjustments) and expected annualized revenues are approximately $10 million.
buyer: ExlService Holdings, Inc. (EXLS:$786.25)
EXL (NASDAQ: EXLS) is a leading provider of Transformation and Outsourcing services to Global 1000 companies in multiple industries including insurance, banking, financial services, utilities, transportation and travel. "
target: PDMA Inc
Professional Data Management Again, Inc. offers administrative solutions through its product LifePRO, which offers client/server based solutions for life insurance, health insurance, and annuity administration. The company was founded in 2001 and is based in Indianapolis, Indiana.
price ($mm)[EV]
$14 [$13]
rev ($mm)
$10
EBITDA ($mm)
EV / rev
1.3x
EV / EBITDA
closed 7/6/2016 via GlobeNewswire

ExlService Holdings, Inc., acquired LISS Systems Limited

synopsis: EXL, a leading Operations Management and Analytics company, has acquired LISS Systems Limited, a London-based provider of digital customer acquisition and policy administration solutions for the insurance industry. Applicable in both Life & Pensions and General Insurance segments, LISS automates the end-to-end new business process.
buyer: ExlService Holdings, Inc. (EXLS:$786.25)
EXL is a leading operations management and analytics company that helps businesses enhance growth and profitability. Its proprietary award-winning Business EXLerator Framework integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms. "
target: LISS Systems Limited
LISS Systems is a leading provider of policy administration solutions for the Life and Pensions industry, combining both depth of life industry knowledge with proven expertise in the design and delivery of core system solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/22/2013 via BusinessWire

iPipeline, Inc., acquired Aplifi Inc

synopsis: iPipeline®, the leader in on-demand marketing, selling and processing solutions for the nation’s top insurance carriers, distributors and producers, announced the acquisition of Aplifi®, who has maintained a strong reputation for providing life and annuity solutions to the financial services industry.
buyer: iPipeline, Inc.
iPipeline's channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster. "
target parent: Bluff Point Associates
target: Aplifi Inc
Aplifi is a leading technology and service provider to the life and annuity industry. Aplifi provides a vast array of process automation and seamless integration to more than 50 of the country's largest and most well known insurance carriers along with over 1,000 distributors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2008 via PR Newswire

iPipeline, Inc., acquired COSS Development Corporation

synopsis: iPipeline, the leader in on-demand sales distribution software for insurers and financial services firms, announced it has acquired COSS Development Corporation, a leading provider of mission-critical web-enabled illustration systems and fill-able forms technology.
buyer: iPipeline, Inc.
iPipeline's channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster. "
target: COSS Development Corporation
Since 1987, COSS has developed premier software solutions for the life insurance and financial services industries. Our flagship COSSEnterprise™ point-of-sale suite features life insurance, annuity, mutual fund and long-term care illustrations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/14/2021 via BusinessWire

FRISS, acquired Terrene Labs

synopsis: FRISS, the market leader in AI-powered fraud, risk and compliance solutions for P&C insurance carriers, has acquired Terrene Labs, a provider of next-generation digital underwriting solutions. Terrene's solution simplifies the agent experience and allows carriers to improve their top and bottom line.
buyer: FRISS
FRISS is recognized globally as the leading provider of AI-powered fraud detection and prevention software for the P&C industry. FRISS offers cloud-based detection solutions for underwriting, claims and SIU. Their software enables companies to assess risks in real time and payout claims faster. "
target: Terrene Labs
Terrene Labs provides solutions for next-generation digital underwriting. Terrene takes the chore out of an underwriter’s job and allows them to focus on the tasks that really matter. Their solution simplifies the agent experience and allows carriers to improve their top and bottom line.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2018 via BNC Analysis

Patra, acquired QBIS

synopsis: Patra Corporation, a global company that powers insurance processing through people and technology, has announced the acquisition of QBIS, an Oakland-based InsureTech platform facilitating broker and MGA connection to carrier systems.
buyer: Patra
Patra powers insurance processing by leveraging people and technology, supporting insurance organizations as they sell, deliver and manage policies and customers. Patra’s team of global experts allow brokers, MGAs, wholesalers and carriers to capture profitable growth and organizational value. "
target: QBIS
QBIS is an insurance technology company. Their cloud-based underwriting and delivery platform for insurance agents and their customers enables them to transact with numerous high-quality insurance companies in a centralized, simplified and instantaneous manner.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/24/2011 via PR Newswire

Connecture, Inc., acquired Insurix Corporation

synopsis: Connecture, Inc. has announced that it has acquired Insurix, a technology provider of sales automation software to health insurance carriers and brokers. The combination further remodels health insurance distribution by creating the largest end-to-end sales automation provider in the market.
buyer: Connecture, Inc. (OTCQX:CNXR:$77.99)
Connecture is solely focused on delivering integrated web-based sales, service and process automation solutions to the health insurance industry. Its industry-proven solutions encompass the entire spectrum of multi-channel insurance sales and services. "
target: Insurix Corporation
Insurix Corp. is a technology provider of sales automation software to health insurance carriers and brokers. It delivers a broad portfolio of information technology and business process outsourcing services to clients in the Insurance and Financial industries.
price ($mm)
rev ($mm)
$7
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 5/12/2015 via BusinessWire

Insurity, Inc, acquired Oceanwide Inc.

synopsis: Insurity, Inc., a provider of core insurance processing and data integration and analysis solutions, announced its acquisition of Montreal, Quebec based insurance software firm Oceanwide, Inc. Since 1996, Oceanwide has been delivering SaaS core processing solutions to property and casualty insurers of all sizes across the globe.
buyer: Insurity, Inc
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise. "
target: Oceanwide Inc.
Oceanwide delivers SaaS core processing solutions to property and casualty insurers of all sizes across the globe. Their configurable insurance software solutions enable insurers to react to market changes, configure new products and manage their products with increased speed and lower costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/7/2021 via PR Newswire

Azentio Software, will acquire Beyontec

synopsis: Azentio Software, a Singapore-headquartered software products business, will acquire Beyontec, a leading insurance technology company. Beyontec provides a comprehensive range of digital solutions for the insurance industry, including a core multi-line insurance administration system, digital platform-based ecosystem solutions, and more.
buyer parent: Apax Partners
buyer: Azentio Software
Azentio Software provides mission critical, vertical-specific software products for customers in banking, financial services and insurance verticals and includes key products such as Kastle™ (universal banking platform), Amlock™ (compliance software suite), and more. "
target: Beyontec
Beyontec is a global insurance solution provider, addressing all aspects of insurance business, including general insurance, takaful, life insurance, medical insurance, and insurance broking. Beyontec's offerings include a core insurance administration solution, specific accelerator tools, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/5/2021 via GlobeNewswire

Green Shield, acquired Computer Workware

synopsis: Green Shield has acquired Computer Workware, a Canadian software company focusing on the development of insurance administration solutions for employee group benefits. Their products, iBenefits and Vital Objects, provide solutions for Canada’s largest insurance companies and third-party administrators and associations.
buyer: Green Shield
Green Shield Canada is Canada’s fourth-largest health and dental benefits provider, and is uniquely structured as a social enterprise with the purpose of making it easier for people to live their healthiest lives. They are Canada’s only not-for-profit health and dental benefits provider. "
target: Computer Workware
Computer Workware is a Canadian software company focusing on the development of insurance administration solutions for employee group benefits. Their products, iBenefits and Vital Objects, provide solutions for Canada’s largest insurance companies and third-party administrators and associations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2020 via PR Newswire

Even Financial, acquired LeapLife

synopsis: Even Financial, the leading API for financial services search, acquisition, and monetization, has acquired LeapLife, an insurtech platform and digital life insurance agency. The acquisition allows Even Financial to commence its insurance services, aimed at simplifying and enhancing the way consumers search, compare, and get matched with insurance p
buyer: Even Financial
Even Financial is a B2B fintech company transforming the way financial institutions connect with consumers. The company connects consumers to personalized offers for loans, savings, credit cards, and more with the leading API for financial services search, acquisition, and monetization. "
target: LeapLife
LeapLife is an established insurtech platform and digital life insurance agency that utilizes data science, deep underwriting knowledge, and proprietary technology, enabling consumers to apply for instant-decision life insurance policies with real-time quotes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2020 via PR Newswire

Even Financial, acquired LeapLife

synopsis: Even Financial, the leading API for financial services search, acquisition, and monetization, has acquired LeapLife, an insurtech platform and digital life insurance agency. The acquisition allows Even Financial to commence its insurance services, aimed at simplifying and enhancing the way consumers search, compare, and get matched with insurance p
buyer: Even Financial
Even Financial is a B2B fintech company transforming the way financial institutions connect with consumers. The company connects consumers to personalized offers for loans, savings, credit cards, and more with the leading API for financial services search, acquisition, and monetization. "
target: LeapLife
LeapLife is an established insurtech platform and digital life insurance agency that utilizes data science, deep underwriting knowledge, and proprietary technology, enabling consumers to apply for instant-decision life insurance policies with real-time quotes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/31/2018 via BNC Analysis

Even Financial, acquired Birch Finance, LLC

synopsis: Even Financial has acquired Birch Finance. Even Financial offers products like a pre-approval API, real-time pricing, machine learning optimization, a product comparison and recommendation engine for consumers and more. Birch is the #1 finance app that simplifies credit card rewards and keeps track of spending.
buyer: Even Financial
Even Financial is the leading search, comparison and recommendation engine for financial services. Even provides essential infrastructure for financial services and channel partners, connecting consumers to personalized products, with a robust yet simple API. "
target: Birch Finance, LLC
Birch is the #1 finance app that simplifies credit card rewards and keeps track of spending. The average shopper can earn up to $700 worth of rewards each year, just by using a reward earning credit card and paying off the balance each month.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like LeapLife


read more

LeapLife

Insura Solutions

Hubio Exchange

Myriad Development, Inc.

IXN Tech

Limelight Health

Flexible Architecture and Simplified Technology, LLC

iPipeline, Inc.

Quality Insurance Services

iPipeline, Inc.

PDMA Inc

LISS Systems Limited

Aplifi Inc

COSS Development Corporation

Terrene Labs

QBIS

Insurix Corporation

Oceanwide Inc.

Beyontec

Computer Workware

read more

LeapLife

read more

LeapLife

Birch Finance, LLC

read more
Geography
Matching Companies
Ticker: PT
 
 
 
 
 
 
 
 
PINTEC
PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners.
year
2018
rev ($mm)
$156.10
EBITDA ($mm)
$13.41
EBIT ($mm)
$12.65
Net Income ($mm)
$0.96
Employees
432
  • drill down
  • watch
Ticker: GWRE
 
 
 
 
 
 
 
 
Guidewire Software, Inc.
Guidewire Software, Inc.
Guidewire Software, Inc. provides system software to the property and casualty insurance industry primarily in the United States, Canada, and Australia. It provides Internet-based software platforms for core insurance operations.
year
2021
rev ($mm)
$757.51
EBITDA ($mm)
($26.56)
EBIT ($mm)
($63.08)
Net Income ($mm)
Employees
2816
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Fineos
Fineos
Ireland-based FINEOS is a market leader in core systems for life, accident, and health insurance carriers globally. The FINEOS Platform, powered by Amazon Web Services, provides customers full end to end core administration for group, voluntary, and individual across life, accident, and health.
year
2020
rev ($mm)
$121.48
EBITDA ($mm)
($8.38)
EBIT ($mm)
($3.72)
Net Income ($mm)
Employees
1000
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Bravura Solutions Limited
Bravura Solutions Limited
Bravura Solutions is a leading provider of software solutions for the wealth management, life insurance and fund administration industries, underpinned by functionally rich technology that enables modernisation, consolidation and simplification.
year
2020
rev ($mm)
$194.13
EBITDA ($mm)
$45.84
EBIT ($mm)
$36.98
Net Income ($mm)
$28.29
Employees
1442
  • drill down
  • watch