Private equity firm Kelso & Co. has completed an investment in property/casualty insurance processing and services firm ReSource Pro, taking a majority interest in the company, the firms have reported. Terms of the private transaction were not disclosed. ReSource Pro …
Insurance operations, analytics and process services firm ReSource Pro said it has acquired two strategic advisory and management consulting firms focused on property/casualty insurance, Strategy Meets Action (SMA) and The Nolan Company (Nolan). The transactions were completed on Jan. 1, …
Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive customer experience. Led by ambitious entrepreneurs from …
As 2019 wraps up, many in the insurance industry are likely well into planning for the next year. But what about planning for the next decade? While it can be difficult to predict what’s ahead in 10 years, industry professionals …
To boost their profitability, agencies make investments all the time in people and technology, as well as in other businesses through acquisitions. But Dan Epstein, CEO of ReSourcePro, says there is another often overlooked source of improved profitability buried in …
