Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago.
With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors, strengthening its underwriting support and analytics capabilities for insurers and MGAs.
Xceedance said the acquisition accelerates its expansion in personal lines and provides a foundation to offer inspection and data analytics solutions to commercial carriers and MGAs.
Millennium conducts more than 1 million residential, commercial, and farm inspections annually and works with 80+ insurance carriers and MGAs.
Topics Mergers & Acquisitions Illinois
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