Insurance technology provider Zywave announced the acquisition of Enquiron, the Boston-based provider of risk management and consultative business solutions.
Financial details of the acquisition were not disclosed.
Founded in 1996, Enquiron serves more than 100 of the top P/C, healthcare and HCM organizations in the United States, said Milwaukee-based Zywave, in a statement. Enquiron provides on-demand risk management solutions in the areas of human resources, healthcare, retirement, cyber security and more.
Zywave said it plans to align Enquiron’s solutions and user experience within Zywave’s product cloud portfolio. Zywave will leverage Enquiron’s proprietary service offering to further enhance its existing customer experience and further expand upon its risk management solutions.
“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,” said Jason Liu, chief executive officer of Milwaukee-based Zywave.
“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,” said Mike Naclerio, chief executive officer of Enquiron. “Aligning with a partner like Zywave that has extensive insurance industry experience to understand our customers’ specific needs was of key importance.”
Over the next several months, Zywave and Enquiron leadership teams will work together on integration operations.
The Enquiron acquisition marks Zywave’s fifth in less than two years, reinforcing Zywave’s continued commitment to the insurance industry. In November 2020, Zywave announced the acquisition of two companies: Advisen, the 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 provides cloud-based sales management, client delivery, content and analytics solutions. More than 15,000 carriers, agencies and brokerages worldwide – including all of the top 100 U.S. insurance brokerages – use Zywave solutions.
- Zywave Acquires Insurance Technologies Corporation (ITC)
- Zywave Snatches Up Advisen in Move to Accelerate Global Growth
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