U.S. insurtech Zywave recently announced it has acquired Enquiron, a provider of risk management and consultative business solutions. Zywave reported that with the combination of its existing portfolio of solutions, the acquisition reinforces its “leadership” position in these markets.
Founded in 1996, Enquiron notably serves more than 100 of the top P&C, healthcare and HCM organizations in the U.S.
“Enquiron has revolutionized the way risk management services are delivered to and utilized by employer customers of the property and casualty insurance, healthcare and human capital management markets. For nearly 25 years, the company has delivered industry-leading solutions to the P&C insurance carrier marketplace.”
Enquiron also provides on-demand risk management solutions in the areas of human resources, healthcare, retirement, cyber and more. Speaking about the acquisition, Jason Liu, CEO of Zywave, stated:
“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. By joining our two companies together, we look forward to bringing even more resources, support and deep industry knowledge to our shared customers.”
Through the acquisition, Zywave is planning to use Enquiron’s solutions and modern user experience within its product cloud portfolio. Mike Naclerio, CEO of Enquiron, added:
“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. Aligning with a partner like Zywave that has extensive insurance industry experience to understand our customers’ specific needs was of key importance. We are excited for the opportunity to join forces with their team and contribute to a market-leading solution set.”
Zywave claims it leads the insurance tech industry, fueling business growth for our partners with the most expansive portfolio of cloud-based sales management, client delivery, content and analytics solutions.
“By offering an all-on-one platform full of robust data and the most comprehensive content library available, we empower our partners to make smarter business decisions throughout the entire customer lifecycle in service of greater health, wellness and safety.”