{"id":387512,"date":"2020-11-24T08:03:25","date_gmt":"2020-11-24T13:03:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387512"},"modified":"2020-11-24T08:03:25","modified_gmt":"2020-11-24T13:03:25","slug":"zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/","title":{"rendered":"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business"},"content":{"rendered":"<h2>\nThe new partnership enables Zywave to deliver its market-leading operations, sales and marketing solutions to agencies selling employee benefits, commercial or personal lines of coverage<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">MILWAUKEE, Nov.  24, 2020  (GLOBE NEWSWIRE) &#8212; Insurance technology provider, <a href=\"https:\/\/www.zywave.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Zywave<\/a>, today announced the acquisition of <a href=\"https:\/\/www.getitc.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Insurance Technologies Corporation<\/a> (ITC), a leading provider of marketing, rating, and management software and services to the insurance industry. Together with Zywave\u2019s existing portfolio of solutions, the acquisition solidifies Zywave\u2019s position as the leading provider of solutions for carriers and independent insurance agencies to help them drive business efficiency and accelerate growth.<\/p>\n<p>\u201cZywave and ITC share the same goal\u2014to provide the absolute best tech solutions to help insurance professionals succeed in the modern marketplace,\u201d said Jason Liu, chief executive officer of Zywave. \u201cWith the combined offerings of our two companies, we are beyond excited to bring the most expansive and innovative tools to any agency selling any type of coverage \u2013 benefits, commercial or personal lines.\u201d<\/p>\n<p>Founded in 1983, ITC is headquartered in Carrollton, Texas, and serves more than 250 insurance companies and more than 9,000 agencies. The company\u2019s products, all of which enable agency growth through greater efficiency and automation, include:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:9.6pt\">\n          <strong>Agency Marketing <\/strong><br \/>\n          <strong>Services &amp; <\/strong><br \/>\n          <strong>Solutions<\/strong> \u2013 A comprehensive digital agency marketing offering that includes website design, marketing communication automation, SEO and SEM, custom content services and social media services.<\/li>\n<li style=\"margin-bottom:9.6pt\">\n          <strong>Personal Lines Comparative Rater <\/strong>\u2013 A highly accurate, web-based personal lines rater that automates the quoting process and enables users to automatically receive multiple quotes instantly, currently powering more than 30 million unique quotes per year.<\/li>\n<li style=\"margin-bottom:9.6pt\">\n          <strong>Agency Management<\/strong><br \/>\n          <strong> System<\/strong> \u2013 The browser-based Agency Matrix agency management system (AMS) provides the foundation for P&amp;C agency operations, increasing operational efficiency and simplifying day-to-day activities. <\/li>\n<\/ul>\n<p>Zywave plans to align and integrate ITC\u2019s products with its Sales Cloud offering, which includes multiple front-of-office solutions that streamline mission-critical workflows to strengthen organic growth. Within the Sales Cloud, ITC\u2019s personal lines rating solution will be a natural complement to Zywave\u2019s exclusive suite of existing market-leading CPQ offerings that enable more efficient and accurate quoting and proposals for employee benefits and commercial lines quoting.<\/p>\n<p>ITC\u2019s AMS will supplement Zywave\u2019s current AMS offering for employee benefits agencies with new options for the management of operations at insurance agencies offering personal and commercial insurance. Additionally, integrations with Zywave\u2019s Content Cloud will provide further differentiation and value to all areas of ITC\u2019s existing product portfolio.<\/p>\n<p>\u201cITC\u2019s insurance solutions definitively round out our Sales Cloud with the most robust offering on the market,\u201d added Liu. \u201cWe are excited to expand our services to provide solutions that meaningfully change how independent agencies operate, regardless of their specialty.\u201d<\/p>\n<p>\u201cOur partnership with Zywave marks a truly monumental moment for our joint businesses,\u201d said Laird Rixford, chief executive officer of ITC. \u201cCombined, our solutions have the potential to not only help insurance providers compete in the digital marketplace, but thrive in all aspects of selling and servicing the insurance consumer. ITC takes pride in the high level of support we offer our clients and remain committed to that support as we enter the next chapter.\u201d<\/p>\n<p>Together with Zywave\u2019s expansive client base, the ITC acquisition means the joint entity will serve more than 15,000 insurance organizations globally. This acquisition marks Zywave\u2019s largest to date and fifth in just over two years, reinforcing Zywave\u2019s continued commitment to investing in the insurance industry. Earlier this month, Zywave announced the acquisition of Advisen, the foremost provider of data, media and technology solutions for the commercial property and casualty insurance market.\u00a0The Advisen acquisition coincided with the announcement of Zywave\u2019s new investor relationship with Clearlake Capital Group, L.P. who shares Zywave\u2019s vision to invest in the long-term strategic growth of the company, both organically and through M&amp;A.<\/p>\n<p>\u201cZywave is committed to bringing industry\u2019s best tech to our partners, empowering them with the tools they need to grow their business,\u201d said Liu. \u201cWe will continue to both invest in our existing products, while also enhancing our product portfolio with new acquisitions. At the same time, we are committed to providing extensive technical support and consultative services to our partners to help them succeed.\u201d<\/p>\n<p>For more information on Zywave, visit <a href=\"http:\/\/www.Zywave.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.Zywave.com<\/a>.<\/p>\n<p>\n        <strong>About ITC<\/strong><br \/>\n        <br \/>Insurance Technologies Corporation (ITC), founded in 1983, provides websites, agency marketing, comparative rating, and management software and services to the insurance industry, including independent agents and insurance carriers. Headquartered in Carrollton, Texas, ITC is the largest provider of insurance agency websites in the United States and powers more than two million monthly auto and home quotes through its comparative rater TurboRater. Currently, ITC serves more than 250 insurance companies and more than 9,000 agencies. For more information, visit us online at GetITC.com.\u00a0<\/p>\n<p>\n        <strong>About Zywave\u00a0<\/strong>\u00a0<br \/>Zywave leads the insurance tech industry, fueling business growth for its partners with cloud-based sales management, client delivery, content and analytics solutions. Offering a technology platform embedded with robust data and the most comprehensive content portfolio available, we empower smarter business decisions throughout the entire customer lifecycle. More than 6,000 carriers, HCM service providers, agencies and brokerages worldwide\u2014including all of the top 100 U.S. insurance firms\u2014use Zywave solutions to enhance client services, achieve business growth and promote greater health, wellness and safety. Additional information can be found at\u00a0<a href=\"http:\/\/www.zywave.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.zywave.com<\/a>.\u00a0<\/p>\n<p>Contact: April Larsen<br \/><a href=\"mailto:april.larsen@zywave.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">april.larsen@zywave.com<\/a><br \/>414-918-0547<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTUzNSMzODQyMDc0IzIwODI4Njk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2b48c917-e760-49e0-99ee-1fac79783ed7\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The new partnership enables Zywave to deliver its market-leading operations, sales and marketing solutions to agencies selling employee benefits, commercial or personal lines of coverage MILWAUKEE, Nov. 24, 2020 (GLOBE NEWSWIRE) &#8212; Insurance technology provider, Zywave, today announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating, and management software and services to the insurance industry. Together with Zywave\u2019s existing portfolio of solutions, the acquisition solidifies Zywave\u2019s position as the leading provider of solutions for carriers and independent insurance agencies to help them drive business efficiency and accelerate growth. \u201cZywave and ITC share the same goal\u2014to provide the absolute best tech solutions to help insurance professionals succeed in the modern marketplace,\u201d said Jason Liu, chief executive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387512","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The new partnership enables Zywave to deliver its market-leading operations, sales and marketing solutions to agencies selling employee benefits, commercial or personal lines of coverage MILWAUKEE, Nov. 24, 2020 (GLOBE NEWSWIRE) &#8212; Insurance technology provider, Zywave, today announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating, and management software and services to the insurance industry. Together with Zywave\u2019s existing portfolio of solutions, the acquisition solidifies Zywave\u2019s position as the leading provider of solutions for carriers and independent insurance agencies to help them drive business efficiency and accelerate growth. \u201cZywave and ITC share the same goal\u2014to provide the absolute best tech solutions to help insurance professionals succeed in the modern marketplace,\u201d said Jason Liu, chief executive &hellip; Continue reading &quot;Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T13:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTUzNSMzODQyMDc0IzIwODI4Njk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business\",\"datePublished\":\"2020-11-24T13:03:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/\"},\"wordCount\":911,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MTUzNSMzODQyMDc0IzIwODI4Njk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\\\/\",\"name\":\"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/","og_locale":"en_US","og_type":"article","og_title":"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business - Market Newsdesk","og_description":"The new partnership enables Zywave to deliver its market-leading operations, sales and marketing solutions to agencies selling employee benefits, commercial or personal lines of coverage MILWAUKEE, Nov. 24, 2020 (GLOBE NEWSWIRE) &#8212; Insurance technology provider, Zywave, today announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating, and management software and services to the insurance industry. Together with Zywave\u2019s existing portfolio of solutions, the acquisition solidifies Zywave\u2019s position as the leading provider of solutions for carriers and independent insurance agencies to help them drive business efficiency and accelerate growth. \u201cZywave and ITC share the same goal\u2014to provide the absolute best tech solutions to help insurance professionals succeed in the modern marketplace,\u201d said Jason Liu, chief executive &hellip; Continue reading \"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-24T13:03:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTUzNSMzODQyMDc0IzIwODI4Njk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business","datePublished":"2020-11-24T13:03:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/"},"wordCount":911,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTUzNSMzODQyMDc0IzIwODI4Njk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zywave-acquires-insurtech-frontrunner-itc-becomes-only-provider-to-offer-front-office-solutions-for-independent-insurance-agencies-across-all-lines-of-business\/","name":"Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business - 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