ISO has acquired the assets of Xactware, Inc., a provider ofestimation software and services for the property insurance,remodeling, and restoration industries. Terms were not disclosed.Xactware and its more than 230 employees will continue to operateat its current headquarters in Orem, Utah, as a stand-alone entity,serving its customer base of property insurers, contractors, andservice providers throughout the U.S. and Canada.
"Xactware enhances ISO's ability to deliver more comprehensiveproducts and services to our property insurance claims customers,"says Frank J. Coyne, ISO chairman, president, and CEO.
"We are extremely pleased to be joining the ISO family ofcompanies," says Jim Loveland, Xactware's president and CEO. "Thiscombination provides us an excellent opportunity to develop new andenhanced products for our customers, expand our customer base, andestablish new markets."
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
