Insurity, Inc., a provider of core insurance processing software and services, announces its acquisition of insurance software firm AQS, Inc. With Insurity absorbing the assets of AQS, including the vendor's unique relationship with ISO, Insurity can now offer more value to existing Insurity and AQS clients as well as the broader P&C insurance market, according to Insurity.
As a result of the acquisition, Insurity offers an enterprise policy processing platform with advanced configuration and tooling capabilities, together with AQS' relationship with ISO and the Verisk ISO Rating Service. This solution set positions Insurity to deliver the combination of enterprise capability, configurable rating, comprehensive tooling, and a unique ISO relationship.
One of the most significant additions to Insurity's expanded solutions and services is the ability to offer clients the benefits of the distinctive position AQS holds in the marketplace, a result of the company's ownership of the software and tools associated with Verisk's ISO Rating Service product. The ISO Rating Service is a comprehensive, automated rate-management system featuring a powerful combination of advanced technology and product-management tools.
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