FINEOS to acquire Limelight Health for $75m.

FINEOS, a software development company, agreed to acquire Limelight Health, a provider of quoting, rating and underwriting solutions, for $75m. “We’re delighted to welcome the Limelight Health team and their clients to FINEOS, and we look forward to accelerating our combined growth for the benefit of all of our clients, people and partners. This acquisition delivers more product options for our clients as they accelerate their digital transformations and reduce their reliance on legacy core systems. Together we are over 1k people with our total focus on helping life, accident, and health carriers to serve their clients and customers with superior insurance technology,” Michael Kelly, FINEOS CEO.