GI Partners-backed Insurity completed the acquisition of AuSuM Systems.

GI Partners-backed Insurity, a provider of cloud-based software, completed the acquisition of AuSuM Systems, a provider of fully integrated, cloud-native software for P&C carriers. Financial terms were not disclosed. "We are very excited to welcome AuSuM Systems to Insurity. Many P&C carriers do not automate all or a portion of the audit and loss control processes. Even fewer integrate it with their underwriting and policy administration processes. This can cause inaccurate risk assessments and premiums. AuSuM Systems’ field-tested, industry-leading solutions combined with Insurity’s configurable software platform will help P&C insurers assess risk," Chris Lafond, Insurity CEO.