Announced
Financials
Sources
Tags
Friendly
Single Bidder
Acquisition
Cross Border
Finland
Majority
broker
Pending
Private
Diversified Financials
Synopsis
AgentSync, the company building modern tools and infrastructure to power the insurance industry, agreed to acquire Finvera, the industry's first cloud identity passport for licensed brokers for secure, universal login and verification across the industry. Financial terms were not disclosed. "In addition to improving the producer management process for carriers, MGAs, and agencies, AgentSync is committed to building tools that empower the brokers who play a critical role in the insurance ecosystem, ultimately driving efficiencies and raising the bar for distribution management technology across the entire industry," Niji Sabharwal, AgentSync Co-Founder and CEO.
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