Announced
Completed
Synopsis
EIS, a digital insurance platform, completed the acquisition of Metromile's Enterprise Business Solutions, a full service and solutions IT consulting firm, from Lemonade, the insurance company powered by AI and social impact. Financial terms were not disclosed. “We look forward to welcoming EBS team members and their clients to EIS. Acquiring EBS will greatly enhance our coretech systems. As either a stand-alone or integrated offering, EBS enables our P&C insurance carrier clients to automate their claims operations and successfully bridge the existing gaps in their systems digitally,” Alec Miloslavsky, EIS Founder and CEO.
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