Announced
Financials
Sources
Tags
Friendly
Pending
insuretech platform
Software
Private
insurance technology
United States
Majority
Domestic
Acquisition
Single Bidder
Synopsis
FatBrain, a provider of AI-automation software for dynamic risk intelligence to help fight global financial crimes and similar millennial data geometry problems, completed the acquisition of Intellagents, an innovative insuretech platform. Financial terms were not disclosed. "We are excited to welcome Intellagents into the FatBrain family. Intellagents SaaS offers powerful, easy-to-use automation to accelerate Peer Intelligence growth for all participants connecting the insurance supply chain. Adding one connection per week to the insurance knowledge market, Intellagents SaaS accelerates the pace of innovation and improvement. Each such connection means actionable insights for tens of millions of businesses, hundreds of thousands of agents, many thousands of insurers and insuretechs," Peter B. Ritz, FatBrain AI Co-Founder and CEO.
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