Azentio Software completed the acquisition of iMOTOR and Pysurance.

Azentio Software, a leading end-to-end software company, completed the acquisition of two Kuwait-based software product companies iMOTOR and Pysurance. Financial terms were not disclosed. “Azentio is extremely excited to play our part in re-writing the future of insurance software, combining our deep domain knowledge with the latest, most innovative technology platforms. The advanced AI and machine learning capabilities we will build upon following this IP and asset acquisition will see us bringing the next generation of cutting-edge software to our insurance customers. The enhanced technical depth and future-proof build opportunities this brings to our products will help bring our vision to life by revolutionizing the way insurers consume and innovate through software. This will be a paradigm shift in the way technology helps drive value for our customers," Sanjay Singh, Azentio CEO.