Xceedance completed the acquisition of Millennium Information Services.

Xceedance, a provider of consulting, technology, operations support, and data solutions for the insurance sector, completed the acquisition of Millennium Information Services, a pioneer in bringing P&C insurers new and innovative ways to collect, manage, and mine an extensive range of inspection data. Financial terms were not disclosed. “Pairing our deep insurance operational expertise with Millennium’s inspection capabilities and MAPS® platform creates the most powerful, analytics-driven offering in the market. Our combined team in the Americas will now support more than 200 clients. We are excited to share the benefit of more real-time data and analysis to consider property risks with clients. But even more, we’re eager to innovate and accelerate the development of tools and services that will drive improved carrier results as underwriters are empowered to make more informed, better decisions,” Arun Balakrishnan, Xceedance CEO.