Xceedance acquires Activer Solutions
Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, has acquired Activer Solutions, a specialist in the insurance operations and technology services for the front, middle, and back office operations of property/casualty insurers.
Located in Marlborough, Massachusetts, US, Activer Solutions will be absorbed into the US operations of Xceedance. The North America headquarters of Xceedance is in Boston, US.
“The US property/casualty insurance market represents more than half our global business today, and it’s growing,” said Manish Khetan, chief strategy officer, Xceedance. “We look forward to further developing insurance lifecycle operations in the US and Canada to benefit both current and prospective Activer Solutions and Xceedance clients.
“By adding the onshore capabilities of Activer Solutions — including front office customer care services, plus support functions for underwriting and claims, as well as technology services, and full insurance document printing/distribution solutions — we can expand our industry-focused proficiencies to drive growth in North America.”
Brian Carignan, chief operating officer, Activer Solutions, added: “The experienced Activer Solutions team is well-positioned to seamlessly integrate our offerings, technology, and skills within the Xceedance enterprise. We look forward to leveraging a wealth of natural synergies in delivering significant business value to insurance organizations.”
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