Insurium™ & Spear Technologies Announce Merger
Property and Casualty Software Solutions Providers Join Forces
Insurium™ (
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The combined organization, to be known as Spear Technologies, will continue to build and deliver powerful, easy-to-use core insurance software inclusive of policy administration, claims management, and portals with robust rating, billing, automation, integration and analytics capabilities leveraging the Microsoft Power Platform.
The combined company will be led by
“This merger accelerates our vision of providing the
“The team at Spear Technologies shares the same culture and values as Insurium, and we’re completely aligned on our common product vision and innovation roadmap,”
Spear Technologies Co-Founder and President of Technology,
To learn more about this merger, contact
About Insurium™
Insurium is a market-leading insurance software provider serving small and mid-size commercial insurance organizations since 2010 with its flagship Connections™ policy administration solution. The Insurium platform is a cloud-based software supporting the core insurance operations functions such as underwriting, rating, policy administration, billing, loss control, self-service portals, and reporting. The company’s clients include P&C insurance carriers, captives, public entity pools, workers’ compensation self-insured groups (SIG), risk management firms, and third-party administrators (TPA). For more information, visit https://www.insurium.com/.
About Spear Technologies
Spear Technologies is a new player on the scene providing advanced software technology designed specifically for the insurance segment. The company’s flagship solution, SpearClaims™, is an enterprise-ready low-code, no-code claims management solution developed on the Microsoft Power Platform that delivers unparalleled control, speed, and results. Spear Technologies empowers companies with the ability to easily and quickly configure the software to meet their unique needs. SpearClaims’ architecture provides the capabilities for using built-in AI and automation tools to extend an organization’s capabilities, as well as to ensure competitive differentiation and results. For more information, visit http://www.spear-tech.com/.
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Source: Spear Technologies
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