Mass.-Based Enservio Acquires Insurers WorldFebruary 21, 2012
Enservio, a Needham, Mass.-based provider of property insurance analytics, affinity marketing and claims solutions, is acquiring Insurers World, a provider of inventory transcriptions and evaluation services for claims, based in Canton, Mass.
Together, Enservio and Insurers World will offer property insurers a wide range of services from strategic analytics to claims software and services nationally. As a combined entity, Enservio will provide services to 12 of the largest property insurers in the nation, with over 300 insurer customers overall and over 450 employees nationally.
“This acquisition doubles the value we bring to our customers and doubles our geographic footprint in our claims services business,” said Jon McNeill, CEO of Enservio.
Insurers World will retain its distinct brand identity and will continue to be based in Canton, Mass., the two companies said.