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US insurtech firm ReSource Professional has acquired Helix Company Providers, a supplier of managed know-how companies, for an undisclosed sum.
The deal is aimed toward bolstering productiveness and profitability for insurance coverage companies and brokers within the P&C market.
Helix specialises in managed companies for unbiased insurance coverage companies and brokers, enhancing their core company administration techniques.
The Texas-based firm’s capabilities span system administration, knowledge reporting and conversion, automation and service password administration.
These companies are designed to eradicate bottlenecks, speed up processes and streamline administration, thereby boosting productiveness and buyer expertise.
ReSource Professional acknowledged that the acquisition comes at a time when retail companies are grappling with expertise and know-how challenges.
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With a world workforce exceeding 8,000, ReSource Professional says its operations mix individuals, course of, know-how and knowledge.
It affords advisory companies, enterprise course of administration optimisation, and progressive knowledge and know-how options to insurance coverage carriers, brokers and managing basic brokers.
ReSource Professional CEO Dan Epstein mentioned: “Each company has a administration system – these are advanced techniques that require fixed upkeep and funding but solely a small set of energy customers get essentially the most out of them.
“Including Helix experience to our service choices will allow our purchasers to understand higher return on funding from each their workers and their know-how investments.”
Helix CEO Mitch Silver mentioned: “Helix’s deep insurance coverage and insurance coverage know-how experience creates a bridge for our prospects and their companions to boost enterprise system technique, execution and help, which makes us an ideal complementary addition to ReSource Professional.
“Their repute for high quality and course of experience made them an ideal match to assist us develop and ship higher worth to our prospects.”
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