Genstar Carving Out Insurance Software Unit
November 11, 2011- Share:
Genstar Capital has entered into a definitive agreement to acquire the Insurance Software Solutions business of LexisNexis Risk Solutions. The business, which is expected to be renamed Insurity, provides policy administration, claims, billing and analytics software to the property and casualty insurance industry. Jeffrey Glazer will serve as its president and CEO. Mr. Glazer is currently CEO, Insurance at LexisNexis.
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