Author: Industrytech

Small commercial insurance is notoriously time-consuming. Many agents, carriers/MGAs, and aggregators don’t want to take the time to write this type of business as it’s harder to be profitable.

Often, small to medium-sized insurance firms struggling to keep up with the more prominent players in terms of capability and features face challenges such as outdated legacy systems, inefficient manual processes, and difficulty adapting to rapidly changing market demands.

Since 1995, HawkSoft has been a leader in management systems for independent insurance agencies that want effective workflows and a delightful experience for staff and policyholders. Created by independent agents, HawkSoft continues to evolve as a cutting-edge system that powers thousands of agencies.

Change is accelerating all around us, possibly faster than in any historical period. Shifts in climate, technology, workforce, and customer/societal expectations combined with macroeconomic and geopolitical volatility are compelling enterprises across the globe to transform their tech infrastructure, products and services,

Montreal-based Equisoft, an insurance and investment software developer, recently announced that it raised $125 million in venture equity. It’s a large portion made more effective by the fact that the investment climate for insurtech sellers is growing increasingly challenging.