Genstar Capital to Acquire the LexisNexis Insurance Software Solutions Business

Middle market private equity firm Genstar Capital signed an agreement to acquire the LexisNexis Insurance Software Solutions business, a provider of software and services to the Property and Casualty insurance industry.

Genstar is partnering with Jeffrey Glazer, who founded the business, to carve out the insurance software solutions business from LexisNexis Risk Solutions.

Upon completion of the transaction, which is still subject to customary government approvals and closing conditions and is expected to be completed in the fourth quarter, Mr. Glazer will serve as President and CEO of the independent company which will be renamed Insurity, Inc.

Based in Hartford, Connecticut, Insurity provides policy administration, claims, billing, and analytics software to more than 100 insurance companies.



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