Acturis Group has acquired LUTRONIK Gmbh based in Wesel, Germany. Lutronik is a leading broker software company serving many well known insurance brokers in the German market. Acturis’ German portfolio now comprises the two most widely used administrative software programs for insurance brokers in Germany (Lutronik and Assfinet) as well as NAFI, the market leading tariff engine specialising in motor insurance comparison but extending into other lines of business.
Theo Duchen, Co-CEO of Acturis comments: “The combination of Assfinet and Lutronik creates the undisputed leader in broking software in the German market. This will allow us to ramp up and accelerate electronic trading between insurers and brokers and enlarge our already substantial electronic broker distribution channel in Germany.”
David McDonald, Co-CEO of Acturis adds: “LUTRONIK Customers are looking forward to getting full access to – and benefit from – the high standards of connectivity and integration with tariff comparison systems and insurers that we provide. We look forward to adding additional insurers and eTrade products in the next year to make our broker and insurer clients in Germany even more efficient.