Acturis acquires Broker Buddha as it enters US market

Following successful entries into the German, French and Canadian insurance markets, Acturis Group announced today that it has acquired US-based Broker Buddha.

For insurance agencies committed to the highest quality of service, Broker Buddha is the leading digital client engagement platform that improves customer loyalty by delivering on the agency’s brand promise online. Headquartered in New York City, Broker Buddha supports insurance brokers and carriers across the US.

Acturis Group is a leading global insurance software provider with offices in 6 countries and some 1,200 staff and 100,000 users worldwide. The Acturis SaaS platform supports brokers, insurers and MGAs, allowing them to benefit from leading edge digital trading and connectivity

We are extremely pleased to welcome the Broker Buddha team to the Acturis Group and for the group to enter the US market. We have been really impressed by the Broker Buddha client engagement platform and we see great opportunity for growth. With our experience we are well placed to help.

Theo Duchen, Co-CEO of the Acturis Group

Hayden Parra, Head of International at Acturis continues: “Broker Buddha have a strong reputation in the market and a really talented team, and we are very much looking forward to working with them. We have a track record of bringing new ideas and expertise to new markets and we are very excited about what we can achieve together.”

We are delighted to join the Acturis Group and we feel that there is significant synergy between our businesses.  Along with our new colleagues at Acturis, we will continue to focus on our mission to eliminate the monotonous administrative work that frustrates insurance professionals throughout the US.

Jason Keck, CEO of Broker Buddha

About Acturis

Acturis is the leading, award winning Software-as-a-Service provider to the insurance industry. The Acturis SaaS platform is an administration, distribution and underwriting platform used by insurance brokers and underwriters.

Acturis operates in the general insurance market, supporting both personal and commercial lines. The company leads the way in real-time integrations with insurers.

The Acturis Group includes:

Acturis SaaS – the award winning SaaS platform in the UK General Insurance market used by leading brokers, MGAs and Insurers. 

Acturis Canada – includes the Acturis SaaS platform adapted for the Canadian market, the PowerBroker system which is one of the leading systems in the Canadian insurance broker market and Brovada which provides connectivity between insurer and broker systems

Acturis France – provides the Acturis SaaS platform adapted for France and Add Value Assurances, the French leader in commercial lines e-trading with a network of over 3,000 brokers.

Acturis Deutschland – the leading provider of insurance price and terms information to the German insurance market and the largest provider of broker administration and price comparison/trading software in Germany.

NIS – a leading provider of software solutions to the travel insurance, assistance and health insurance markets with customers in more than 40 countries.

ICE InsureTech – an enterprise-grade modular software solution for the management and processing of insurance claims, policies, billing and rating, with integrated business intelligence and analytics.

About Broker Buddha

Broker Buddha is the leading digital client engagement platform for insurance agencies looking to improve their customer experience and increase their brand loyalty. Founded in 2017, Broker Buddha simplifies the application and renewal process and enables agencies to impress their clients by delivering a unique digital footprint that is consistent with their brand promise. For more information about Broker Buddha, visit www.brokerbuddha.com.

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