ReSource Pro, a market leader in business process solutions for the insurance industry, announced today the acquisition of MIS Insurance Services LLC, a customized software solutions company that offers a comprehensive suite of web-based services to the commercial P&C insurance market. MIS is the latest acquisition in ReSource Pro’s strategy to expand offerings and opportunities for underwriting organizations while reducing the time and effort required to launch new programs.
“The business of MGAs and other underwriting organizations is changing rapidly. ReSource Pro is committed to providing solutions that allow all insurers to focus on their core value proposition while we provide the expertise and resources necessary to support their business operations,” said Dan Epstein, CEO of ReSource Pro. “MIS allows our clients to launch new programs with less risk, paving the way for more nimble and innovative ways to grow their books of business.”
ReSource Pro is uniquely positioned to grow the business by supplying the resources and expertise required to broaden the reach of the MIS solution and increase industry innovation. MIS President Kris George will continue to lead the MIS team as managing director with ReSource Pro, and will be joined by the company’s current staff in the Maitland, Florida office.“This acquisition provides MIS with the ability to expand our reach through ReSource Pro’s established and growing network of carriers, MGAs and program administrators,” said Kris George. “With ReSource Pro’s deep experience in business process management and global reach we look forward to enhancing outcomes for our current customers while providing valuable solutions to ReSource Pro’s roster of clients.”
The deal was completed on October 14, 2022. RVR Consulting Group advised MIS on the transaction.
About ResourcePro
ReSource Pro is a business solutions provider specializing in insurance that integrates people, process, technology, and data analytics. ReSource Pro is trusted by over 1,000 carriers, brokers, and MGAs to execute strategies that increase profitability, accelerate growth, improve claim outcomes, and improve client and employee experience. ReSource Pro employs over 6,500 people worldwide and offers business process management, strategic advisory services, management and organic growth consulting, training, and compliance solutions around the clock. ReSource Pro has been named one of the Inc. 5000 Fastest Growing Private Companies every year since 2009, and has maintained a +95% client retention rate for more than a decade.
About MIS Insurance Services
MIS is a technology-enabled business process management firm that specializes in policy administration and policy servicing solutions for the commercial property and casualty insurance market. MIS provides flexible solutions for carriers, MGAs, and program administrators through an integrated suite of web-based services. Submission management, policy administration, regulatory compliance, accounting, and program analytics are all examples of MIS services. http://www.misinservices.com/