EAST WINDSOR, Conn. – Insuritas, provider of a turnkey insurance agency, yesterday said it has successfully raised $10 million in new capital, the first capital raised by the company since it was repurchased from Jack Henry & Associates, Inc., in a management buy out in 2008.
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The company offers a turnkey insurance agency solution, a national agency call center and LoanINSURE, which automatically generates competing quotes from multiple carriers as part of a loan transaction.
Insuritas said it enables credit unions and banks to own a complete insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks.
