ISO in Jersey City has acquired Utah-based Xactware.ISO, a risk research and consulting company in Jersey City, has acquired the assets of Utah-based Xactware, a software and services firm that focuses on the property insurance, remodeling and restoration industries. Terms of the deal were not disclosed.
Xactware, a privately held company, will remain in Utah and continue serving its customer base throughout the U.S. and Canada. “Xactware enhances ISO”s ability to deliver more comprehensive products and services to our property insurance claims customers,” said Frank Coyne, ISO CEO.
“ISO”s strong position in the property/casualty insurance market gives us opportunities to bring our market-leading solutions to a broader segment of the insurance market, especially to mid-tier and smaller insurers,” said Jim Loveland, Xactware”s CEO.
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