East Coast Reinsurance Software Solutions Company
Business Description
East Coast Reinsurance Software Solutions Company
Since 1984, The Company has provided dependable and low-cost reinsurance systems. With over 60 installations worldwide, the staff has unmatched experience in conversions and installations – which boast a 100% success rate.
From one user to one thousand, the software can be configured to size and need. Customers' IT expenses are a fraction of competitors. In fact, this Company’s software is so easy to use and maintain that most smaller users have NO in-house IT staff. Even the largest multinational customers have only a handful of staff supporting this software.
There are now installations in Europe, Asia, Bermuda, the USA, and Canada, and offices in the US (New Jersey and Florida).
The Company’s very first customer is still using the original system as the company grew from a relatively small reinsurer to one of the largest in the US.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
From one user to one thousand, the software can be configured to size and need. Customers' IT expenses are a fraction of competitors. In fact, this Company’s software is so easy to use and maintain that most smaller users have NO in-house IT staff. Even the largest multinational customers have only a handful of staff supporting this software.
There are now installations in Europe, Asia, Bermuda, the USA, and Canada, and offices in the US (New Jersey and Florida).
The Company’s very first customer is still using the original system as the company grew from a relatively small reinsurer to one of the largest in the US.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 41
- Employees
- 1
- Facilities & Assets
- The Company operates remotely; a physical location is not essential.
- Market Outlook / Competition
- Primary Competitors: Sapiens, Duck Creek. Competitive Edge: Personalized service and affordability.
- Opportunities for Growth
- A new owner can update the User Interface to modernize the product and attract new clients. Update the website and invest in Google Ad Words and other marketing to drive traffic.
About the Sale
- Seller Motivation
- The owner is planning for succession due to aging and ensuring proper care of th
- Transition Support
- The seller is open to working with the buyer as long as needed and providing training for an agreed-upon duration.
Listing Info
- ID
- 2315597
- Listing Views
- 1638
Listing ID: 2315597 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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