Swiss Re's iptiQ acquires US-based partner AccuQuote to offer an expanded range of B2B sales capabilities to existing and new distribution partners

Boston, December 08, 2021 – Swiss Re's InsurTech iptiQ acquires US-based partner, AccuQuote, to accelerate its journey by integrating AccuQuote’s capabilities into its white-label offering.

The acquisition will enable both existing and new B2B partners of iptiQ who need support around sales solutions to access these capabilities via iptiQ in the future. AccuQuote, which was founded in 1994 is based outside of Chicago in Wheeling, Illinois, and has been working closely with iptiQ since 2017. iptiQ and AccuQuote have been partnering for years to provide sales solutions to B2B ecosystem partners.

Phil Walker, Chief Executive Officer, iptiQ Americas said: "White-label B2B support for insurance sales is the heart of what we do at iptiQ. The acquisition of AccuQuote was a strategic decision for us. By adding sales solution capabilities with this acquisition we expect existing and new B2B partners to benefit more from our relationship. We are very excited to deepen our service offering and welcome a very talented and seasoned team to the iptiQ family."

Jeremy Hewett, President and Chief Operating Officer of AccuQuote said: "We are excited to join forces with iptiQ. We’ve had a great partnership for years and we admire the mission they are on to provide excellent experiences to partners and agents, and to help close the protection gap for customers. There is a strong alignment between our two cultures, and we look forward to continued collaboration and a mutually beneficial relationship."

iptiQ and AccuQuote agreed to not disclose any financial details of the transaction. The acquisition has received all necessary regulatory approvals.

iptiQ

iptiQ is a global risk-tech company providing a cutting-edge digital insurance platform, world-class underwriting capabilities and high-value life and health insurance products. Its digital platform helps carriers and distribution partners accelerate access to new customers and products. iptiQ entered the U.S. market in 2016 to address the $26T insurance protection gap and was created by Swiss Re, a global financial services organization and leading wholesale provider of reinsurance and insurance. To learn more, visit the iptiQ website.

AccuQuote

AccuQuote (www.AccuQuote.com) is an independent life insurance quoting and brokerage firm. Headquartered in Wheeling, Illinois, the company was founded in 1994. Its vision is to simplify the life insurance buying experience and focus on personalized customer service and increased convenience.

Media relations contact

Mark Bonthrone
Telephone: +1 914 828 6511
Email: Mark_Bonthrone@SwissRe.com

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