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Article: UniRisX, LLC Announces Private Equity Funding and Acquisition of SaaS Insurance Service Provider UniRisX.

Article from:
China Weekly News
Article date:
July 7, 2009
Copyright

UniRisX, LLC announced the successful acquisition of UniRisX Ltd (www.unirisx.com), the leading SaaS provider of global insurance services, and concurrent formation of parent company UniRisX, LLC. A seasoned executive team led the acquisition of UniRisX with the backing of a private equity consortium. Financial terms were not disclosed.

Insurance industry veteran David P. Hollander, former managing director of Accenture's Global Insurance Software Solutions Group, will assume the role of Chief Executive Officer. The existing UniRisX management team will remain intact and will be supplemented by key executives in strategic locations in the United States, the U.K. ...

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