iptiQ acquires AccuQuote

Swiss Re’s subsidiary iptiQ by Swiss Re has acquired its partner AccuQuote Insurance . IptiQ will integrate AccuQuote’s capabilities into its white-label offering, enabling both existing and new B2B partners, 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 with iptiQ since 2017.

“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.” – Phil Walker, CEO, iptiQ Americas.

“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.” – Jeremy Hewett, president and COO of AccuQuote.

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