For Sword, the deal marks one of its largest payor partnerships in Canada and expands its footprint in the group benefits market.

MSI expects to complete its investment under the agreements in the first quarter of 2026.

The platform is available to academies and local authority schools and is intended to simplify renewal shopping.

The deal, first announced in October, is non-dilutive and is expected to add more than $8 million in revenue over the next year with Adjusted EBITDA margins above 25%.

The launch follows Eleos’ August rollout of Theea, an intelligent chatbot that guides customers through their insurance application.

The company just raised a $23 million Series B led by Five Elms Capital.

The company uses value-based contracts, such as shared savings or bundled payments.

SoulCycle is a participating provider.

The company sells medical and pharmacy benefits to small employers.

N-able partnered with Cysurance to offer MSPs a warrantied cyber-protection program.

Ward joined Boston Mutual Life in 2016.

The system reads documents, analyzes evidence, listens to deposition audio, validates coverage, and recommends next steps "within seconds."

GAINSCO has operated under the same visual identity for years.

Firms will also partner on insurance asset management.