NEW YORK — Oct. 17, 2022 — ReSource Pro, a market leader in business process solutions for the insurance industry, today announces its acquisition of MIS Insurance Services LLC., a customized software solutions company that provides an integrated suite of web-based services to the commercial P&C insurance market.
Among a series of recent acquisitions, the addition of MIS is a part of ReSource Pro’s strategy to deepen offerings and opportunities for underwriting organizations while reducing the time and effort required to start new programs.
“The business of MGAs and other underwriting organizations is changing rapidly. ReSource Pro is committed to providing solutions that allow all insurers to focus on their core value proposition while we provide the expertise and resources necessary to support their business operations,” said Dan Epstein, CEO of ReSource Pro. “MIS allows our clients to launch new programs with less risk, paving the way for more nimble and innovative ways to grow their books of business.”
ReSource Pro is uniquely positioned to grow the business by providing the resources and expertise necessary to expand the reach of the MIS solution and increase innovation within the industry. MIS President Kris George will continue to lead the MIS team as managing director with ReSource Pro, joined by MIS’s current staff based in the company’s Maitland, Florida office.
“This acquisition provides MIS with the ability to expand our reach through ReSource Pro’s established and growing network of carriers, MGAs and program administrators,” said Kris George. “With ReSource Pro’s deep experience in business process management and global reach we look forward to enhancing outcomes for our current customers while providing valuable solutions to ReSource Pro’s roster of clients.”
The transaction closed on October 14, 2022. RVR Consulting Group acted as advisor to MIS in the deal.
About ReSource Pro
ReSource Pro is an insurance-focused business solutions company that integrates people, process, technology, and data analytics. Over 1,000 carriers, brokers, and MGAs rely on ReSource Pro to execute strategies that improve profitability, accelerate growth, deliver improved claim outcomes, and enhance client and employee experience. With more than 6,500 employees globally, ReSource Pro provides business process management, strategic advisory services, management and organic growth consulting, training, and compliance solutions around the clock. ReSource Pro has been listed as one of the Inc. 5000 Fastest Growing Private Companies annually since 2009 and has consistently achieved a +95% client retention rate for over a decade.
About MIS Insurance Services
MIS is a tech-enabled business process management company specializing in policy administration and policy servicing solutions for the commercial P&C insurance market. Through an integrated suite of web-based services, MIS offers flexible solutions designed for carriers, MGAs and program administrators. MIS services include submission management, policy administration, regulatory compliance, accounting, and program analytics. http://www.misinservices.com/
About RVR Consulting Group
Established in 1999, RVR Consulting Group is a full-service management consulting company based in Winter Park, Florida, supporting small to midmarket companies with exit planning, growth strategy, and turnaround strategy. RVR partners with business leaders and provides tailored recommendations that optimize company performance, scalability, and profitability.