Zywave acquires risk management platform in latest merger

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Insurance technology provider Zywave has acquired Enquiron, a risk management and consultative business solution, for an undisclosed amount. This is the fifth acquisition Zywave has made in two years.

This acquisition will continue to expand Zywave’s customer base among insurance carriers, payroll and human capital management providers. Enquiron will help Zywave develop a proactive culture with employers, while helping to reduce claims. This aligns with Zywave’s focus on client engagement.

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“Enquiron was attractive because they deliver outstanding client engagement and ROI results related to both time and cost savings. Adding Enquiron to the Zywave family complements our existing commitment to innovation, service and growth,” says Jason Liu, Zywave CEO. “Additionally, the company cultures were a solid match. Both Zywave and Enquiron live a culture that thrives on employee engagement and opportunity.”

This is Zywaves third acquisition in the last four months and its first in 2021. They company's most recent merger was Advisen, a data, media and technology solutions provider. Prior to buying Advisen, Zywave purchased ITC, a marketing and management software services provider.

Read More: Zywave adds to its insurance portfolio with latest M&A activity

Zywave plans to integrate Enquiron’s solutions and user experience into its own product cloud portfolio. By doing this, Zywave says it will be able to utilize Enquiron’s offerings to enhance its own risk management solutions for clients.

“Our acquisition pace continues to pick up as we constantly look to add complementary options to our existing Zywave products,” Liu says. “We have great momentum and excitement around these acquisitions and plan to continue adding value and outstanding service to our partners.”

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