Prima Solutions Expands Product Offering and Geographical Reach Through the Acquisition of ICOD Inc.
Summary
Hugues Delannoy, Chairman of Prima Solutions, said: " This acquisition provides a unique opportunity to accelerate our growth strategy and gain scale both in France and internationally.Pascal Gosset, Founding President of ICOD Inc., added: " Having already worked closely together with Prima on several occasions, our shared vision has led us to join forces to position ourselves as one of the strategic technology providers in the Property and Casualty and the Life and Health insurance markets.The combination of both organizations will allow clients continue to benefit from the same high level of quality service and expertise while also gaining access to increased product offerings through a single software provider ".100 percent web enabled, modular, multilingual and delivered via SaaS mode, Prima Insure™ addresses the entire life cycle of an insurance policy: distribution; underwriting; contract; claims, financial management and predictive analytics.Founded in 2000 in Montreal ICOD delivers the software platform Life and Health insurers need to gain in agility and efficiency in a highly competitive market.
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