Posted on 19 Jan 2010
Inpoint, the recently launched Aon company formed to help insurance carriers improve their performance, today announced the acquisition of claims industry leader Futurity Group. Financial terms were not disclosed.
Futurity, a leading provider of claims consulting services and solutions for the property and casualty insurance industry, delivers a broad range of strategy, process, analytics, sourcing and technology consulting services.
"This acquisition reflects our commitment to creating and securing the top resources and talent available for our carrier clients," said Steven Kauderer, managing partner of Inpoint.
Michael R. Moran, managing partner of Inpoint, added: "We welcome our colleagues from Futurity to the firm, and look forward to merging their talent, skills and deep expertise into our successful team of insurance industry executives and experts."
"Futurity has been the only company exclusively focused on improving property and casualty claims performance through a unique combination of consulting services and data-driven solutions," noted Judy Merante, current president and managing partner of Futurity. "With the birth of Inpoint and its unmatched facts, insight and expertise, it was in the best interest of carriers that we marry our firms to ensure the best outcomes for our clients. We are thrilled to be on board."
Inpoint clients worldwide will benefit from Futurity's deep claims expertise and fact-based solutions while existing Futurity clients will enjoy access to an expanded network of professionals via Inpoint's global network.
Inpoint is based on the simple belief that a dedicated team of insurance professionals utilizing a large and unique set of industry facts can deliver more value to insurance companies than any other firm. An Aon company, Inpoint not only has an unmatched team of "from the industry" professionals, but also access to proprietary industry data based on more than $90 billion of annual premium flow. This translates to advice based on real-time factual information as opposed to theory. The company serves clients from offices in Chicago, New York, Minneapolis, Dallas, Pittsburgh, London, Dublin and Sydney with access to resources from Aon's global network of more than 500 offices in 120 countries.