Compelo Insurance is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

Sword Group Purchases AgencyPort

For expanding its base to the North American market

Sword Group has acquired the full share capital of Boston-based AgencyPort, a provider of insurance distribution technology. The acquisition follows the company’s plans to expand its base to the North American market.

Steve Hauck, co-founder of AgencyPort, will lead Sword’s insurance division as CEO in the Americas and AgencyPort co-founder Eric Harnden will take on the global role of CTO for Sword in insurance.

Reportedly, Sword’s insurance proposition intends to bring a combination of products that span policy administration (Sword Intech) and multi-channel CRM (Sword Ciboodle) with AgencyPort’s distribution technology (the renamed Sword AgencyPort).

Heath Davies, CEO of Sword Group, said: “The acquisition of AgencyPort is a strategic step for the Group and our customers. We are moving towards our goal of providing an impressive a-la-carte portfolio of leading software solutions encompassing policy administration, CRM and distribution technology to the global insurance marketplace.”