Source: Coverager

The move positions VIU for rapid expansion as it strengthens its roster of financial institution partners and opens its digital platform to new customers. Terms of the transaction were not disclosed.

“With strong partnerships in the financial institution space, this acquisition marks a significant milestone in VIU by HUB’s mission to provide consumers choice and neutrality throughout their purchasing journey,” said Bryan Davis, President of VIU. “We are excited to build upon the momentum of Insuritas by combining their expertise with our enhanced digital capabilities and customer experience, empowering financial institutions to drive revenue and improve retention.”

Insuritas has strategic partnerships with more than 100 banks and credit unions throughout the U.S. Through this acquisition, existing and future banking customers gain access to VIU’s team of unbiased advisors and advanced technology capabilities. Insuritas Chief Executive Officer Jeff Chesky joins VIU along with Chief Operating Officer Dave Grimson, Chief Marketing Officer Donna Jermer and members of their team.

“We are thrilled to join forces with VIU by HUB to advance our shared mission of providing a seamless, transparent shopping experience in which customers have the ability to find the right coverage at the right price,” said Chesky. “We look forward to leveraging VIU by HUB’s strength as an innovative digital insurance marketplace to grow our existing relationships and expand new capabilities within the financial institution space.”

Read the full article: https://coverager.com/hub-international-to-acquire-insuritas/