Fortegra Financial Acquires For $37 Million

Fortegra Financial Corporation (NYSE:FRF) has announced that they are going to acquire eReinsure develops web-based technologies for reinsurance process control and information management. The acquisition price was $37 million. eReinsure will help Fortegra build upon their web based negotiation platform to insurers, reinsurers, and brokers. eReinsure started 11 years ago and has about 15,000 registered users across 80 countries.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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