Fortegra Financial Acquires eReinsure.com For $37 Million
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Fortegra Financial Corporation (NYSE:FRF) has announced that they are going to acquire eReinsure.com. 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.