Whitehill Technologies has reached an agreement with Standard Register to acquire its subsidiary InSystems, which specializes in complex document and compliance automation for insurance and financial services companies.
Whitehill said that the combined company’s critical mass will be nearly 1,000 customers strong, including several hundred insurance companies and more than half of the world’s largest law firms.
We believe that InSystems will be better positioned for success as part of a software company, said Dennis Rediker, Standard Register’s president and CEO. InSystems is a recognized software technology leader with an attractive customer base in the insurance market.
Financial terms of the deal were not disclosed.