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Policygenius to be acquired by Zinnia
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Apr 25, 2023
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InsurTech: Personal Lines

InsurTech: Personal Lines

View industry hub
Apr 25, 2023

Policygenius to be acquired by Zinnia

M&A

  • Policygenius, an online insurance marketplace for life, home, auto, disability, and renters insurance, is being acquired by Zinnia (previously SE2), a developer of insurance software solutions. This confirms reports by Coverager earlier last week that disclosed Policygenius was on the lookout for a potential buyer.

  • Policygenius will continue to operate under its own brand following the acquisition and will continue to offer its full suite of online services. In addition, the acquisition will help Zinnia expand its digital distribution solutions and create new opportunities to cater to insurance carriers.

  • The combined entity will have more than 60 carriers and 50 distribution partners and 2 million+ policyholder customers.

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