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B.C.-based Zycomp Systems Limited, a Canadian software provider broadly accepted for its agent administering arrangement Power Broker, has been acquired by Acturis Group, a London, U.K.-based software as a account (SaaS) provider.

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Founded in 2000, Acturis provides technology solutions to accepted allowance brokers and underwriters in the U.K., Germany and internationally. Its technology is acclimated for bartering curve real-time cyberbanking trading amid brokers and insurers in the U.K. and Germany; it additionally provides real-time, multi-channel solutions for U.K. brokers and insurers.

“We accept been absorbed in the Canadian bazaar for some time, and we accept that the time is absolute for a new aspirant to access the market,” Theo Duchen, co-CEO of Acturis, commented in a account release. “This different aggregate [of Acturis and Zycomp] will accommodate brokers with absolute best and the best of both worlds: affiliated abutment and development of the Power Agent platform, and the adeptness to alteration to the best avant-garde allowance agent SaaS belvedere in the world, which is already activity alive with its aboriginal two Canadian brokers.”

Acturis has started the action of deployment of the Acturis SaaS belvedere in the Canadian market. It is advised to acquiesce Canadian brokers, insurers and managing accepted agents (MGAs) to account from connectivity and e-trade, as able-bodied as multi-channel and multi-language capabilities.

Founded in 1992, Zycomp is headquartered in Victoria, B.C. It letters that its Power Agent BMS band-aid is acclimated by 30% of the Canadian agent market. The aggregation says its agent software solutions are alive in added than 820 brokerages beyond Canada and the Caribbean.

Along with key management, Zycomp’s founders, Steve and Eila Zylak, who accept congenital the business up over the accomplished 27 years, will abide to accept a above advancing and full-time captivation in the Acturis Group.

“We are acutely admiring to accompany the Acturis Group and we feel that the aggregate of Zycomp and Acturis can accept a cogent appulse on the Canadian agent software landscape,” Zycomp CEO Steve Zylak commented. “I accept committed to break on for a minimum of bristles added years to abide to advance the Power Agent system, and to aid with the clearing to the Acturis apartment of articles and to advance integrations amid Power Agent and new Acturis products.”

The Acturis Group includes:

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