Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago.
With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors, strengthening its underwriting support and analytics capabilities for insurers and MGAs.
Xceedance said the acquisition accelerates its expansion in personal lines and provides a foundation to offer inspection and data analytics solutions to commercial carriers and MGAs.
Millennium conducts more than 1 million residential, commercial, and farm inspections annually and works with 80+ insurance carriers and MGAs.
Topics Mergers & Acquisitions Illinois
Was this article valuable?
Here are more articles you may enjoy.
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
