EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, has acquired product warranty analytics firm After based in Norwalk, Connecticut.
The company stated that the acquisition was made to further strengthen and grow EPIC subsidiary PowerGuard Specialty Insurance Services, a renewable energy programme manager based in the US.
After, a subsidiary of Fulcrum Analytics, is led by chief executive officer Nathan Baldwin, and chief technology officer David King. After's four core product offerings include - warranty marketing, warranty analytics, warranty administration and the After Protection Plan which includes data recovery services.
"For several years we have been searching for the right data analytics partner to strengthen and augment PowerGuard's offerings, and to create new capabilities for their diversification into product warranty fields other than wind and solar," said John Hahn, CEO and co-founder of EPIC Insurance Brokers and Consultants.
"It became evident to us that After, Inc. provided the best platform and partnership to enhance and grow PowerGuard. This is a very exciting development for PowerGuard's clients and their other business partners around the world."
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EPIC Insurance Brokers and Consultants, M&A, Acquisition, After, Product warranty analytics, PowerGuard Specialty Insurance Services, North America