Cloud-based insurance policy management platform JAVLN has bought the document management and workflow software of tech solutions and services provider Technosoft Solutions.
Founded in 2002, Technosoft Solutions enables around 300 brokers and underwriters across Australia and New Zealand to better manage electronic files and team workflow.
The deal includes the acquisition of Technosoft Solutions' OfficeTech product. It will also see Melbourne-based Technosoft Solutions staff including co-founder Irene Kendall, take on new roles within JAVLN.
JAVLN founder and CEO Dale Smith said adding the OfficeTech product to the platform will help brokers and underwriters improve their document management processes and gain extra productivity and compliance benefits.
“I am delighted to welcome Irene’s team and the respected OfficeTech brand to our business as we build a stronger Australian presence,” Smith said.
Kendall said: “Smart document management is now one part of digitally transforming policy management processes which are vital to every broker's ability to respond to cost and regulatory pressures. As a founder, I am proud to see my customers and people gain extra support and new opportunities within JAVLN.”
JAVLN is one of the winners of Global 5-Star Technology and Software Providers. Learn more the other awardees of this year's Top Insurtech Companies in Australia in IB's special report.
