Worcester, MA, November 20, 2019 – Covenir LLC (“Covenir”), a technology enabled provider of Business Process Outsourcing for property and casualty insurers, today announced that its business has been acquired by a Volaris Group company (“Volaris”). An operating group of Constellation Software Inc., Volaris is committed to strengthening and growing vertical market technology companies.
“We are proud of our unprecedented growth over the past three years since launching Covenir’s Business Process Outsourcing (BPO) offerings to the nation’s leading property and casualty insurance carriers” said David Squibb, President of Covenir. “Covenir has differentiated itself through its innovative technology enabled services and our unique approach to tailoring solutions that fit the needs of insurers of all sizes. As part of the expanded organization, the Covenir team and its clients have access to extensive resources and a global network of relationships to continue to accelerate our growth and service offerings.
In keeping with Volaris’ philosophy of acquire, strengthen and grow, Covenir maintains its independence with support, coaching and best practices from Volaris. David Squibb leads the business as President, along with the existing management team.
Covenir is the leading Property and Casualty business process outsourcing provider with a suite of insurance services including policy servicing, customer service, billing, lockbox, print/distribution, first notice of loss, underwriting, policy advising/sales and marketing campaign support. Their customers include insurance carriers, MGAs/brokers, fair plans, and state insurance government agencies. For a detailed description of Covenir’s services, please see https://www.covenirbpo.com.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an operating group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more atwww.volarisgroup.com.