LeadCloud Acquired by National General Holdings Corp to Bolster Carrier and Agency Offerings
– LeadCloud announces that it has been acquired by National General Holdings Corp., a leading personal lines insurer.
As part of its vision to build a comprehensive set of products and services for the entire insurance ecosystem (consumers, agents/brokers, and carriers), NGHC will now include the LeadCloud data integration platform in its offerings. Real time data integration is an exponentially growing necessity for any company in the insurance vertical, and the LeadCloud Platform provides a One & Done integration to partners for carriers, agencies, and 3rd party service providers. LeadCloud will be leveraged to assist NGHC partner agencies integrate with lead providers as well as assisting third party carriers integrate with data providers including but not limited to lead providers, raters and IoT data providers.
“We are excited to have the LeadCloud team onboard”, said Barry Karfunkel, National General’s CEO. “We expect to see a lot of growth in our disruptive carrier solutions including improved rating solutions as well as IoT partner integration services, both of which are in high demand right now”.
About LeadCloud, LLC
LeadCloud is a cloud based data integration platform with over 350 customers and processing over 1M transactions per day. LeadCloud is active in all insurance verticals, as well as Mortgage, Home Services, and the IoT vertical (Smart Car, Smart Home, Fit Tech).
About National General Holdings Corp.
National General Holdings Corp., headquartered in New York City, is a specialty personal lines insurance holding company. National General traces its roots to 1939, has a financial strength rating of A- (excellent) from A.M. Best and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products.
Director of Investor Relations