Reinsurance News

Seeman Holtz marks 50th acquisition with insurtech platform purchase

13th November 2018 - Author: Staff Writer

Seeman Holtz Property & Casualty has marked its 50th acquisition with the purchase of Boston-based online home and auto insurance technology platform, Goji (formerly consumers United).

Seeman Holtz Property & CasualtyGoji operates an online analytics and data-driven personal lines insurance distribution platform that matches clients’ needs with coverage through an integrated network of over a dozen national insurance carriers.

The company offers personalised, real-time, value-based insurance products designed to fit clients’ individual coverage requirements.

SHPC says it will incorporate Goji’s technology platform throughout its divisions and industry verticals to maximise operational efficiency, best address client needs, and increase production within its existing and future partnerships.

Meanwhile, Goji’s clients will receive an immediate boost with access to the 400+ carrier relationships and the 50 state agent licenses of SHPC.

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It’s hoped this combination will also enhance SHPC’s ability to continue expanding its access to additional digital marketing channels and partnerships, cementing its position as a national leader in online digital marketing and customer acquisition.

“A rapidly growing technology-enabled agency platform with diversified product lines across commercial and personal lines is a winning formula,” said Matt Coffin, Chairman, and investor in Goji. “We look forward to continuing to help the business grow and expand.”

Peter Breitstone, Goji’s Chief Executive Officer noted, “These are exciting times in the Insurtech space. The ability to leverage Goji’s proprietary technology platform across SHPC’s clients, carriers and partnerships will create opportunities not only for the existing business but also for future partners seeking to participate in the insurance technology revolution.”

Marshal Seeman, President of SHPC, added, “Completing our 50th acquisition is not only a significant milestone but also a testimony to our value proposition to potential sellers.”

“We have become the industry leader in attracting acquisition partners who are interested in partnering with a fast-growing national insurance platform while continuing to grow their business. Goji is a big win for us.”

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