MIB reaches agreement to acquire underwriting services provider RiskRighter

MIB has reached an agreement with Crump Life Insurance Services, LLC to acquire RiskRighter, LLC, a provider of underwriting services to insurance carriers, distribution agencies and other businesses across the life insurance sector.

Andrea Caruso, MIB’s Chief Operating Officer, commented: “MIB is excited to add RiskRighter’s capabilities to our Medical Data Solutions portfolio. RiskRighter’s ability to provide reliable medical record summaries and other services that have been verified by underwriting experts will expand our offering of dependable underwriter solutions.”

Mike Martini, President, Crump Life Insurance Services, said: “MIB is a natural fit to to support RiskRighter’s clients and expand RiskRighter’s reach within the life insurance industry. We started the RiskRighter business in 2006 and fully expect to remain a client as MIB takes this  platform to another level.”

Caruso, added: “RiskRighter’s products compliment and enhance our Electronic Medical Data Services, providing expanded capabilities that support the review, structuring, and assessment of medical data. MIB is committed to expanding RiskRighter’s capabilities by powering them with additional technology, while maintaining the high quality that their clients rely on.”

It is key to highlight that this acquisition expands MIB’s portfolio of underwriting services and ultimately brings new capabilities towards their Medical Data Solutions platform.

Furthermore, terms of the transaction were not disclosed.

In May 2022, MIB acquired APEXA from Reinsurance Group of America.

The post MIB reaches agreement to acquire underwriting services provider RiskRighter appeared first on ReinsuranceNe.ws.

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