BID Equity establishes new software group for insurance and financial brokers

Insurgo, 03 Aug 2025

BID Equity Fund III is pleased to announce the acquisition of Insurgo GmbH, a leading provider of modern, cloud-based broker management software, as the anchor investment for a new software group. Following the subsequent merger with FINASS GmbH in the first half of 2025, a powerful software group for insurance and financial brokers is being formed.

Insurgo is renowned for its innovative technology, AI-based document management, digital signature capabilities, smart workflows, and a proprietary client app. This cloud-based solution is used by numerous forward-thinking brokers and significantly reduces administrative burdens.

FINASS is a long-established finance and insurance database, developed by brokers for brokers. In the market since 1995, FINASS is utilized by brokers throughout Germany and brings decades of experience to the new group.

By bringing these companies together, BID Equity is creating a new software platform that enables insurance and financial brokers to work even more efficiently, customer-oriented, and future-proof. With intelligent interfaces to insurers, comparison platforms, and external systems, the software provides a seamless digital infrastructure, delivering significant productivity gains in a modern working environment.

Yannick Leippold, founder of Insurgo: "With Insurgo and FINASS, we are combining two complementary providers of broker management software. The new software group will offer insurance and financial brokers a comprehensive digital ecosystem, setting new standards for efficiency and customer centricity. We look forward to a successful future together!"

BID Equity’s goal is to systematically expand the group together with Insurgo and FINASS, continuously adding new functionalities. This collaboration combines the industry-specific and technological expertise of both companies with BID Equity’s financial resources and buy-and-build experience. This creates a strong foundation for further growth, the development of innovative products, and international expansion.

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