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Zywave Inc.
Zywave provides cloud-based software for insurance brokerages, backed by TA Associates. Founded in 1997, CEO Jack Tierney.
Zywave Inc.
Zywave was founded in 1997 as a technology provider for the insurance brokerage market. The company's core offering is a software platform that integrates client management, quoting, marketing, and compliance tools for independent agents and brokers. Jack Tierney serves as CEO, having led the company since 2017 (per the firm's website). Zywave has grown primarily through organic product expansion and targeted acquisitions. The firm builds its platform around three main capabilities: agency management systems, data analytics for risk assessment, and compliance tracking. It serves over 7,000 brokerages in the US and Canada, per a 2023 press release. Zywave has acquired several niche software firms, including BenefitPoint in 2018 and SilverPlume in 2019. Zywave is backed by private equity firms, including TA Associates, which made a majority investment in 2018. The company maintains its headquarters in Milwaukee and has additional offices in the Chicago area. Recent activity includes the June 2023 launch of a new AI-powered quoting tool, per a company announcement. Zywave's structural differentiator is its vertical focus: it builds exclusively for the insurance brokerage workflow, a sector with high stickiness due to regulatory complexity. The firm operates as a pure asset manager via its PE backing, with TA Associates providing capital and strategic oversight while management runs day-to-day operations.
General information
Firm type
Asset Manager
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Milwaukee
Corporate office
Milwaukee, Wisconsin, United States
Principals
Jack Tierney
CEO
Sector focus
Frequently asked questions
Who owns Zywave?
Zywave is majority-owned by TA Associates, a Boston-based private equity firm that invested in 2018. Management, including CEO Jack Tierney, also holds equity. No other ownership details are publicly disclosed.
What products does Zywave offer?
Zywave's platform includes agency management systems, quoting and proposal tools, compliance tracking, and data analytics. The firm also provides marketing automation and benchmarking tools for insurance brokerages.
Does Zywave serve international markets?
Zywave primarily serves the United States and Canada. The company's client base of over 7,000 brokerages is concentrated in North America, per a 2023 press release.
How does Zywave generate revenue?
Zywave generates revenue through subscription licensing of its software platform. Clients pay annual or multi-year fees based on the modules they use and the number of users. The firm also offers professional services for implementation and customization.
Who are Zywave's main competitors?
Zywave competes with other insurance technology providers such as Applied Systems, Vertafore, and EZLynx. In the benefits administration space, it also competes with firms like Benefitfocus and PlanSource.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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