NEWTOWN SQUARE, PA — Martin & Company has secured a substantial investment from Polaris Growth Fund (PGF), a seasoned firm with over two decades of experience in technology investments. This strategic partnership is expected to further strengthen Martin & Company’s position as a leader in the insurance technology and services sector.
Martin & Company, established in 1993 by Paul P. Martin, has carved a niche for itself by providing top-tier products and services to insurance carriers and Managing General Agents (MGAs). The company’s offerings are designed to help clients streamline their operations across the insurance product lifecycle while efficiently navigating the intricate web of compliance and regulatory requirements.
The company’s robust technology solutions, including OneView, MyCircularActivity.com, and FilingsDirect.com, coupled with its team of experienced state filing and product specialists and consulting actuaries, have made it an indispensable part of the insurance product and program business cycle.
“Our goal has always been to put our customers first and to create a suite of products and services that are unparalleled,” said Martin, who will continue his role as CEO. “This alliance with PGF will open up new avenues for growth and optimization of our offerings, enabling us to broaden our reach and better serve our clients in a highly complex regulatory landscape.”
Joining the management team as part of this development are two veteran insurance industry executives, Paul Areida, former CEO of MGA Systems, and Dave Acker, ex-Vice President at Vertafore. They will work alongside Sonja Rodebaugh and Matthew Heilmann to further the company’s growth.
Areida commended the company’s strong value proposition, stating, “Martin & Company’s offerings allow clients to achieve compliance while maximizing efficiency and speed to market, a vital combination in today’s complex regulatory environment and competitive landscape. We are excited to support Paul and his team as they expand their client and platform footprint.”
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