AuSuM Systems

AuSuM Systems specializes in innovative technology solutions for the insurance industry, focusing on streamlining operations and improving efficiency for insurers globally. Founded in 1994, AuSuM Systems provides technology solutions tailored for the insurance sector. The company was acquired by Insurity, Inc. , a portfolio company of GI Partners, in September 2021.

The acquisition aimed to enhance Insurity's cloud management capabilities. The company is headquartered in Miami Beach, US, and has engaged in a total of 1 deal to date. AuSuM Systems offers technology solutions that cater specifically to the needs of the insurance sector. Their offerings include software solutions designed to enhance operational efficiencies for insurers, enabling them to manage complex policies effectively.

The company’s products focus on automating key processes to help clients navigate the evolving challenges in the insurance market. AuSuM Systems generates revenue primarily through a subscription-based model, providing access to their insurance technology solutions and support services. Their pricing structure is designed to meet the diverse needs of clients, ranging from large insurers to smaller firms, ensuring ongoing value through software updates and comprehensive support services. With the recent acquisition on September 29, 2021, AuSuM Systems plans to leverage Insurity’s resources to enhance its cloud management capabilities.

This strategic move is aimed at accelerating the development of new technology solutions tailored for Property and Casualty insurers. The integration of resources will support the company's efforts to expand into new markets and strengthen its position in the insurance technology landscape.