Paperclip, Inc., an insurance technology company focused on secure data exchange, document intelligence, workflow, and orchestration solutions, today announced that it has completed the acquisition of substantially all the operating assets of Apis Productions, LLC.
“The acquisition of Apis represents an important step in Paperclip’s evolution into a broader, connected insurance technology platform,” said Ron Alexander, Chief Executive Officer of Paperclip.
The acquired business will operate as Apis Technologies, LLC, a wholly owned subsidiary of Paperclip. This structure is designed to preserve the established identity, customer relationships, and specialized capabilities of Apis while providing the subsidiary access to Paperclip’s resources, technology platform, and broader insurance-industry relationships.
Apis brings complementary capabilities spanning insurance-industry websites and portals; a seamlessly integrated connectivity network linking most leading insurance technology platforms; hosting and security; custom application development; marketing; and AI consulting services. The acquisition strengthens Paperclip’s ability to connect insurance carriers, distributors, BGAs, IMOs, producers, and solution providers through more seamless digital experiences and technology-enabled services.
“The acquisition of Apis represents an important step in Paperclip’s evolution into a broader, connected insurance technology platform,” said Ron Alexander, Chief Executive Officer of Paperclip. “Apis brings strong customer relationships, deep insurance-distribution expertise, and valuable digital capabilities that complement our strengths in secure data exchange, document intelligence, workflow, and orchestration. Together, we can serve customers more comprehensively and accelerate our vision for a more connected, secure, and intelligent insurance ecosystem.”
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