Xceedance acquires Millennium Information Services from Illinois

Xceedance announced that it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago.

With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 surveyors, strengthening its underwriting support and analytics capabilities for insurers and MGAs.

Xceedance said the acquisition accelerates expansion into personal lines and provides a foundation to provide inspection and data analytics solutions to commercial operators and MGAs.

Millennium performs over 1 million residential, commercial and agricultural inspections annually and works with over 80 insurance companies and MGAs.

TOPICS
Illinois Mergers and Acquisitions