Close Close

Life Health > Life Insurance > Term Insurance

Vertafore To Acquire BenefitPoint

Your article was successfully shared with the contacts you provided.

An insurance software company is scooping up one of the pioneers in the Web-based benefits distribution market.

Vertafore Inc., Bothell, Wash, says it has agreed to acquire BenefitPoint Inc., San Francisco.

The companies are not disclosing the cost of the deal or other terms.

BenefitPoint is best known for a Web-based benefits distribution system aimed at agents, brokers and other benefits advisors.