iCapital to Acquire Hexure for Integrated Annuity and Insurance Technology Platform
iCapital has announced a definitive agreement to acquire Hexure, a provider of digital sales automation solutions. This acquisition aims to create the industry's first end-to-end annuity and insurance technology platform, integrating Hexure's capabilities with iCapital's existing infrastructure. The combined platform will support the full lifecycle of insurance products, enhancing collaboration among carriers, asset managers, and distributors. Hexure's products will continue to serve existing clients while benefiting from iCapital's resources.
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iCapital has entered into a definitive agreement to acquire Hexure, a leader in digital and AI-powered sales automation for insurance and financial services. This acquisition is intended to create an integrated annuity and insurance technology platform, merging Hexure's digital sales solutions with iCapital's alternatives and structured investment offerings.
The platform will enable a seamless experience throughout the product lifecycle, focusing on collaboration among carriers, asset managers, and financial advisors. Hexure's FireLight and ForeSight technologies will be incorporated into iCapital's structure, enhancing support for annuity and life insurance processes. Both companies' products and partnerships will continue to operate, leveraging iCapital's broader resources.
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