ReSource Pro, a company that supports operations in the insurance industry, has acquired Supportive Insurance Services (SIS), a firm based in Indiana that specializes in licensing and renewal services. The deal brings together SIS’s expertise in adjuster licensing and compliance with ReSource Pro’s existing services, such as surplus lines tax filings and corporate and franchise tax reporting.
This combination offers insurance companies a smoother way to handle their compliance needs. The integrated technology from both companies helps reduce manual tasks and makes sharing data easier, keeping everything running efficiently.
TAG Financial Institutions Group advised SIS on selling the company, while Morgan Partners acted as the exclusive financial advisor to ReSource Pro. This move strengthens ReSource Pro’s position as a one-stop resource for insurance compliance services, offering a broader range of solutions to help insurers stay on top of regulatory requirements.