Modgic

Solana Beach, United States Founded: 2011 • Age: 15 yrs Acquired By Zywave
Software suite for insurance industry
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Modgic

Modgic is a company based in Solana Beach (United States) founded in 2011 was acquired by Zywave in May 2021. Modgic offers products and services including Employee Benefits Sales Cloud, Client Cloud, Content Cloud, Analytics Cloud, and Commercial Lines Sales Cloud. Modgic operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, Sapiens and Riskcovry, among others.

  • Headquarter Solana Beach, United States
  • Sectors
    Financial Services
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • Latest Funding Round
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  • Investors
  • Employee Count
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  • Acquired by
    Zywave

    (May 13, 2021)

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Products & Services of Modgic

Modgic offers a comprehensive portfolio of products and services, including Employee Benefits Sales Cloud, Client Cloud, Content Cloud, Analytics Cloud, and Commercial Lines Sales Cloud.

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Primary

Streamlines benefits workflows from prospecting to renewals for agencies

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Provides tools for client service and resource management in insurance

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Delivers educational content for employee benefits and risk engagement

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Offers analysis for medical plans and claims to drive value

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Manages P&C workflows for prospecting and renewals in agencies

Funding Insights of Modgic

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Detailed funding history for Modgic

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Investors in Modgic

Modgic has secured backing from 1 investor. Prominent investors backing the company include Zywave.

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Investor Description Founded Year Domain Location
Cloud-based agency management solutions are provided for the insurance industry.
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Investor details for Modgic

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Investments & Acquisitions by Modgic

Investments
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Investment portfolio details for Modgic

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Financial Statements - Modgic

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Detailed financials for Modgic

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Modgic Comparisons

Modgic Primary company
Description
Software suite for insurance industry
Location
Solana Beach, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Modgic

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Competitors of Modgic

Modgic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSource Pro, Socotra, FintechOS, Sapiens and Riskcovry, among others.

Company Name Domain Founded year HQ Location Description
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Insurance policy and claim management solutions for the insurance industry
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Cloud-based solutions for insurance policy management and underwriting are offered.
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AI-based software suite is provided for banking and insurance sectors.
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Insurance policy administration and compliance solutions for the insurance industry
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A platform for digital insurance distribution and management is provided.
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Cloud-based policy management and underwriting solutions for insurance are provided.
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Detailed competitors of Modgic

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Latest news on Modgic

Zywave announces latest acquisition
Insurancebusinessmag5 years ago
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Complete news archive for Modgic

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Frequently Asked Questions about Modgic

Modgic was founded in 2011.

Modgic is headquartered in Solana Beach, United States. It is registered at Solana Beach, California, United States.

Scott Knowles is the current CEO of Modgic.

Modgic was founded in 2011 and is headquartered in Solana Beach, United States. A SaaS-based software suite is provided for the insurance sector, with solutions encompassing sales and distribution, underwriting analysis, quoting and binding, reporting, mod calculators, and customer management. Operations focus on streamlining insurance processes through these integrated tools.

Modgic's top competitors include FintechOS, Instanda and Socotra.

Modgic offers Employee Benefits Sales Cloud, Client Cloud, Content Cloud, Analytics Cloud, and Commercial Lines Sales Cloud.

Modgic has 1 investor. Key investors include Zywave.

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