iPipeline, a leader in software that supports marketing, selling, and processing solutions for insurance companies, announced the acquisition of the assets of GaleForce Solutions.

GaleForce provides advanced CRM with client management, productivity, compliance and security tools, and industry-specific integrations to insurance agents, broker-dealers, and other financial services professionals. Based on Microsoft Dynamics, GaleForce solutions are deployed either on-premise or online via their software-as-a-service model and deployed through a network of system-integration and reseller partners. The acquisition provides iPipeline with additional employees bringing CRM experience in financial services.

“The acquisition of GaleForce supports our strategy to penetrate the wealth management, banking and broker-dealer markets while expanding our capabilities in the insurance industry,” said Tim Wallace, CEO of iPipeline. “With diversified customers in Africa, the Americas, Asia, Europe, and Oceania, we have taken the first step in creating a global footprint in the financial services industry. GaleForce provides their target markets with comprehensive CRM solutions designed to enhance advisor and agent productivity, ensure regulatory compliance, and safeguard business transactions.”

GaleForce’s SaaS-based model and solutions portfolio mesh perfectly with iPipeline's vision to transform ideas into solutions that revolutionize the financial services industry, according to Wallace.

“The planned integration of their products with iPipeline's Velocity platform will open up straight-through processing for our global financial services clients,” he said. “We look forward to working with the GaleForce team and are excited about expanding our solutions portfolio.”

“As part of iPipeline, we will offer our international client base additional product integrations to improve productivity, streamline processing activities, and automate workflows,” said Kirk Herrington, chief technology officer, GaleForce Solutions. “Our client management, communication and discovery tools deliver a competitive edge to businesses in the financial services industry and are easily accessed via Microsoft Outlook. Their integration with the iPipeline platform provides enormous value to our customers, and we are excited about the possibilities for the future.”

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