Private client insurance sister company Seeman Holtz Property and Casualty has made a major move into technology with its latest acquisition.
The Boca insurance company has announced its 50th acquisition—Boston-based online home and auto insurance technology platform, Goji (formerly Consumers United, Inc.). Goji operates an online analytics platform that matches clients’ needs with the right coverage at the best price through an integrated network of more than a dozen insurance carriers.
Eric Holtz, Executive Vice President, and Chief Marketing Officer of the private client insurance sister company, said, “Goji has developed a brilliant model of acquiring new clients by utilizing data, analytics, and online marketing, complementing our existing capabilities for servicing and selling additional products to existing clients. This unique combination will supercharge our business and further enhance our innovative focus on leveraging data and analytics to achieve operational excellence.”
Seeman Holtz Property and Casualty will integrate Goji’s platform throughout its divisions and vertical offerings, while Goji’s clients will get an immediate boost with access to the 400+ carrier relationships and the 50 state agent licenses of the Boca insurance company. The combination also improves Seeman Holtz Property and Casualty’s ability to expand digital marketing channels and partnerships.
Peter Breitstone, Goji’s CEO noted, “these are exciting times in the Insurtech space. The ability to leverage Goji’s proprietary technology platform across SHPC’s clients, carriers and partnerships will create opportunities not only for the existing business but also for future partners seeking to participate in the insurance technology revolution.”
Seeman Holtz Property and Casualty has been in expansion mode with numerous acquisitions, and it continues to look for more high-quality companies.
Marshal Seeman, President of Seeman Holtz Property and Casualty, stated, “Completing our 50th acquisition is not only a significant milestone but also a testimony to our value proposition to potential sellers. We have become the industry leader in attracting acquisition partners who are interested in partnering with a fast-growing national insurance platform while continuing to grow their business. Goji is a big win for us. The culture is a great fit and the synergies and opportunities are extraordinarily complimentary. The Goji team will have an instant impact on our existing InsurTech platform.”
Seeman and Holtz started Seeman Holtz in 1998 as a firm of financial advisors for pre- and post-retirement planning firm. Since then, the Seeman Holtz family of companies has expanded to include coverage for home, life, auto, boat, private client insurance and business insurance.