K2 Insurance Services has announced its acquisition of Montana-based insurtech Loss Run Pro (LRP).
LRP was founded in early 2020 by Reghan Brandt and focuses on harnessing technology to solve issues across the insurance placement process.
K2 considers this a quality acquisition offering growth opportunities throughout the US.
Regarding the effectiveness of LRP technology and broader approach, K2’s President Mark Smith said, “After seeing demos of countless ‘Insurtech’ tools, Loss Run Pro is the best I have seen because it uses technology to solve meaningful issues of the insurance placement process and simplifies that process for all parties.”
