Roundcube Holding, the parent company of CCS and Paston, proudly announces the acquisition of Bugs Business. Bugs Business is a leading software partner specializing in providing modern front-office portals for insurance clients and employees, distribution partners, and brokers. The strategic acquisition of Bugs Business, which will continue to operate as an independent entity, enables Roundcube Holding to expand its leadership in the insurtech sector with innovative solutions in the front-office domain.
The Bugs Business platform, Imago, integrates with various back-office solutions, allowing the market to utilize a modern, cloud-based user interface. It offers CRM, policy, and claims functionalities for employees, agents, and end clients in both the personal and commercial property insurance markets. The platform consolidates all data and functionalities from various applications, ensuring user-friendliness and efficient workflows. Additionally, it provides modern “My Environment” features for consumers.
The Imago platform aligns seamlessly with Roundcube Holding’s strategy, which aims to support digital transformation through flexible front-, mid-, and back-office solutions, offering clients the freedom to choose their application use. This approach avoids “rip-and-replace” projects.
Jack van der Velde, CEO of Roundcube Holding, emphasizes: “Meeting the demand for modern, flexible front-office portals is a top priority for us. With the Bugs Business solution, clients can increase their STP and conversion rates, and users can work more efficiently and effectively.”
Pepijn Bakker, CEO of Bugs Business, adds: “As an independent entity within Roundcube Holding, Bugs Business gains the opportunity to further professionalize and accelerate our value proposition for the insurance industry. We view this collaboration as a strategic step towards the future and look forward to showcasing the benefits to our clients in the near term.”
The acquisition of Bugs Business is a significant milestone for Roundcube Holding and marks a new phase in its growth and development. Roundcube Holding remains committed to innovation and delivering products and services that transform the insurance industry.
About Bugs Business: Bugs Business is an advisor and software provider of front-office applications for the insurance industry. Bugs Business offers an employee and end-client portal that enables efficient work through a user-friendly interface. Since 2011, they have been ready to assist insurers and their distribution partners.
About Roundcube Holding: Roundcube Holding is a leading player in the insurtech sector, dedicated to providing advanced solutions to enhance operational efficiency and drive innovation in the insurance industry. Roundcube Holding is the parent company of CCS and Paston. CCS offers mid- and back-office solutions, while Paston provides a product rationalization and conversion tool. Together, they enable insurers, brokers, and intermediaries to compete at the forefront of the digital insurance market.
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