6 Acquisition International - M&A Awards 2017 Corsis Demotech Inc. Best Due Diligence Provider 2017 – USA & Most Innovative Business Intelligence Platform 2017 Best Independent Financial Analysis Firm - USA Corsis Demotech Corsis provides a revolutionary new way to objectively visualize the health, risk and opportunity within an organization’s technology operations. Demotech is a Columbus, Ohio based financial analysis and actuarial services firm. We invited Joseph Petrelli, President, to share an insight into the firm and the work it undertakes. MA170006 MA170003 Corsis has been supplying M&A due diligence, compliance readiness, and objective IT planning solutions to the world’s leading investors, investment advisors and corporations for more than 25 years. The Corsis approach and work product is unique, ensuring continuity and quality by delivering the most robust, comprehensive, and cost-effective solution in the industry. Corsis believes that the complexity of technology due diligence makes it critical to apply measurable standards to every element of a company’s technology operations. Corsis achieves this by leveraging a patent- pending scoring methodology which objectively gathers information and scores these data for adherence to best-practices, risk and compliance. Unlike traditional consulting firms, Corsis subject matter experts leverage the Corsis proprietary patent-pending business intelligence application to objectively gather information and score the technology operations of target companies. Using the Corsis application, subject matter experts perform assessments more efficiently and effectively than even their most seasoned competitors. Corsis customers receive more than a simple narrative report at the conclusion of an assessment. They Founded in 1985, Demotech provides Financial Stability Ratings ® to property and casualty insurance companies as well as title underwriters, risk retention groups, public entity liability insurance pools and health insurers. Joseph discusses the firm’s service offering in more detail and outlines how it works to support its clients at all times. “Here at Demotech, our firm remains on the cutting edge of new developments by having a wide variety of clients in virtually all jurisdictions writing all lines of insurance. We were the first rating agency to review and rate Lemonade Insurance Company, a homeowner’s insurer with an innovative marketing plan. Similarly, we have been retained to review and analyze the insurance coverages utilized by transportation network companies. Our utilization of technology is focused on providing clients with the timely information they need to make informed decisions allowing them to sustain their competitive advantage. “Fundamentally, we believe that we are an insurance company’s best alternative for several reasons. We employ a wide variety of long- tenured, credentialed insurance professionals who require continuing education to remain in good standing in their respective professional organizations. Equally important, we were the first to review and rate regional and specialty insurers. Prior to our involvement in 1989, the legacy rating agencies ignored this niche.” In his concluding comments Joseph outlines how his firm will be seeking to build upon its current success and grow even further as it looks towards a bright and invigorating future. “Since inception Demotech has experienced top line and bottom line growth as well as an increase in number of clients each year from 1985 to date. We remain uniquely positioned to assist independent regional and specialty insurers in their quests for excellence. “As we begin an expansion of our efforts in the health, dental and vision insurance and captive insurer areas, we look forward to bringing our professionalism and objective financial analysis to additional carriers that are unrated or under- rated by the legacy rating agencies. This is our project for 2017 and 2018 which we are incredibly excited about.” receive access to powerful industry benchmarking analytics, where they can drill down into the details of the assessment, compare the target’s segment and cumulative scores with other similar companies, and view their entire portfolio in one place. The Corsis team is as impressive as its approach. Unlike its traditional competitors, and in keeping with the company ethos, Corsis leadership and subject matter experts are all seasoned technologists with hands- on experience in applying the same best practices being measured and scored through the assessment process. Corsis aspires to become the standard in which all critical technology decisions are made, and has a staff and culture that fosters innovation, builds long term value for customers, and encourages a philanthropic spirit. Ultimately, Corsis is used by firms all over the world and across a wide range of industries. Current trends suggest that regardless of industry or company type, technology and compliance play an increasingly important part in a target company’s operations, risk and value. Moving forward, Corsis is poised to remain the preferred due diligence and planning partner for investors and corporations in this ever-expanding marketplace. Company: Demotech Inc. Contact: Joseph Petrelli, President Address: 2715 Tuller Parkway, Dublin, Ohio 43017-2310, USA Email:
[email protected] Phone: 614-761-8602 Website: www.demotech.com Company: Corsis LLC Contact: David Barnett Contact Email:
[email protected] Address: 290 W. Mt. Pleasant Avenue, Suite 2370, Livingston, NJ 07039, USA Phone: 12124037080 Website: www.corsis.com