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iPipeline buys Aplifi, claims #1 over rival Ebix

Exton insurance software maker adds Fla. annuity software firm

iPipeline, the Exton lnsurance software company, has bought Pompano Beach, Fla.-based rival Aplifi (formerly Blue Frog Solutions) for an undisclosed price.
The deal gives iPipeline "the largest life and annuities platform in North America," spokesman Mike Persiano told me. And given "the recent shake-up at Ebix," the publicly-traded iPipeline rival whose share prices fell more than 50% after disclosing a federal investigation in June, "we expect to see more and more of their customers joining our network."
Aplifi employs 60; ceo Dan Smith is joining iPipeline as EVP for annuities; he'll report to iPipeline CEO Tim Wallace. iPipeline claims 150 insurers, 1,300+ insurance businesses and 425,000 industry workers use its software.