Claims Business: Insurity and Instec, Arturo, CCC, Verisk By Claims Journal staff | May 11, 2021 Insurity Completes Acquisition of Instec Insurity has completed the acquisition of Instec, a company based in Naperville, Ill. that provides analytics software to more than 300 property and casualty insurers. Insurity, based in Hartford, Conn. said that acquisition enables it to expand into the $40 billion program business and broadens its offerings for managing general agents. The program market is highly profitable, with specific risks known for each insured group. However, the program business is also highly competitive, with many P&C carriers competing each year to retain each risk group, Insurity said in a press release.