Deloitte acquires insurance technology consultancy 4impact

by Ty Trumbull • Sep 26, 2022

Deloitte Australia has acquired insurance technology consultancy 4impact for an undisclosed sum.

This is technology M&A deal number 842 that ChannelE2E has covered so far in 2022. Discover over 2,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

Deloitte acquires 4impact

Deloitte, founded in 1845, is headquartered in London, England. The company has approximately 456,000 employees worldwide. Deloitte’s main areas of expertise are audit, advisory, advisory and tax service offerings. But the company also has a major presence in the global IT service provider (ITSP) market.

4impact, founded in 2005, is based in Brisbane, Queensland, Australia. The company has 102 employees listed on LinkedIn. 4impact’s areas of expertise include project delivery, PMO establishment, change management, IT leadership and implementation, business analysis, business process design, application development/ web, business intelligence, test automation, SOA, enterprise architecture, AWS, banking projects, data solutions, FSI, integrations, RPA, automation, digital lending, composable banking, core banking, Azure, system integrations, Kakfa, Confluent.io, core banking and master data management.

The acquisition will strengthen Deloitte’s insurance industry digital transformation offering and establish Deloitte as one of the leading Guidewire Certified Consultants in Australia, according to the company.

Guidewire is an insurance industry technology platform used by most insurance companies nationwide. The acquisition will increase Deloitte’s Guidewire team by about 50 people, the company said.

Former 4impact CEO John Ryan will become a partner at Deloitte Consulting, Deloitte said.

Deloitte Australia Acquires 4impact: The Insurance Industry’s Next Cloud Migration

Arthur Calipo, National Head of Financial Services and Assurance at Deloitte, said:

“Guidewire solutions are widely used in the industry in Australia and Asia. 4impact is the largest team of Guidewire certified specialists in the region and their deep experience will be a great asset to our market offerings which combine strategy and cutting-edge technology solutions.

Berin Wallace, Deloitte Consulting Partner and National Industry Solutions Leader, said:

“The arrival of this highly specialized team will strengthen our already strong presence in the Australian market and our wider global footprint, and we are delighted to welcome John Ryan and the team, including the group of highly skilled delivery centers to Manila, in Deloitte.

John Ryan, new partner of Deloitte Consulting added:

“Joining Deloitte is a natural evolution for us, and the firm’s recognition and investment in our people and their abilities is a testament to what they have achieved in the marketplace. This is a logical next step, combining the experience of this group with the experience and global resources of Deloitte’s Guidewire to create the leading service in our region.

Roland Slee, Guidewire General Manager, Asia Pacific, said:

“Combining the experience of the 4impact team with Guidewire Cloud development and Deloitte’s Guidewire Cloud implementation skills and assets will only accelerate Guidewire’s mission to drive innovation in insurance.

Deloitte remained active on the M&A front, acquiring MSPs and MSSPs around the world. While Deloitte’s reputation rests on its audit, consulting, advisory and tax service offerings, the firm also has a major footprint in the global IT service provider (ITSP) market.