IDP provides policy administration systems, reporting, business intelligence, and analytics built specifically for insurers. With years of industry experience, IDP’s bureau reporting platform reports to all major bureaus for all lines of business in every state. Their streamlined reporting processes and software reduce costs for carriers by handling time-consuming tasks.

Compass offers analytical upside to a company’s data story using key metrics to monitor performance and profitability.

“Expanding into reporting and business intelligence software is a result of customer demand as well as our overall growth strategy,” Paul P. Martin, CEO and founder of Martin & Company said. “Adding bureau reporting and Compass to our lineup of products and services is a natural extension to our business. We are a very detailed-oriented company and bureau reporting requires intense attention to detail, so this is a home run for us. We’re very excited to integrate these new products and services into our lineup.”

Martin & Company currently provides regulatory compliance services, including program audits, mock market conduct exams, and bureau monitoring, along with state filing services, actuarial consulting, and product development. Maritn & Company recently celebrated 30 years in business and has grown to more than 60 employees throughout the U.S. Their team of analysts bring decades of industry experience and institutional knowledge to day-to-day operations.

“We look forward to welcoming the knowledgeable and experienced team into Martin & Company,” Martin said. “This acquisition is not a baby step for us, but a leap into a new offering that our clients have been asking for and that we’re happy to deliver on.”