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AQS was founded in 1979 and continues to serve the policy-administration needs of property/casualty insurance carriers.

In January of 2005, AQS was acquired by Grey Mountain Partners, a New York-based private equity firm. Because Grey Mountain is invested in the long-term success of AQS, they’ve taken the time to understand the insurance industry, to share our vision for meeting the business needs of our market, and to give us access to the capital by which we ensure our stability. That capital also enables us to continue to expand our offerings to the property/casualty industry.

In November of 2008, we acquired the assets of the AscendantOne Policy Management Suite, adding personal lines capabilities and extending our delivery and deployment options to cover the spectrum from full-service to self-sufficiency, while continuing to offer the depth and breadth of our insurance-domain expertise. The combination of AQS technology and ISO content resulted in a one-of-a-kind offering for all lines of business in all 50 states for personal and commercial lines.

Because AQS is a service company, we take a long-term view of our relationships with – and our support obligations to – our customers. That view informs our product development, as well as our service delivery. And it helps us remember that our customers require ever-greater degrees of efficient automation, better ways of capitalizing on distribution opportunities, discernible competitive advantages, and the ability to bring products to market quickly and responsively.