Zywave Strengths, Domain Expertise, and Key Differentiators
Zywave’s strength lies in its modular cloud suite—Sales, Client, Content, and Analytics Clouds—supported by deep domain knowledge and continuous product innovation. With integrated Gen AI tools, a full content management system, and predictive analytics, it delivers a differentiated experience for brokers and carriers alike.
Zywave Recent Developments
Zywave launched its centralized Cyber Quoting platform in April 2024, aiming to streamline the cyber insurance quoting process by connecting global insurers with U.S. distributors through a simplified data collection system. This platform enhances efficiency across the insurance distribution chain by providing key insights into coverage submission and selection. In November 2024, Zywave further enhanced the platform by adding embedded benchmarking and limit adequacy insights, enabling brokers to leverage industry data and loss profiles for more informed coverage recommendations.
Zywave Mergers and acquisitions (M&A) Activities
Since 2020, Zywave has acquired seven companies, including Advisen, ITC, Enquiron, Modgic, IBQ Systems, and SIS, significantly broadening its capabilities in cyber analytics, personal lines rating, workers' comp, CRM/AMS, and risk management. Backed by Clearlake Capital, Zywave’s M&A strategy reinforces its end-to-end SaaS insurance platform.
Zywave Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Zywave applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Zywave and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Zywave Sales Cloud, Zywave Content Cloud, Zywave Analytics Cloud, Zywave Client Cloud customers.
Zywave Overview
Ownership: - Clearlake Capital Group
Number of Employees: 1000
Functional Market: Core HR, Benefits Administration, Compliance, Onboarding, Learning and Development,
Key Verticals: Insurance,
Zywave Key Cloud and HCM Applications
Zywave Sales Cloud, Zywave Content Cloud, Zywave Analytics Cloud, Zywave Client Cloud
Zywave HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Zywave Revenue Breakdown by Type:
Zywave HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
Zywave HCM Applications Revenues By Verticals, $M:
Zywave Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Zywave Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Zywave Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Zywave Customers
No. of Zywave Customers: 15000
No. of Zywave HCM Applications Customers: x
No. of Zywave Cloud HCM Customers: x
No. of Zywave Cloud HCM Subscribers: x
Zywave's solutions are globally adopted by over 15,000 brokerages, encompassing 97 of the leading 100 U.S. insurance firms. Distinguished clientele includes entities such as HAFA, The Broker Performance Group, NAHU, and numerous others, underscoring Zywave's widespread influence and trusted solutions within the insurance industry.
Zywave Market Opportunities, M&A and Geo Expansions
Over the last two years, Zywave has made substantial investments aimed at fortifying its product portfolio and addressing capability gaps through strategic acquisitions. Notable additions to its portfolio include IBQ Systems, Modgic, Enquiron, and the integration of Advisen's Cyber OverVue into its Analytics Cloud. These strategic moves have enabled Zywave to diversify its capabilities significantly, offering a more comprehensive suite of solutions to its clientele.
Despite the inherent challenges and risks associated with integrating diverse product suites, Zywave has demonstrated success in consolidating its offerings into four distinct portfolios or "clouds." This consolidation strategy has proven effective in aligning Zywave's solutions with the workflows and operations of its customers.
In summary, Zywave's persistent investment in its product portfolio and strategic acquisitions underscores its unwavering commitment to delivering innovative solutions. By doing so, Zywave aims to empower its clients to achieve business growth, elevate client services, and advance initiatives related to health, wellness, risk management, and safety.
Zywave Risks and Challenges
Zywave's recent acquisition of IBQ is the seventh acquisition in the past two years, signaling the company's ongoing commitment to expanding its portfolio and enhancing its offerings for customers. While integrating multiple product suites and acquisitions can be challenging, Zywave has demonstrated a strong track record of successfully integrating and streamlining its solutions to better serve its customers.
Zywave Ecosystem, Partners, Resellers and SI
Zywave uses a hybrid sales model, blending direct channels with partners, SIs, and carriers. With API-first architecture and deep integrations into CRMs and rating systems, Zywave is building a connected platform ecosystem, amplifying value across the insurance landscape.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
