September 19, 2012

Horsham, Pa.-based Penn Mutual Life Insurance Company has made a strategic investment in Leap Systems of Bridgewater, N.J, a provider of financial modeling software for financial advisors.

"As an independent affiliate of Penn Mutual, Leap Systems will help to create additional value for our financial professionals and their clients. Leap's own business model and plans for the future will be enhanced for the benefit of their licensees and the industry as a whole," says Eileen McDonnell, Penn Mutual's president and CEO, in a statement.

ABOUT THE AUTHOR
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, ...