MRI Software, a Solon-based real estate software provider, has acquired Multifamily Insurance Partners in Pickerington, which delivers resident insurance programs for the U.S. multifamily rental market. The strategic transaction will enhance MRI’s residential offering.

The acquisition will enable property owners and operators to close insurance gaps and minimize loss by implementing resident insurance compliance programs for apartment renters. The new offering, MRI Multifamily Insurance, further streamlines the leasing and onboarding process for property owners and operators.

Multifamily Insurance Partners CEO Jim Sweeney said, in a statement, “Joining a PropTech industry leader in MRI helps Multifamily Insurance Partners reach new markets and leverage the latest in leasing and onboarding technology to provide the enhanced customer experience that property managers demand. Our clients will still benefit from our longstanding expertise and industry relationships, with the added benefit of MRI's innovation, end-to-end offering and trusted position in the market.”