Insurity Buys Tropics Software Technologies

San Antonio-based Insurity, a developer of data processing software for the insurance industry, said today that it hasa cquried Florida-based Tropics Software Technologies. Financial details of the acquisition were not disclosed. Tropics is a developer of insurance software, which is focused on the worker's compensation market. The two said they will run Tropics under a new organization called 'Tropics, an Insurity company'. Insurity is led by Jeffrey Glazer; the company said that it was advised by Sherman & Company LLC in the acquisition.