About Insurance Business Application
Insurance Business Applications (IBA) provides and implements products and solutions which are dedicated specifically to the insurance industry. The company's in-depth investigations of the insurance market allows it to identify the present day challenges experienced in a changing environment.
Expert Collections containing Insurance Business Application
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Insurance Business Application is included in 2 Expert Collections, including Insurtech.
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Excludes US-based companies
Latest Insurance Business Application News
Jun 20, 2013
Posted by Iryna on Wednesday, June 19, 2013 · Leave a Comment Insurance Business Application (IBA), a Danish startup that offers implementation services and solutions for insurance industry, has just received a large investment from Northcap Partners . The investment is said to be in the two-digits-millions (DKK) range , most likely in the single digit millions euros (unconfirmed). On top of that IBA also announced that they got one of the largest insurance companies as a customer. “Northcap Partners has many years of experience in scaling software businesses internationally. We have chosen them to be our investor as we need operational skills, knowledge of building a scalable software company and rapid internationalization. Close proximity between the companies will also provide a very dynamic sparring in everyday life,” says co-founder and CEO Anders Engdal to Trendsonline . In almost two year operating period IBA has provided its services to a number of Danish and international clients such as insurance companies, agents, aggregates and brokers of all sizes. In-depth study of insurance market allowed the company to develop a set of unique products that help to deal with rapidly changing markets. IBA helps with providing new categories of software that address more complex distribution systems in the insurance industry as well as takes care of documentation and compliance. “It is essential for our customers to create new products for new distribution channels quickly and cost effectively. To remain competitive they need to automate the entire underwriting process,” says Anders Engdal. Congrats on another important achievement! Related posts:
Insurance Business Application Frequently Asked Questions (FAQ)
When was Insurance Business Application founded?
Insurance Business Application was founded in 2007.
Where is Insurance Business Application's headquarters?
Insurance Business Application's headquarters is located at Gammel Kongevej 1, Copenhagen.
What is Insurance Business Application's latest funding round?
Insurance Business Application's latest funding round is Unattributed VC.
Who are the investors of Insurance Business Application?
Investors of Insurance Business Application include Northcap Partners.
Who are Insurance Business Application's competitors?
Competitors of Insurance Business Application include Durell and 5 more.
Compare Insurance Business Application to Competitors
ennabl is a platform that connects data to assemble intelligence that enhances the ability of insurance brokers to source, advise, and manage clients.
QuikFuzion provides fully web-based technology for insurance agency management. It develops AMP, an Amazon cloud-based agency management platform that will allow agencies to slash their costs for their agency management systems, which have shot up in price over the years. The company was founded in 2010 and is based in Lancaster, Pennsylvania.
Novidea operates as a data-driven insurance management software system. It offers an end-to-end platform that helps business intelligence and seamless workflow management for brokers, agents, managing general agents (MGAs), bancassurance, and corporate risk management. Novidea was founded in 2009 and is based in Netanya, Israel.
HawkSoft offers management systems for agencies that want effective workflows and a delightful experience for staff and policyholders.
Reinsurance News is an online platform that provides insights for the reinsurance and risk transfer sectors. It provides reinsurance, specialty, and commercial insurance news online and via email daily. It was founded in 2014 and is based in Brighton, United Kingdom.
LeO is a personable 24/7 customer service solution for the insurance industry powered by AI. LeO helps agents, brokers, and insurance carriers simplify the way they interact with consumers.