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INTERNET | Internet Software & Services / Accounting & Finance
iotatech.co.uk

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Founded Year

2016

Stage

Seed | Alive

Total Raised

$1.28M

Last Raised

$1.28M | 3 yrs ago

About Iotatech

Iotatech provides a pay-per-use SaaS insurance platform for risk carriers, third-party administrators and other related businesses, allowing them to stay ahead of the market whilst significantly reducing costs.

Iotatech Headquarter Location

Parkshot House 5 Kew Road

Richmond, England, TW9 2PR,

United Kingdom

0345 060 2017

Latest Iotatech News

Insurtech: Sue Balcombe Joins Iotatech

Nov 16, 2020

Insurtech: Sue Balcombe Joins Iotatech Iotatech Ltd [Iotatech], the general insurance technology disruptor, has appointed Sue Balcombe to the Board as chief delivery officer. Sue, who begins her new role today, has over 20 years’ experience in leading and driving business and technology changes across a number of industries, primarily insurance, where she has helped deliver major projects to many of the UK’s top insurers, MGAs and brokers. Mick Sargeant, Iotatech CEO said: “Sue is a formidably experienced IT professional with an outstanding track record of achievement in our sector. The digital opportunity for insurance has accelerated rapidly as a result of the pandemic, and Sue will be at the heart of our efforts to expand our footprint in digital insurance administration and data analytics, which have become key priorities for insurers seeking to reduce their costs and improve customer experience.” Sue Balcombe said: “This is a great time to be joining the board of the Iotatech team. Covid-19 has underlined that sticking plaster solutions for insurer legacy systems are a false economy. The digital world has moved on too far and too fast. A fresh approach is required, and I am looking forward to helping Mick and the team build further momentum for this exciting business.” Mick explained that Iotatech delivers a next generation pay-per-use insurance platform. The disruptive technology, designed using Microservices, Open API and Artificial Intelligence, is an Internet of Things (IoT)-ready, intelligent pay-per-use solution, available via Amazon Web Services as Software-as-a-Service. Sue will join the Iotatech Board from 16th November Share this:

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Expert Collections containing Iotatech

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Iotatech is included in 3 Expert Collections, including Europe InsurTech Startups.

E

Europe InsurTech Startups

307 items

I

InsurTech

1,630 items

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

F

Fintech

10,750 items

Excludes US-based companies

Iotatech Web Traffic

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