Insurity

Insurity provides a cloud-based platform for property and casualty insurance companies, which offers simplified application development, predictive analytics, policy administration, and claims processing. Read more

708 Followers on Owler
708 Followers on Owler
708 Followers on Owler
708 Followers on Owler

Insurity

Insurity provides a cloud-based platform for property and casualty insurance companies, which offers simplified application development, predictive analytics, policy administration, and claims processing. Read more

Christopher Lafond's photo - CEO of Insurity

CEO

Christopher Lafond

CEO Approval Rating

88/100

INSURITY TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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CEO RATING

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Insuresoft is the top competitor of Insurity. Insuresoft is a Private company that was founded in Tuscaloosa, Alabama in 1993. Like Insurity, Insuresoft also operates in the Internet Software sector. Insuresoft has 570 fewer employees vs. Insurity.

Duck Creek is seen as one of Insurity's biggest rivals. Duck Creek was founded in Boston, Massachusetts} in 2000. Like Insurity, Duck Creek also competes in the Internet Software space. Compared to Insurity, Duck Creek generates $150.6M more revenue.

Guidewire is perceived as one of Insurity's biggest rivals. Guidewire was founded in 2001, and is headquartered in San Mateo, California. Like Insurity, Guidewire also operates in the Internet Software space. Guidewire generates $661.7M more revenue vs. Insurity.

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Growth Score - 1/1

Is 700 a good estimate for Insurity's Employee count?

Insurity Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Insurance Information Technologies, Inc.

Apr 2021

Source »
undisclosed
-
CodeObjects, Inc.

Nov 2020

Source »
undisclosed
CodeObjects develops an AI-based platform that offers policy, billing and claims suite management solutions to the P&C insurance sector.
Billing Management Services, LLC

Oct 2020

Source »
undisclosed
Bill It Now develops a cloud-based billing platform that offers payments plan and policy premium issuance management services for insurers.
Virtual MGA

Jul 2020

Source »
undisclosed
Virtual MGA is a SaaS-based platform that provides underwriting and product distribution solutions for the insurance industry.
Epic-Premier Insurance Solution, Inc.

Jun 2020

Source »
undisclosed
Epic-Premier is a SaaS-based platform that provides enterprise management and policy administration solutions for the insurance industry.

These are all the companies that Insurity has acquired. Insurity has acquired 9 companies and its latest acquisition was Insurance Information Technologies, Inc. in Apr 2021.

Insurity Funding History

Since Insurity was founded in 1971, it has participated in 3 rounds of funding. In total Insurity has raised $49.8M. Insurity's last funding round was on Jun 2016 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Jun 2016
--
Equity
Nov 2014
--
Equity
Nov 2011
$49.8M

TDF Ventures

Since Insurity was founded in 1971, it has participated in 3 rounds of funding. In total Insurity has raised $49.8M. Insurity's last funding round was on Jun 2016 for a total of $0

Insurity Investments

No recent investments found related to Insurity

These are all the companies that Insurity has invested in. Insurity has invested 9 companies and its latest investment was Insurance Information Technologies, Inc. in Apr 2021.

Insurity News

April 16, 2021Martech Series

Insurity Selects Larsen & Toubro Infotech as the Strategic Partner and System Integrator for its New Data Warehousing & Analytics Suite, Built on Snowflake

Insurity, a leading provider of cloud-based software for insurance carriers, brokers and MGAs announc... See more »
April 13, 2021MarketScreener

Announces Propellint as Newest SI Partner

(marketscreener.com) Propellint consultants leverage extensive experience with the Insurity platform,... See more »
February 5, 2021Picante Today

Insurity Named "Dominant Provider" in the 2021 Novarica Market Navigator Report for Property and Casualty Claims Systems

"Dominant Provider" Status Secured Through Insurity's Strong Market Position and Momentum with Well-K... See more »
November 18, 2020MarketScreener

Insurity Announces New 'Bridge Specialty Suite' Templates to Improve Speed-to-Market and Reduce Implementation Costs for Specialty Lines Insurers

(marketscreener.com) New Templates Simplify Professional Liability, Marine Cargo, and Commercial Pack... See more »
November 13, 2020Newyork Citybizlist

Insurity Acquires CodeObjects

Insurity, LLC, a Hartfors, Conn.-based provider of cloud-based core system solutions and data analyti... See more »
November 13, 2020FinSMEs

Insurity Acquires CodeObjects

Insurity, LLC, a Hartfors, Conn.-based provider...... See more »
November 13, 2020Boston Citybizlist

Insurity Acquires CodeObjects

Insurity, LLC, a leading provider of cloud-based core system solutions and data analytics for the wor... See more »

Insurity Blogs

September 1, 2020Insurity Blog

7 requirements of an automated P&C event analysis and response solution

I’ve worked in the insurance industry for more than 20 years, spanning the spectrum of the insu... See more »
August 28, 2020Insurity Blog

3 ways P&C insurers can understand the business impacts of COVID-19

The post 3 ways P&C insurers can understand the business impacts of COVID-19 appeared first on In... See more »
August 28, 2020Insurity Blog

Data is everything. And yet, it’s nothing without context

The post Data is everything. And yet, it’s nothing without context appeared first on Insurity.... See more »
August 25, 2020Insurity Blog

How to make your event response workflow run like clockwork

When catastrophes strike, you have no time. You’re under pressure to quickly understand the financial... See more »
August 18, 2020Insurity Blog

Why P&C insurers need a better way to operationalize hazard data

Our industry is facing two major problems related to hazard data: There are more hazard and event dat... See more »
August 12, 2020Insurity Blog

Hurricane Isaias: Access the Latest Post-Event Data for P&C Insurers

While Hurricane Isaias may be in the rearview mirror, recovery efforts are just beginning. With an es... See more »
August 11, 2020Insurity Blog

How disparate systems sabotage your event response

The ecosystem of hazard models and data is rapidly expanding, and this is exciting news for the P&#38... See more »

Insurity Press Releases

March 5, 2021Business Wire

Insurity's Fully Integrated MGA Software Now Powers Five of the Top 10 MGAs and Improves Productivity by Up to 30 Percent

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance ... See more »
February 4, 2021Business Wire

Insurity Releases "Workers' Compensation Industry Trends" Report Based on Valen Data Consortium Insights

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based systems for insurance c... See more »
January 21, 2021Business Wire

Victory Insurance Expands its MGA Program to 47 States in Under Two Months with Insurity's Highly-configurable 'Workers' CompXPress' Solution

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based systems for insurance c... See more »
December 16, 2020Business Wire

Aite Group Names Insurity "Best-In-Class" Solution Provider in 2020 U.S. P&C Core Systems Evaluation

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, LLC, a leading provider of cloud-based core system soluti... See more »
June 25, 2020Business Wire India

GlobalLogic and Insurity Promote Commercial Property and Casualty Insurance Innovation With 30Hacks Hackathon

Business Wire IndiaGlobalLogic, a leader in Digital Product Engineering, and Insurity, a leading prov... See more »
March 4, 2020Business Wire

Kingstone Insurance Selects Insurity's ClaimsXPress Across All Business Lines

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, Inc., a leading provider of cloud-based solutions and dat... See more »
January 15, 2020Business Wire

Nationwide Achieves Significant Performance Increase through Insurity Cloud Migration

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, Inc., a leading provider of cloud-based solutions and dat... See more »

Insurity Videos

Social Media

Insurity Headquarters

170 Huyshope Avenue

Hartford, Connecticut06106

866-476-2606

Driving Directions »

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Insurity Summary

ABOUT

Overview

Insurity provides a cloud-based platform for property and casualty insurance companies, which offers simplified application development, predictive analytics, policy administration, and claims processing. Insurity was founded in 1971. Insurity's head...

CEO

Insurity's CEO, Christopher Lafond, currently has an approval rating of 88%. Insurity's primary competitors are Insuresoft, Duck Creek & Guidewire.

Website

insurity.com

Frequently Asked Questions about Insurity

  1. When was Insurity founded?

    Insurity was founded in 1971
  2. Who is Insurity's CEO?

    Insurity's CEO is Christopher Lafond
  3. How much revenue does Insurity generate?

    Insurity generates $100M in revenue
  4. How much funding does Insurity have?

    Insurity has historically raised $49.8M in funding
  1. Where is Insurity's headquarters?

    Insurity's headquarters is in Hartford Connecticut, USA
  2. How many employees does Insurity have?

    Insurity has 700 employees
  3. What sector does Insurity operate in?

    Insurity is in Internet Software, Analytics, Enterprise Software
  4. Who are Insurity's competitors?

    Insurity's top competitors are Insuresoft, Duck Creek, Guidewire