Round Type
series b
Description
InsurePay, a leading Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments, announced today that it has secured a Series B investment led by Aquiline Technology Growth with significant participation from FINTOP Capital and other strategic investors. InsurePay used part of the proceeds to acquire Split Limit Studios and its TRUPAY solution. As part of the acquisition, George Kostakos, chief executive officer of Split Limit Studios, has joined InsurePay as chief revenue officer. The combined company will operate under the InsurePay brand and InsurePay will continue to support both solutions in the near term as it transitions to a shared best-in-class offering