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Insurepay Secures Series B Investment From Aquiline Technology Growth

Jan 11, 2022•over 3 years ago

Round Type

series b

Nashville

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

Company Information

Company

Insure Pay

Location

Nashville, Arkansas, United States

About

InsurePay® is an Insuretech billing and payments provider whose solution enables insurance providers to seamlessly offer a Pay-As-You-Go (PayGo) billing and payments solution for the P&C market including workers' compensation insurance carriers and policyholders whereby insurance providers can monitor each policyholder's exact premiums for each pay cycle—all through InsurePay's secure, custom-branded portal with direct data connections to leading payroll companies. Today, InsurePay processes more online PayGo billings than any other independent services company in the world. To learn more, visit www.insurepay.com or follow the company on LinkedIn.