InsurTech INSTANDA strikes first European partnership

INSTANDA has signed its first European partnership following a $19.5 million Series A funding round in March.

The customer and policy management platform for insurers is partnering with Softelligence, a technology and consulting company which has offices in Romania and London.

The strategic partnership will enable INSTANDA to further expand its global reach and support its mission to drive forward the digital transformation of the global insurance industry.

It is the InsurTech's first partnership in Europe and adds to a growing global partner network including Deloitte and Microsoft, along with regional partnerships like Exponential in Latin America.

The announcement follows on from INSTANDA’s $19.5 million Series A fundraising round in March to support the firm’s international expansion.

Daniel Jinga, consulting director at Softelligence, commented: “Our focus is to enable growth and optimise costs through cutting edge technology and an experienced team at every step, for insurers and brokers - in this regard, we are excited to partner with INSTANDA, a leading insurance platform that is redefining digital engagement and insurance distribution.”

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