ICE InsureTech

Camberley, United Kingdom Founded: 2002 • Age: 24 yrs Acquired By Acturis
Insurance software for claims, billing, and rating is provided.
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About ICE InsureTech

ICE InsureTech is a company based in Camberley (United Kingdom) founded in 2002 was acquired by Acturis in November 2017.. The company has 80 employees as of September 30, 2021. ICE InsureTech offers products and services including ICE Policy, ICE Claims, ICE Digital, and ICE Analytics. ICE InsureTech operates in a competitive market with competitors including EasySend, Sprout.ai, Vitesse, ClaimLogiq and omni:us, among others.

  • Headquarter Camberley, United Kingdom
  • Employees 80 as on 30 Sep, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ice Insuretech Limited
  • Date of Incorporation 28 Sep, 2017
  • Jurisdiction CAMBERLEY, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $12.31 M (USD)
    -7
    as on Sep 30, 2021
  • Net Profit
    $562.51 K (USD)
    -68
    as on Sep 30, 2021
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    80

    as on Sep 30, 2021

  • Acquired by
    Acturis

    (Nov 06, 2017)

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Products & Services of ICE InsureTech

ICE InsureTech offers a comprehensive portfolio of products and services, including ICE Policy, ICE Claims, ICE Digital, and ICE Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for efficient insurance policy administration and configuration.

Platform for handling and processing insurance claims workflows.

Tools for digital insurance services and customer interactions.

Software for data analysis in insurance operations.

People of ICE InsureTech
Headcount 50-200
Employee Profiles 43
Employee Profiles
People
Daniel Woodward
Data Analyst
People
Fliss Richmond
Head of Business Analysis
People
Omkar Gadhave
Integration Developer
People
Al Robertson
CTO

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Funding Insights of ICE InsureTech

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ICE InsureTech

ICE InsureTech has secured backing from 1 investor. Prominent investors backing the company include Acturis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Software as a Service provider to the Insurance Industry
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ICE InsureTech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ICE InsureTech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ice Insuretech Comparisons

Employees
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Competitors of ICE InsureTech

ICE InsureTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EasySend, Sprout.ai, Vitesse, ClaimLogiq and omni:us, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Document management solutions for insurance, banking, and other industry
domain founded_year HQ Location
AI-based software suite for personal and commercial insurers
domain founded_year HQ Location
Treasury and payment solutions are provided for the insurance industry.
domain founded_year HQ Location
Insurance claims management software is provided for review and validation.
domain founded_year HQ Location
AI-based claims management solutions are offered for insurance.
domain founded_year HQ Location
Inspection and claims processing solutions are offered for insurance firms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ice Insuretech

Frequently Asked Questions about ICE InsureTech

When was ICE InsureTech founded?

ICE InsureTech was founded in 2002.

Where is ICE InsureTech located?

ICE InsureTech is headquartered in Camberley, United Kingdom. It is registered at Camberley, Surrey, United Kingdom.

How many employees does ICE InsureTech have?

As of Sep 30, 2021, the latest employee count at ICE InsureTech is 80.

What is the annual revenue of ICE InsureTech?

Annual revenue of ICE InsureTech is $12.31M as on Sep 30, 2021.

What does ICE InsureTech do?

ICE InsureTech was established in 2002 in Camberley, United Kingdom, within the insurtech sector. Claim processing software is supplied to insurers, claim administrators, accident management firms, and managing general agents. Solutions encompass policy management, claims handling, automated billing, digital B2B and B2C platforms, analytics for reporting and data oversight, and a rating engine for premium calculations. Operations focus on streamlining insurance workflows.

Who are the top competitors of ICE InsureTech?

ICE InsureTech's top competitors include Vitesse, Sprout.ai and omni:us.

What products or services does ICE InsureTech offer?

ICE InsureTech offers ICE Policy, ICE Claims, ICE Digital, and ICE Analytics.

Who are ICE InsureTech's investors?

ICE InsureTech has 1 investor. Key investors include Acturis.

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