Maximum Processing

Bradenton, United States Founded: 2002 • Age: 24 yrs Acquired By Sapiens
Policy administration and claims processing software for insurers is provided.
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About Maximum Processing

Maximum Processing is a company based in Bradenton (United States) founded in 2002 was acquired by Sapiens in June 2016.. The company has 84 employees as of December 31, 2017. Maximum Processing offers products and services including Insurance Comparison Tool and Policy Application Service. Maximum Processing operates in a competitive market with competitors including RiskGenius, Get Covered, Unirisx, The four-leaf clover and Insurance Systems, among others.

  • Headquarter Bradenton, United States
  • Employees 84 as on 31 Dec, 2017
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Maximum Processing Inc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    84

    as on Dec 31, 2017

  • Acquired by
    Sapiens

    (Jun 07, 2016)

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Products & Services of Maximum Processing

Maximum Processing offers a comprehensive portfolio of products and services, including Insurance Comparison Tool and Policy Application Service. 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

Enables users to compare insurance policies for better rates.

Facilitates direct application for selected insurance options online.

Funding Insights of Maximum Processing

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 Maximum Processing

Maximum Processing has secured backing from 1 investor. Prominent investors backing the company include Sapiens. 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
Insurance policy administration and compliance solutions for 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 Maximum Processing

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 - Maximum Processing

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

Maximum Processing Comparisons

Employees
+
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Competitors of Maximum Processing

Maximum Processing 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 RiskGenius, Get Covered, Unirisx, The four-leaf clover and Insurance Systems, 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
Insurance policies are reviewed using machine learning technology.
domain founded_year HQ Location
Policy administration solutions are offered for property insurance.
domain founded_year HQ Location
Provides SaaS-based administration solutions for property and casualty insurance providers.
domain founded_year HQ Location
Car insurance service platform
domain founded_year HQ Location
Web-based software solutions are provided to P&C insurance carriers.
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 Maximum Processing

Frequently Asked Questions about Maximum Processing

When was Maximum Processing founded?

Maximum Processing was founded in 2002.

Where is Maximum Processing located?

Maximum Processing is headquartered in Bradenton, United States. It is registered at Bradenton, Florida, United States.

How many employees does Maximum Processing have?

As of Dec 31, 2017, the latest employee count at Maximum Processing is 84.

What does Maximum Processing do?

Founded in 2002 in Bradenton, United States, software solutions for policy administration in the property and casualty insurance sector are offered by the company. Billing, policy quoting, rating, issuance, claims administration, and reinsurance management are handled through these systems. Recognition as a top policy administration system was received via RAVE Awards in 2011, 2012, and 2013.

Who are the top competitors of Maximum Processing?

Maximum Processing's top competitors include RiskGenius, Insurance Systems and Get Covered.

What products or services does Maximum Processing offer?

Maximum Processing offers Insurance Comparison Tool and Policy Application Service.

Who are Maximum Processing's investors?

Maximum Processing has 1 investor. Key investors include Sapiens.

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