About Maximum Processing
Maximum Processing is a Financial Services company based in Bradenton (United States) founded in 2002, and was acquired by Sapiens in June 2016. Policy administration and claims processing software for insurers is provided. The company has 84 employees. Maximum Processing offers products and services including Insurance Comparison Tool and Policy Application Service. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Policy Administration. Its legal entity is MAXIMUM PROCESSING INC. Its competitors include RiskGenius, Get Covered and Unirisx; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bradenton, United States
- Employees 84
- Stage Acquired
- SectorsFinancial Services
- Website stingraysystem.com
- Social LinkedIn
- Acquired by Sapiens (Jun 2016)
- Legal Name Maximum Processing Inc
Products & Services of Maximum Processing
Maximum Processing offers a comprehensive portfolio of products and services, including Insurance Comparison Tool and Policy Application Service.
Enables users to compare insurance policies for better rates.
Facilitates direct application for selected insurance options online.
Investors in Maximum Processing
Maximum Processing has secured backing from 1 investor. Prominent investors backing the company include Sapiens.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurance policy administration and compliance solutions for the insurance industry | 1982 | sapiens.com | Holon, Israel |
Investor details for Maximum Processing
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Maximum Processing
2 dated milestones of Maximum Processing across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Maximum Processing is founded.
- Exit Acquired by Sapiens.
Competitors of Maximum Processing
Maximum Processing has 3 listed competitors in our database, 3 of them funded. They include RiskGenius, Get Covered and Unirisx.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| riskgenius.com | 2016 | Overland Park, United States | $6.73M | 27 | Insurance policies are reviewed using machine learning technology. | |
| getcovered.io | 2017 | New York, United States | $7M | Policy administration solutions are offered for property insurance. | ||
| unirisx.com | 2000 | Philadelphia, United States | $23.93M | 13 | Provides SaaS-based administration solutions for property and casualty insurance providers. |
Detailed competitors of Maximum Processing
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Maximum Processing
Websites that share an audience with Maximum Processing (stingraysystem.com).
Websites whose visitors overlap most with Maximum Processing. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| maxprocessing.com | 33% | View details |
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Maximum Processing (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Frequently Asked Questions about Maximum Processing
Maximum Processing was founded in 2002.
Maximum Processing is headquartered in Bradenton, United States. It is registered at Bradenton, Florida, United States.
Maximum Processing has 84 employees.
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.
Maximum Processing's top competitors include RiskGenius, Get Covered and Unirisx.
Maximum Processing offers Insurance Comparison Tool and Policy Application Service.
Maximum Processing has 1 investor. Key investors include Sapiens.
Maximum Processing operates through Maximum Processing Inc.
Yes. Maximum Processing was acquired by Sapiens in June 2016.