INSTANDA is a United Kingdom based Insurtech startup founded in 2012. It offers a leading-edge cloud software that allows easy creation, management, and distribution of insurance products. Operating exclusively through Software-as-a-Service (SaaS), INSTANDA provides a no-code product design platform with insurance-specific calculations, processing, and workflow capabilities, enabling organizations to design, build, and launch products seamlessly.
The company recently secured a significant $45.00M Series B investment on 20 June 2022 from Toscafund and Dale Ventures F.Z.E. INSTANDA's platform has garnered attention from the world's largest carriers, MGAs, and brokers, revolutionizing the insurance industry by converting laborious back-office processes to an agile front office. This approach allows for dynamic adjustments in rates, questions, documents, and customer journeys, enabling the launch of new products in a matter of days and weeks. This agility translates into rapid ROI through reduced manufacturing, underwriting, and distribution costs, while providing unparalleled customer experience.
With its expansive global community of clients shaping its roadmap, INSTANDA is positioned as a responsive and low-risk insurance product enabler. The platform's ability to integrate seamlessly and deliver tangible business outcomes makes it an attractive investment opportunity in the dynamic Insurtech landscape.