ParaCode logo — Cloud-based policy and claims admin software

ParaCode

Cloud-based policy and claims admin software

Founded 2019 United Kingdom United Kingdom 16 employees Financial Services, Insurance

General Information

Company Name ParaCode
Founded Year 2019
Location United Kingdom United Kingdom
Employees 16
Industries Financial Services, Insurance
Social

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About ParaCode

ParaCode is a UK-based startup that offers cloud-based insurance policy administration and claims management software. With its flexible platform, ParaCode caters to insurers, brokers, and MGAs, enabling them to handle various kinds of insurance without limitations. The company emphasizes its capability to reduce time-to-market through quick and easy implementation, as well as its agility in adapting to new opportunities or market changes. ParaCode positions itself as a catalyst for increased revenue and improved profitability, boasting greater efficiency, capacity, and functionality. Founded in 2019, ParaCode focuses on empowering insurance companies to optimize their IT operations with an unwavering commitment to enhancing customer business and ensuring ongoing satisfaction. The company's dedication to outstanding customer service and support throughout the entire journey underscores its customer-centric approach. Although details about their most recent investment are not available at this time, ParaCode operates in the financial services and insurance industries. As the company continues to develop, it presents an intriguing opportunity for potential investment within the insurance technology sector.

Business keywords: Cloud-based software, Insurance technology, Policy administration, Claims management, Insurtech platform, Flexible insurance solutions, End-to-end platform, Time-to-market optimization, Revenue enhancement, Efficiency improvement, Customer satisfaction, IT optimization, Insurance support services

No funding data available for ParaCode yet.

ParaCode Alternatives & Competitors

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ParaCode vs
Atidot
Atidot United States

Data-Driven Strategic Platform for Life Insurers, powered by AI and Predictive Analytics

Non Equity Assistance
22 employees
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ParaCode vs
RightIndem
RightIndem United Kingdom

Tech that dances to your beat

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ParaCode vs
Benekiva
Benekiva United States

Benekiva delivers configurable technologies to transform the end-to-end claims and servicing experie...

Non Equity Assistance
83 employees
Enterprise Software, Financial Services

FAQ About ParaCode

Cloud-based policy and claims admin software
ParaCode was founded in 2019.
ParaCode is headquartered in United Kingdom.
ParaCode operates in Financial Services and Insurance. Its work centres on Cloud-based software, Insurance technology, Policy administration and Claims management.
ParaCode has approximately 16 employees.
Top alternatives and competitors to ParaCode include Atidot, RightIndem, Benekiva, Cover Genius, MCL InsureTech Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ParaCode and Atidot are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ParaCode, https://bouncewatch.com/company/paracode, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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