Wurzburg, Germany
tech11 GmbH, founded in 2018 and headquartered in Germany, is rapidly establishing itself as a major player in the insurance technology space with its cloud-native tech11 Insurance Platform (TIP). Known for the slogan, "Core Insurance-as-a-Service: friendly tech, full control," the company offers a comprehensive end-to-end SaaS model tailored for the insurance sector.
With a container-based microservice architecture, TIP provides scalability and customization tailored to client needs. Its no-code approach enables users to quickly develop and deploy insurance products, while workflow management through Camunda orchestration enhances business process efficiency. The solution is fully API-integrated, ensuring seamless legacy system compatibility. Notably adaptable for both traditional and digital insurers, the platform is also geared towards international market optimization.
Collaborating with the globally recognized Private Equity firm TA Associates, tech11 aims to secure its position as Europe's leading core insurance system provider. Despite having its last disclosed investment on the 1st of December, 2021, further investment specifics remain undisclosed.
