Ignatica offers a SaaS policy-administration platform that enables insurers to build and launch products quickly, automate back-office servicing, and provide digital self-service for complex insurance products. Its tooling lets product managers create and edit coverages, adjust pricing dynamically, and change product configurations in seconds. The platform is positioned to reduce administration costs and transform the consumer servicing experience. Ignatica said the company plans to continue scaling globally while deepening its presence in the Hong Kong and Greater China markets. The company was founded in 2018 and led by co‑founders Manuel San Miguel, Adhish Pendharkar, and Travis Callahan. As of July 7, 2021 the firm had received a strategic investment from Hong Kong’s Innovation and Technology Venture Fund. Ingatica offers a SaaS platform that lets insurance product managers create and edit coverages and plans, dynamically adjust pricing, and change product configurations in seconds. The company emphasizes digital self-service and back-office automation, and its technology focuses on transforming data on demand to help insurers move faster and lower costs. Ingatica positions its platform to enable even the most complex insurance products to be serviced at the front edge for mobile consumers. The company closed a $7 million pre-Series A funding round led by Lingfeng Capital, with participation from SOSV Investment Funds, Artesian and AFG Partners Fund among others. Management said the raise was driven by “stunning growth” over the prior 18 months. Executives indicated the capital will be used to accelerate growth across Southeast Asia, China, Japan and into Europe and North America.

Total raised

$9M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2021