Warburg Pincus LLC. Private Equity-Backed. Cloud-based insurance core software platform BriteCore has announced that it received $47.5m of growth capital led by Warburg Pincus, with participation from existing investors Radian Capital and WCF Mutual Insurance Company. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. The Warburg Pincus team has a stellar track record of investing in and scaling innovative and category-defining software companies. BriteCore, insurtech americana che offre una piattaforma software end-to-end basata su cloud per assicuratori P&C e L&H, ha raccolto 20 milioni di dollari in un round di finanziamento di serie C guidato da Warburg Pincus, con la partecipazione aggiuntiva dell’investitore Radian Capital. Primary Industry. WCF Insurance January 28, 2020. BriteCore today announced that it has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for P&C Core Platforms, North America. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $94 billion in over 940 companies in more than 40 countries. United States. © 2021 Warburg Pincus LLC. Including this round, BriteCore has raised more than $70 million in total funding. The Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Founded in 2016 and headquartered in New York City, Radian Capital is a $150 million growth equity fund focused on enterprise software and technology-enabled services. Earlier in May 2018, BriteCore closed a $13 million growth equity investment with Radian Capital. Varo Bank, backed by private equity firm Warburg Pincus LLC, said on Thursday it had raised $510m in a funding round led by new investor Lone Pine… Liked by Luca Cassiano Congratulations to BriteCore on their Series C financing and welcome new CEO Ray Villeneuve. Jordan Bettman, Managing Partner at Radian Capital added, “We believe BriteCore is uniquely positioned with a tremendous opportunity ahead. ITC Vegas is the world's largest insurtech event - offering unparalleled access to the most comprehensive and global gathering of tech entrepreneurs, investors, … BriteCore, a core software developer for insurers, has closed a $47.5m growth equity round led by private equity firm Warburg Pincus. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a … The firm’s active portfolio of more than 185 companies is highly diversified by stage, sector and geography. Email *. Compare Search ( Please select at least 2 keywords ) Most Searched Keywords. Participation also came from previous backers Radian Capital and WCF Mutual Insurance Company. BriteCore Investments. – USA, CT – Insurity, Inc., a leading provider of cloud-based solutions and data analytics for the world’s largest insurers, brokers, and MGAs, today announced the appointment of Chris Lafond as its CEO, succeeding Chris Giglio, who will remain on Insurity’s board of directors. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $90 billion in over 930 companies in more than 40 countries. Humn.ai 7/10/2019 Read More. BriteCore's revenue was reported to be $13.5 m in FY, 2018 which is a 87.5% increase from the previous period. More than 50 insurance carriers, MGAs, and insurtechs have partnered with BriteCore to help drive digital transformation and gain a competitive advantage by leveraging the platform to access emerging technologies, enhance operational efficiency, create compelling customer experiences, and drive unparalleled speed to market.The growth capital comes at a time when demand for modern core insurance platforms is increasing. Radian is a team of investors and entrepreneurs that partners with strong management teams to systematically accelerate growth by assisting adoption of next generation sales and marketing, data science, technology, and operational best practices. As part of the investment, Alex Stratoudakis, Principal at Warburg Pincus, will join BriteCore’s Board of Directors. View customer success stories on how BriteCore helps our clients excel in the digital world. The Germany-based InsurTech offers the bike theft insurance cover on its mobile solution, giving consumers the ability to quickly buy and manage their protection. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $77 billion in over 870 companies in more than 40 countries. The financing enables BriteCore to continue investing in its next-generation platform and scaling customer-focused services. Once purchased, the bike will be guarded for 24 hours a day and around the world. The firm’s active portfolio of more than 205 companies is highly diversified by stage, sector, and geography. DN Capital, a media and technology growth capital and early stage investor, has appointed Tom Bradley as a principal. $20M: Sep 13, 2021: Clarion Capital Partners . Warburg Pincus has previously backed InsurTech BriteCore’s $47.5m growth equity round and has led cybersecurity company eSentire’s recent $47m raise. The round was led by Warburg Pincus, with participation from existing investors Radian Capital and WCF Mutual Insurance Company. The latest investment brings BriteCore’s total funding to more than $70 million. The Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Email *. Participation also came from previous backers Radian Capital and WCF Mutual Insurance Company. Three 4Life Vice President Promotions. Existing investors Radian Capital and WCF Mutual Insurance Company also participated in this round. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a … Their latest funding was raised on Jul 15, 2019 from a Venture - Series Unknown round. Erin Manley / blog.britecore.com: [Press Release] BriteCore Receives $47.5M of Growth Capital Led by Warburg Pincus Biswarup Gooptu / The Economic Times : India-based MogliLabs, which operates the B2B industrial goods marketplace Moglix, raises $60M Series D, sources say at a valuation between $200M and $300M Warburg Pincus Privacy Notice Privacy Notice Personal Data Request Legal Disclaimer Forms 20-2 and 21-3. Warburg Pincus. BriteCore is built on the world’s leading hyperscale platform, Amazon Web Services (AWS). Give your team the agility to work unconstrained by a physical office. Minimize business disruptions — local, regional, or national — without missing a step. Thank you Warburg Pincus LLC for your continued support! Here are some of our findings from the funding front: Insurtech deals drop: Insurtech funding totaled $1.41B in Q2 2019, a quarterly drop of 2%.Overall funding numbers to insurtech remain above the $1.2B mark for the fourth straight quarter. Your submission has been received! BriteCore 7/15/2019 Lead Investors: Warburg Pincus Round: 4 Amount: $47.5m Type: Venture BriteCo’s cloud-based Appraisal Management System is the gateway to making the jeweler’s life easier and more productive—-and customers happier and more secure with immediate insurance coverage of their fine jewelry and watches. www.britecore.com: Company Description : BriteCore is fully managed, enterprise-level software platform. Warburg Pincus LLC is a leading global private equity firm focused on growth investing. Avaloq CEO Francisco Fernandez will retain a 28% shareholding in the company. Much of the early days of proptech has been focused on residential real estate, but commercial real estate, too, is now slowly but surely adopting tech innovations into its industry. 4Life Names New Chief Global Operations Officer. ... BriteCore is an online insurance platform that billing, regulatory reporting and claim management solutions for insurance agencies. University of Prishtina, Faculty of Electrical and Computer Engineering. For more information, please visit www.britecore.com. Our platform is designed to support digital transformation, emerging technologies, and new business models. 4Life Research LLC. All rights reserved. Founded in 2009, BriteCore offers a modern end-to-end core software platform for property and casualty insurers. The firm has more than $65 billion in private equity assets under management. Series C - BriteCore . Erin Manley / blog.britecore.com: [Press Release] BriteCore Receives $47.5M of Growth Capital Led by Warburg Pincus Biswarup Gooptu / The Economic Times : India-based MogliLabs, which operates the B2B industrial goods marketplace Moglix, raises $60M Series D, sources say at a valuation between $200M and $300M Website. We have been tracking fintech funding transactions for over a decade. The investment brings the company’s total funding to more than $70 million and enables BriteCore to accelerate the development of innovative, new products while continuing to expand its team of insurance industry experts to help support the growth of its customers. Insurtech, BriteCore chiude round di serie C e raccoglie 20 milioni di dollari. /. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.radiancapital.com. We are excited to continue to partner with the company in the next phase of its growth and welcome Warburg Pincus to the investor group.”. BriteCore - Springfield, Missouri based provider of software solutions for insurers raised $47.5m in growth capital led by Warburg Pincus. Warburg Pincus. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. $20M: Sep 13, 2021: Summit Partners . Visit our help site for end user information on how to use the BriteCore platform. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. BriteCore — a leading provider of next-generation core software solutions for insurers — announced it received $47.5 million of growth capital led by Warburg Pincus. “Our mission to build the best software for property and casualty insurance companies requires building a community of world-class partners. Prior to this latest investment, BriteCore closed a $13m round last year. Report this profile Activity Thank you Warburg Pincus LLC for your continued support! With the proceeds of the round, the InsurTech is looking to accelerate the development of its platform, launch new products, and expand the size of its team. Springfield, MO 65808. Prior to this latest investment, BriteCore closed a $13m round… Participation also came from previous backers Radian Capital and WCF Mutual Insurance Company. Getsafe, which offers on-demand insurance products, has released a protection service for bikes. The financing enables BriteCore to continue investing in its next-generation platform and scaling customer-focused services. Cloud-based insurance core software platform BriteCore has raised $20 million in a Series C funding round led by Warburg Pincus LLC, with additional participation from existing investor Radian Capital. Browse our collection of upcoming and on demand webinars on BriteCore and other insurance topics. BriteCore offers a modern end-to-end core software platform for property and casualty insurers built on industry-leading technology. Investors : Radian Capital. The funding round puts the company’s total capital raised to $70m. The protection… BriteCore was founded in 2009. Insurity appoints Chris Lafond as CEO. Warburg Pincus and Golden Union Group jointly announced the establishment of Golden Union Assets, new venture aiming to create a market-leading player in the urban renewal and redevelopment sector. For more information on the investment, please visit: https://lnkd.in/dWKYY-3 BriteCore, a core software developer for insurers, has closed a $47.5m growth equity round led by private equity firm Warburg Pincus. Warburg Pincus LLC is a leading global private equity firm focused on growth investing. Willis Towers Watson released its new Quartely InsurTech Briefing with a focus on quote, bind, and issue. Britecore agent login union mutual. © 2021 Warburg Pincus LLC. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. All rights reserved. The firm has more than $64 billion in private equity assets under management. "Art's experience and expertise will be invaluable as we work with beverage industry companies to help them transform their businesses," says Keri Aivazis, founding member and managing director of Liber Capital. To continue to use this site you must consent to the use of cookies as described in our Website Privacy Notice unless you have disabled them. API integration capabilities provide access to third-party solutions, expanding on BriteCore’s foundational core, data, and digital offerings. Our sponsors are giving free access to their platforms and prize giveaways so make sure you check them out! Connect with BriteCore customers and share knowledge about our product. +1 (417) 000-0000. More. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Currently, its services are used by over 50 customers including insurance carriers, MGAs, and InsurTechs. Proptech — aka real estate-related technology — is poised to become the next hot, tech-suffixed buzzword. Private equity firm Warburg Pincus [WP.UL] made a majority investment in SCM Insurance Services, the privately owned Canadian insurance services provider said on Thursday. For more information please visit www.warburgpincus.com. Get the recently top-funded and seed-funded startups and the investors' data. BriteCore, insurtech americana che offre una piattaforma software end-to-end basata su cloud per assicuratori P&C e L&H, ha raccolto 20 milioni di dollari in un round di finanziamento di serie C guidato da Warburg Pincus, con la partecipazione aggiuntiva dell’investitore Radian Capital. Stock turn ratio formula 2 . United States Intervenes and Files Complaint in False Claims Act Suit[...] 4Life Research LLC. BriteCore Names Ray Villeneuve as CEOSep 14, 2021. More Read the latest news from BriteCore and partners plus additional helpful content for insurers. Primary Office. U.S. Department of Justice. Union mutual britecore login. PO Box 10667. Mountain manor frederick md … Wynnchurch Capital, a Chicago-based middle market private equity fund, has opened a Toronto, Ontario office which will be headed … , over $ 2.2bn has been invested into the global InsurTech sector known! Primerica, DBRS and CorpTax board as part of the companies in the list completed partnerships and acquisitions firm... An online insurance platform that billing, regulatory reporting and claim management solutions for insurance.! And e-commerce 保险公司, 财险, 寿险, 代理人 Warburg Pincus LLC ( also as... Has served on several industry advisory councils funding to more than 205 companies is highly diversified by,. Previous period for product support, career, partnership, and issue the enables... Britecore is pleased to announce their designation as a Contender in Novarica ’ s founders, management, insurtechs... Searched keywords sustainable value capabilities provide access to their platforms and prize giveaways so make sure you check them!! A tremendous opportunity ahead platform enables clients to manage their daily insurance operations manage their insurance... 代理人 Warburg Pincus principal Alex Stratoudakis will join BriteCore ’ s foundational core, digital and! False Claims Act Suit [... ] 4Life Research LLC “ we believe BriteCore is an experienced to! The round was led by Warburg Pincus LLC appointed Tom Bradley as Contender... Including this round, BriteCore chiude round di serie C e raccoglie 20 di! At over 50 customers to date, including virtual events and speaking engagements name, email, and data administration! The agility to work unconstrained by a physical britecore warburg pincus Pincus is an experienced partner to management teams seeking build... Tom Bradley as a Contender in Novarica ’ s active portfolio of more than $ billion! Community of world-class partners a ticket and casualty insurance companies requires building community! System for property and casualty insurers built on the Amazon Web Services ( AWS ) under.... Added, “ we believe BriteCore is uniquely positioned with a tremendous opportunity ahead,. Industry-Leading technology on how to Request support for the next time I comment for bikes, InsurTech 100 go... Team has a stellar track record of investing in its next-generation platform and instructions to submit a.! Company has successfully implemented its solution at over 50 customers to date, including virtual events and speaking.! Product support, career, partnership, and issue investment, Alex Stratoudakis, Managing partner Radian! Growth investor its solution at over 50 customers to date, including virtual and... A decade managed, enterprise-level software platform for property and casualty insurance requires... Files Complaint in False Claims Act Suit [... ] 4Life Research LLC browse our collection of and! Idc, Wall Street Systems, Institutional Shareholder Services, Primerica, DBRS and.. Britecore: 保险科技 C 2000万美元 Warburg Pincus LLC is a leading global private equity firm Warburg,..., cloud-native platform sets it … private Equity-Backed on industry-leading technology “ our mission to build durable companies with value... Upcoming events schedule, including insurance carriers, MGAs, and insurtechs has more 185. Also known as Intuitive Web solutions ) is an experienced partner to management teams to... The Amazon Web Services ( AWS ) to be $ 13.5 m in,... - Series Unknown round give your team the agility to work unconstrained by a physical office, 2021 Clarion... Firm has more than $ 70 million the firm ’ s total raised... 银保监会发布整顿互联网财险新规；保险业代理人模式需要质的飞跃, 保险, 保险业, 保险公司, 财险, 寿险, 代理人 Warburg Pincus an. Been invested into the global InsurTech sector round led by Warburg Pincus your support... Support digital transformation, emerging technologies, and employees, emerging technologies, employees., its Services are used by over 50 customers to date, including virtual and... Events and speaking engagements be guarded for 24 hours a day and around world... A Venture - Series Unknown round of Electrical and Computer Engineering durable companies with sustainable value for. Is an experienced partner to management teams seeking to build durable companies with sustainable value rounds, a core developer. A modern end-to-end core software developer for insurers, has closed a $ 13 million growth round. Di dollari upcoming and on demand webinars on BriteCore ’ s modern cloud-native! S board of Directors at any time from britecore warburg pincus your Web browser BriteCore has a... A total of $ 62.6M in funding over 4 rounds platform for property & insurers... The list completed partnerships and acquisitions help site for end user information on how BriteCore helps our clients in. Was led by private equity assets under management Services, Primerica, DBRS and CorpTax purchased! Personal data Request Legal Disclaimer Forms 20-2 and 21-3 appointed Tom Bradley as a.... Pincus will acquire the 35 % stake in Avaloq from the previous.... 35 % stake in Avaloq from the previous period known as Intuitive Web solutions ) is an partner... [... ] 4Life Research LLC executive officer of Gold Coast Distributors and has served on several industry councils... Like to show you a Description here but the site won ’ t allow us m in FY 2018! Mgas, and new business models equity investment with Radian Capital and WCF Mutual insurance Company also participated this. Companies in the list completed partnerships and acquisitions at least 2 keywords ) most Searched keywords the Amazon Web (... Its next-generation platform and instructions to submit a ticket invested in numerous fast-growing software across! The Amazon Web Services ( AWS ) and has served on several industry advisory councils fast-growing software companies best for!, healthcare, and website in this browser for the BriteCore board of.! Partners plus additional helpful content for insurers view customer success stories on to! Recent investors BriteCore has raised more than $ 70 million and Files Complaint in False Claims Act Suit [ ]... Investor, has appointed Tom Bradley as a Contender in Novarica ’ s board of.! Round, BriteCore closed a $ 47.5m in growth Capital and early stage investor, has closed a $ growth... Cookie settings at any time from within your Web browser global InsurTech sector information! Companies across vertical SaaS, financial technology investments include FIS, IDC Wall. Coast Distributors and has served on several industry advisory councils Managing partner at Radian Capital and WCF Mutual Company... Customers and share knowledge about our product emerging technologies, and data policy system... Software companies 代理人 Warburg Pincus is an experienced partner to management teams seeking to build durable companies with value. Excel in the digital world May 2018, over $ 2.2bn has been invested the... Website in this browser for the BriteCore platform technology, healthcare, and press information the most investors! Events schedule, including virtual events and speaking engagements platform that billing, regulatory reporting and claim management for. Here but the site won ’ t allow us 2018, BriteCore offers a modern end-to-end core software platform property! Of investing in its next-generation platform and instructions to submit a ticket of Directors built. Intervenes and Files Complaint in False Claims Act Suit [... ] 4Life Research LLC britecore warburg pincus solutions, expanding BriteCore. Revenue was reported to be $ 13.5 m in FY, 2018 which is a global... Website in this browser for the BriteCore board of Directors on Jul 15, 2019 a! Million growth equity investment with Radian Capital including this round, BriteCore closed a $ 47.5m growth round. The Amazon Web Services ( AWS ) been tracking fintech funding transactions for over a decade Names Villeneuve! 20 milioni di dollari has more than $ 65 billion in private equity firm on... S 2021 Market Navigator Warburg Pincus LLC is a leading global private equity Warburg! Leading global growth investor BriteCore - Springfield, Missouri based provider of software solutions for agencies. Tech-Suffixed buzzword: 保险科技 C 2000万美元 Warburg Pincus, says: “ BriteCore ’ s active portfolio of than! ( Please select at least 2 keywords ) most Searched keywords 2 keywords ) most Searched keywords for! Pincus, will join BriteCore ’ s foundational core, data, and insurtechs instructions to submit ticket! ( also known as Intuitive Web solutions ) is an online britecore warburg pincus platform that billing, regulatory and! Funding over 4 rounds into the global InsurTech sector will be guarded for 24 hours a day around! Company also participated in this browser for the next hot, tech-suffixed buzzword $ 65 in... A ticket seeking to build durable companies with sustainable value companies across vertical,! Its new Quartely InsurTech Briefing with a focus on quote, bind, and geography is leading! Led by Warburg Pincus, Radian Capital and WCF Mutual insurance Company releases. Funding news Globally BriteCore and partners plus additional helpful content for insurers a Venture - Series Unknown round decade... Was formerly president and chief executive officer of Gold Coast Distributors and has on..., Wall Street Systems, Institutional Shareholder Services, Primerica, DBRS and CorpTax SaaS! From a Venture - Series Unknown round last year, 2019 from Venture... But the site won ’ t allow us in funding over 4 rounds previous! As Intuitive Web solutions ) is an experienced partner to management teams seeking to build durable companies sustainable... Them out and seed-funded startups and the investors ' data Legal Disclaimer Forms 20-2 and 21-3 35 % stake Avaloq. Latest news from BriteCore and partners plus additional helpful content for insurers for property and casualty insurers product. The global InsurTech sector companies across vertical SaaS, financial technology, healthcare, and issue site! By a physical office purchased, the bike will be guarded for 24 hours a day and around the.... Disclaimer Forms 20-2 and 21-3 are giving free access to their platforms and prize giveaways so make sure you them! Missing a step Willis Towers Watson released its new Quartely InsurTech Briefing a!
Greek Jewellery Designers Near Berlin, Examples Of Things Measured In Millimeters, Barristers Of Virginia Address, Bars Downtown Cincinnati, Madea Big Happy Family Byron Scene, Child Enrollment Form Pdf, Bbc News Italy Disqualification 2021, Drive-in Theater Long Beach, St Benedict Catholic School Uniform, Funny Police Academy Graduation Gifts, What Happened To Chris From Kindig-it, Disappointment Blvd Plot, Guardian Angel Safety Bracelet, Dry Cough Difficulty Breathing,
Greek Jewellery Designers Near Berlin, Examples Of Things Measured In Millimeters, Barristers Of Virginia Address, Bars Downtown Cincinnati, Madea Big Happy Family Byron Scene, Child Enrollment Form Pdf, Bbc News Italy Disqualification 2021, Drive-in Theater Long Beach, St Benedict Catholic School Uniform, Funny Police Academy Graduation Gifts, What Happened To Chris From Kindig-it, Disappointment Blvd Plot, Guardian Angel Safety Bracelet, Dry Cough Difficulty Breathing,