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Auckland, New Zealand - InsuredHQ, a leading Trans-Tasman insurtech provider, is proud to announce its collaboration with Ivory Insurance in its successful launch as a general insurer in the Australian Market. This partnership marks a significant milestone in InsuredHQ's mission to deliver advanced, scalable insurance administration software and open APIs across the insurance industry.
With its roots in New Zealand and operations extending through Australia, APAC, and North America, InsuredHQ's API-driven platform and collaboration with Ivory played a crucial role in Ivory Insurance's positive review and license issuance by the Australian Prudential Regulation Authority (APRA). The comprehensive and adaptable nature of InsuredHQ's core platforms has enabled Ivory Insurance to step confidently into the Australian market, addressing the critical need for additional capacity in general insurance for small and medium-sized businesses.
"Ivory Insurance's choice of InsuredHQ as their central core platform is a testament to our commitment to excellence and our ability to support transformative plans in the insurance sector," said Jon Davies, CEO at InsuredHQ. "We are excited to be part of Ivory Insurance's journey as they embark on providing innovative insurance solutions across Australia."
Michael Tuffy, CFO of Ivory Insurance, remarks on the partnership,
"InsuredHQ's advanced platform was pivotal in our successful launch in Australia, allowing us to set a new standard for operational excellence in insurance."
InsuredHQ's technology supports complex insurance products, high-volume transactions, industry-specific reporting, and a complete trust accounting system. This collaboration showcases InsuredHQ's expertise in propelling insurance companies towards growth and operational efficiency.
"We look forward to seeing Ivory Insurance thrive in the Australian market, and we are proud to support them with our cutting-edge technology and industry experience, " added Mr Davies.
For more information about InsuredHQ and its transformative insurance solutions, visit insuredhq.com