Developer of customizable insurance software designed to empower brands across the industry to build a frictionless digital insurance experience. The company's platform resolves the insurance implications with mobility trends such as electric and self-driving cars and driving patterns gaining momentum being essential to the automotive industry, thus enabling its clients to manage their insurance seamlessly through a single place.
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.
Developer of a digital risk management platform intended to serve commercial clients. The company's SaaS platform allows clients to create bespoke surveys and design questions that help them identify potential risks, capture client data with an audit trail and use multiple data sources to complement their risk control activity, thereby helping insurers, brokers, and MGAs to drive efficiencies for their risk consultancy practices, delivering new insights for underwriting and improving customer engagement.
Developer of configurable insurance software for insurance brokers, underwriting agencies and insurers across the United Kingdom and Ireland. The company's digital insurance services offer multi-line, multi-channel, multi-brand trading capability complemented by eCommerce and mobile technologies, that drive increased efficiencies right across companies' working processes, whether it's managing quotations, converting prospects to live clients or reconciling accounts with insurers for commercial and personal lines trading.
Developer of risk management software. The company's software include perils risk models, quote enrichment data and premium analysis software, enabling the insurance market for their operation.