Many of you will know Inzura for our innovative app-based telematics solution and our InzuraGo policy admin app - both products are groundbreaking in their own way, with both focussed on delivering efficiencies to our broker customers along with a compelling engaging experience to the policyholder. This customer centric approach is our guiding principle and along these lines I’m pleased to say that we are now ready to announce our next generation product iApprove.
At Inzura we collect and process huge amounts of data for each our insurance clients each month. We manage GPS location data for telematics, app usage data, policy document photos, vehicle and property data as well as video files from dashcams. We generate insight from this data to help with tactical issues like cost savings and fraud detection but also do aggregate analysis for longer term strategic product planning and pricing. We are constantly looking for ways to enhance the data-driven intelligence and insight we deliver to our insurer and broker customers.
Inzura.ai has raised a further £1m in a pre-A funding round. This follows a seed investment round in early 2018 and rapid growth in the UK and South East Asian markets.