ClaimsControl is a Lithuania-based insurtech startup established in 2012. The company's slogan, "Insurance claims collaboration platform. We optimize data exchange between insurers, brokers, their customers," reflects its primary focus on facilitating seamless communication and data exchange within the insurance industry.
ClaimsControl's key objective is to digitize the data exchange process among all participants involved in claims handling, including insurers, brokers, customers, and loss adjusters. This initiative aligns with the growing trend in the insurance sector towards digital transformation and enhanced operational efficiencies.
The company received a significant boost with a €40.00K Pre Seed Round investment on 15 September 2016, which was led by Startup Collider by PwC. This injection of funds not only provided the necessary capital for the company's expansion but also signified the confidence of the industry in ClaimsControl's innovative approach.
By optimizing data exchange and communication in the insurance ecosystem, ClaimsControl is well-positioned to disrupt the traditional claims handling process and offer substantial value to insurers, brokers, and their clients.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Pre Seed Round | €40.00K | 2 | Startup Collider by Pwc, PwC's Accelerator | 15 Sep 2016 |
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