OWIT Global

Market-leading, game-changing, insurance-specific microservices.

General Information
Company Name
OWIT Global
Founded Year
2018
Location (Offices)
West Hartford, United States +1
Founders / Decision Makers
Number of Employees
45
Industries
Information Technology, Insurance, Insurtech
Funding Stage
Series A
Social Media

OWIT Global - Company Profile

OWIT Global is a United States-based startup founded in 2018, specializing in providing market-leading, game-changing, insurance-specific microservices. The company's flagship product is the Digitalization Insurance Enterprise Management platform (O/DIEM) which aims to support the insurance industry's need for process improvement and clean data across the value chain. O/DIEM encompasses a range of solutions including data ingestion, transformation, and management, as well as tools for brokers, point of sale, rating, rules, and document generation. Notably, it can integrate with existing client environments to facilitate data and digitalization process transformation. As of 28 May 2020, OWIT Global secured a significant milestone with a $1.12M Series A investment led by New York Angels and Robin Hood Ventures. This investment is testament to the confidence these investors have in OWIT Global’s vision and technological capabilities. As the company operates at the intersection of Information Technology, Insurance, and Insurtech, it is positioned to capitalize on the growing demand for innovative solutions within the insurance sector. With a strong emphasis on modern architecture, no-code deployment, and cloud optimization, OWIT Global is poised to play a pivotal role in simplifying innovation and digitalization within the insurance industry. OWIT Global's mission to streamline processes and harmonize data through digitalization, alongside the integration of existing customer environments, aligns with market trends and underscores the company's commitment to maximizing customer investments. The company’s strategic focus on tailored solutions for carriers, brokers, reinsurers, and MGA/MGUs bodes well for its future growth and impact. As a relatively young entrant in the industry, OWIT Global has quickly positioned itself as a promising player in the insurtech space, signaling potential for further expansion and success. For more information, interested parties can reach out to OWIT Global at 833-GET-OWIT or visit www.owitglobal.com.

Taxonomy: Insurance Technology, Microservices, Digitalization, Insurance Industry, Cloud-based Solutions, Bordereaux Management, Document Generation, Global Insurance, Specialty Insurance, Data Integration, No-Code Deployment, Reinsurance, Insurance Innovation, Global Specialty Lines, Policy Administration

Funding Rounds & Investors of OWIT Global (2)

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Funding Stage Amount No. Investors Investors Date
Series A $1.12M 2 28 May 2020
Private Equity Round Unknown 1 01 Jan 2018

Latest News of OWIT Global

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No recent news or press coverage available for OWIT Global.

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