ParaCode

ParaCode is a UK-based startup that offers cloud-based insurance policy administration and claims management software. With its flexible platform, ParaCode caters to insurers, brokers, and MGAs, enabling them to handle various kinds of insurance without limitations. The company emphasizes its capability to reduce time-to-market through quick and easy implementation, as well as its agility in adapting to new opportunities or market changes. ParaCode positions itself as a catalyst for increased revenue and improved profitability, boasting greater efficiency, capacity, and functionality. Founded in 2019, ParaCode focuses on empowering insurance companies to optimize their IT operations with an unwavering commitment to enhancing customer business and ensuring ongoing satisfaction. The company's dedication to outstanding customer service and support throughout the entire journey underscores its customer-centric approach. Although details about their most recent investment are not available at this time, ParaCode operates in the financial services and insurance industries. As the company continues to develop, it presents an intriguing opportunity for potential investment within the insurance technology sector.