Insurance Global Operations (IGO), a New York-based solution provider of core processing systems for the P&C and Life insurance markets, raised $30m in new funding.
Backers included existing and founding shareholders.
The company, which rebranded as zags, intends to use the funds for continued research and development of its solutions, and its North American sales and marketing effort.
Led by Olivier Jaillon, founder and chief executive officer, zags provides a collaborative insurance administration platform which is developed on a full Microsoft stack and features business intelligence and user experience capabilities.
The company has offices in Paris, Minneapolis and Tunis.
FinSMEs
11/06/3014