Allfinanz
Dublin
About Allfinanz
Founded in 1987, Allfinanz is the market leader in providing new business processing and underwriting automation software to the life insurance industry. By electronically capturing application details and automating the underwriting process, Allfinanz solutions deliver Straight Through Processing (STP) for life insurers, and in so doing slash costs and drive greater profitability. Allfinanz has enabled STP and "instant issue" at insurers and banks worldwide, who are now able to approve up to 80% of new applications at the point of sale for a variety of life insurance products across a range of distribution channels (including intermediary, call-centre, bancassurance, agent and direct channels). This has been accompanied by a significant reduction in new business acquisition costs – by up to 85% in some cases. Allfinanz is headquartered in Dublin, Ireland, and has a regional office in Sydney, Australia, as well as support offices in the UK, the US, Hong Kong and South Africa.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 10,001+
- Funding stage: M&A
- Last round: Series A (Jan 2010)
- Phone: +49 (89) 38 91-33 66
Industries & Categories
Information Technology, Software
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