End-to-end enterprise resource planning solution I4PRO has received a growth investment from private equity firm Anacapa Partners.
By working with Anacapa, the InsurTech will be able to expand its service offering.
Founded in 2005, the company offers the Brazilian insurance market with a selection of tools to improve workflow processes including selling, underwriting and administering policies, collecting premiums, and processing claims.
The company offers modules for specialty business lines such as reinsurance, as well as finance and accounting workflows.
Anacapa Partners managing director Ashley Giesler said, “I4PRO’s ability to efficiently implement end-to-end solutions at an affordable price, along with a high level of customer satisfaction, illustrates the quality of their products and services.
“Our partnership with Ângulo Capital, a search fund through which this investment was made, along with I4PRO and its management team, provides the opportunity for continued growth in Brazil’s large but underpenetrated insurance services market.”
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