Utilant Announces Significant Investment
Utilant, a market leader in loss control inspection and survey management software for underwriting and risk management for P&C insurers, announced today that Aquiline Technology Growth (ATG) has made a significant Series A investment in the company.
Founded in 2005, Utilant has become a leading provider of technology to the insurance industry through its LossControl360 SaaS solution. Utilant’s mission is to create technology solutions that make the risk management and underwriting processes more efficient. Utilant’s LossControl360 platform is designed to make the insurance risk management process more streamlined and accurate to help underwriters make better policy decisions.
This investment round will fuel Utilant’s global expansion and further strengthen its LossControl360 platform to leverage artificial intelligence and data analytics.
ATG’s investment comes during an exciting time in the marketplace and supports the opportunity for Utilant to further its leadership with P&C carriers and inspection services vendors. ATG is managed by Aquiline Capital Partners and is the firm’s dedicated early and growth stage fund, investing in technology companies that are bringing innovation to the insurance and financial services ecosystems.