Digital Insurance Platform EIS Cements Expansion into EMEA with New London HQ
£75m+ investment sees EIS join insurance elites in the City
EIS, a core and digital platform provider for insurers, has opened new EMEA headquarters in London, led by recently appointed Managing Director Rupert Jarron. Based at ‘The Can Of Ham’ building in the City of London, the new office reinforces EIS’ ambitious EMEA expansion plans to replace legacy competitors in major insurance players across the region.
EIS has grown its global presence by enabling insurers to rapidly create and deploy new products and services that engage insurance consumers. It is looking to transform the EMEA insurance markets with its digital-first coretech capabilities, bridging the gap between insurance companies and insurtechs to create customer-centred products and services.
Jarron comments “Our aim is to invigorate the market, which until now has faced challenges adopting the latest digital innovations. The City of London is an obvious location to establish our EMEA HQ, surrounding ourselves with some of the world’s leading insurance players like Axa UK and AIG Life. Being situated in a hub of insurance innovation makes it easier to introduce EIS to potential customers and innovation-minded partners.”
The new London HQ comes on the back of raising a growth investment of more than $100 million in June. The new office is a crucial step for EIS’s growth plans, bolstered by successful customer engagements and strong market interest in EIS solutions. Since launching in Europe in early 2020, EIS has quadrupled its marketing, sales and operations staff and added several hundred people in software development and services roles in the region and that pace will continue.
Jarron adds “We are helping move the insurance sector away from being product-centered to one that looks at the human problems it can solve. Helping insurers think and act like tech companies and build ecosystems around new business models is essential for this rapid evolution, which we’re expertly placed to support.”
About EIS
EIS is an insurance software company that enables leading insurers to innovate and operate like a tech company: fast, simple, agile. Founded in 2008, EIS provides a platform for high-velocity insurance. This open, flexible platform of core systems and digital solutions liberates insurers to accelerate and scale innovation, launch products faster, deliver new revenue channels, and create insurance experiences the world will love. And with thousands of open APIs, the platform gives insurers the freedom to connect to a vast ecosystem of insurtech and emerging technologies. Headquartered in San Francisco, EIS powers premium growth for insurers in all lines of business worldwide. For more information, visit EISGroup.com or follow @EISGroupLtd on Twitter and LinkedIn.