FINEOS raises $22 million

Dublin-based FINEOS , founded in 1993, has announced a $22 million post-IPO funding round. As a provider of core systems tailored for life, accident, and health insurers worldwide, FINEOS has firmly established its footprint in the insurance tech sector.

The company works  with 7 of the 10 largest group life and health carriers in the US, as well as 6 of the top life insurers in Australia, depending on its services. Beyond these shores, FINEOS continues to mark its presence with employees and offices spanning North America, Europe, Asia Pacific, and beyond.

The FINEOS Platform is a SaaS core product suite offering an end-to-end solution for insurance businesses. The platform’s highlight, FINEOS AdminSuite, enables quote to claim administration, ensuring that insurers can manage processes efficiently and effectively. Recognizing the digital transformation wave in the insurance sector, FINEOS has also introduced FINEOS Engage, designed specifically to enhance digital engagement. Complementing these offerings is FINEOS Insight, an analytics and reporting tool, enabling data-driven decision-making and insights for insurers.