Riovic Launches of PolicyLedge

South Africa-based Riovic announced that it has built PolicyLedge “to help insurance brokers and agents become digital and paperless more simply and freely.”

By the look of things, PolicyLedge is an agency administration system that allows agencies to manage policies, clients, staff and financials, and to send notifications and messages .

Riovic is a startup, established in 2015, that has no problem swapping identities. Its initial value proposition was centered on a peer-underwriting platform that looked to connect those in need of insurance with investors willing to pay for it. Now, it’s a financial technology company.

Bottom Line: from a specialist to a generalist.