Ancileo
Founded Year
2016Stage
Seed | AliveTotal Raised
$3MLast Raised
$3M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-71 points in the past 30 days
About Ancileo
Ancileo is a provider of insurance technology solutions, specializing in the digital distribution of insurance products and services. The company offers a suite of enterprise solutions including API integration, white label services, agent portal management, AI-driven claims automation, policy management, and localized premium billing, all designed to enhance the operations of insurers, re-insurers, brokers, and affinity partners. Ancileo's technology is tailored to support the insurance industry, with a focus on travel insurance portfolios. It was founded in 2016 and is based in Singapore, Singapore.
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ESPs containing Ancileo
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The agency portal design market caters to insurance agencies by providing them with tailored web portals for their clients, agents, and partners. This market offers solutions that focus on designing intuitive and user-friendly portals specifically designed to meet the unique needs of the insurance industry. By engaging in the agency portal design market, insurance agencies can enhance their digita…
Ancileo named as Challenger among 11 other companies, including Insuritas, Zywave, and Applied.
Ancileo's Products & Differentiators
Lea
Digital Native Travel Insurance TPA powered by AI and automations
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Research containing Ancileo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Ancileo in 3 CB Insights research briefs, most recently on Dec 18, 2023.
Dec 18, 2023
The P&C claims tech stack market mapExpert Collections containing Ancileo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Ancileo is included in 2 Expert Collections, including Insurtech.
Insurtech
4,359 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
13,398 items
Excludes US-based companies
Latest Ancileo News
Oct 5, 2023
Data Vantage: Ascent Solutions, Wellesta, Ancileo and Perx pocket funding This web version of the DATA VANTAGE twice-weekly premium newsletter is available only to our premium subscribers. Unlock access by picking up any of our premium subscription plans .
Ancileo Frequently Asked Questions (FAQ)
When was Ancileo founded?
Ancileo was founded in 2016.
Where is Ancileo's headquarters?
Ancileo's headquarters is located at Level 39 Marina Bay Financial Centre Tower 2, Singapore.
What is Ancileo's latest funding round?
Ancileo's latest funding round is Seed.
How much did Ancileo raise?
Ancileo raised a total of $3M.
Who are the investors of Ancileo?
Investors of Ancileo include Fermion and Plug and Play APAC.
Who are Ancileo's competitors?
Competitors of Ancileo include Peak3 and 6 more.
What products does Ancileo offer?
Ancileo's products include Lea and 1 more.
Who are Ancileo's customers?
Customers of Ancileo include AXA Partners, https://www.hlas.com.sg/ and https://www.msig.com.sg/.
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Compare Ancileo to Competitors
bsurance specializes in the digital integration of insurance products within various business sectors. The company offers a cloud-based platform that enables businesses to embed insurance services directly at the point of sale, providing digitalized insurance solutions. While bsurance primarily serves sectors such as e-commerce, mobility, banking, payment providers, and sharing economy platforms, this information is not explicitly stated in the info bank and is therefore not included in the description. It was founded in 2017 and is based in Vienna, Austria.
Cover Genius is the insurtech company specializing in embedded protection for various industries. It main offerings include a global distribution platform, XCover, which provides seamless insurance and protection services, and an API that enables instant claims payments in over 90 currencies. It primarily serve sectors such as retail, fintech, logistics, mobility and auto, gig economy, travel, property, and live event ticketing. It was founded in 2014 and is based in New York, New York.
Tuito is a technology company that specializes in artificial intelligence and audio analytics within the industrial and medical sectors. The company offers software solutions that convert audio signals into actionable data, enabling real-time event notifications, security or production monitoring, and hands-free interaction. Tuito primarily serves sectors such as healthcare, site surveillance, banking and retail, and hospitality. It was founded in 2017 and is based in La Ciotat, France.
Moonshot Insurance is a pioneer in the insurtech sector, focusing on providing Insurance-As-A-Service solutions. The company offers innovative insurance coverage with a fully digital experience, aiming to enrich the customer experience and meet new uses. Moonshot Insurance primarily serves the e-commerce industry, mobility providers, and financial services sector. It was founded in 2017 and is based in Paris, France.
eBaoTech is a technology solution provider focused on the global insurance industry. The company offers a platform-as-a-service (PaaS) to power insurance applications and open API platforms, as well as a collection of applications for insurers, brokers, and other ecosystem players. eBaoTech primarily serves the insurance industry, including carriers, brokers, agents, and InsurTech startups. It was founded in 2000 and is based in Shanghai, Shanghai.
Root is a digital insurance platform that allows users to launch, sell, and iterate digital insurance products quickly. Its services include funeral cover, device cover, credit life cover, term life cover, personal accident cover and many more. It provides its services to insurers and other insurance companies. It was founded in 2016 and is based in Cape Town, South Africa.
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