For Immediate Release: 29th April 2019
QUODEX RAISES EQUITY INVESTMENT
Quodex Limited (“Quodex”) is excited to announce it has successfully raised investment funds from one of the UK’s leading investment gurus. The funds will be used to support product development and the growth of the start-up business.
The new investment round will enable Quodex to further capitalise on its position as an up and coming disruptor in the InsureTech sector. Quodex continues to develop its platform and add additional functionality to meet customer demand.
Jason Smart, Managing Director, said “We are delighted that a leading UK investor has seen the potential in the Quodex business and how our SaaS can dramatically reduce insurance production costs giving us that all important competitive edge.”
About the software
Quodex offers a transformative and fully integrated quote and buy insurance platform for standard and non-standard insurance products. The out-of-the-box agile software as a service enables rapid product rollout. Brokers are online and e-trading with a branded platform in a matter of hours. A cloud-based or an on premises option to replace outdated legacy software and infrastructure. Decades of industry knowledge and years in the design and build to meet the highest architectural standards. Fully secure and GDPR compliant from quote through to bordereaux production.