INSTANDA is the no-code core insurance platform that enables carriers and MGAs to create, build and implement complex insurance products in a matter of weeks or months.
INSTANDA operates exclusively through Software-as-a-Service (SaaS) and is a radically diﬀerent approach to insurance product innovation.
INSTANDA was founded in 2012 by Tim Hardcastle. The company is headquartered in London, United Kingdom.
INSTANDA digitizes the complex insurance value chain with its core digital PAS and an interface that allows business users to innovate, manage and distribute insurance products across all lines within P&C and Life and Health.
INSTANDA allows insurers to deploy and orchestrate their product portfolios locally and globally within days and weeks; ten times faster than the industry norm.
INSTANDA's cloud-based software is used by more than 70 businesses to build insurance products in areas including property, life and health. Its clients include Atlanta, Standard Bank and Hamilton Fraser.
INSTANDA is backed by Toscafund, Dale Ventures, Assembly Capital Partners, and others. The company raised $45M (£36.7M) in a Series B round on Jun 20, 2022. This brings INSTANDA's total funding to $73.1M to date.