Prima Solutions secures €1.4 million fund to drive insurance software growth

Prima Solutions, a provider of a complete software
offering for Life, P&C, Large Commercial Risks and Reinsurance Software,
announced it has completed a €1.4 million round of funding.

The financing is exclusively provided by existing
shareholders, confirming their support to Prima Solutions’ strategy to be the
leader in insurance software for brokers, insurance, mutual insurance and
reinsurance companies.

Prima Solutions plans to use the funds to
expand its market position through a combination of external acquisitions and
internal growth by leveraging its existing customers and products.

Since its creation, Prima Solutions has been helping
forward-looking insurance organizations improve IT efficiency and agility, grow
top-line and cut operating costs with its standards-based insurance platform.
Following the acquisition last year of a Paris-based insurance software
provider, Prima Solutions is now able to provide a complete insurance software
solution suite.

This new financing round will enable us to add more
solutions and products to our portfolio for the benefit of our customers,” said
Hugues Delannoy, CEO, Prima Solutions.

By Team
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