Intrasurance B.V.
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Intrasurance B.V. - overview
Established
2002
Location
-, -, Netherlands
Primary Industry
Software
About
Intrasurance B. V. is a specialized insurance firm that leverages technology to streamline insurance services, providing efficient management of diverse insurance policies for clients in various sectors. Founded in 2002 in the Netherlands, Intrasurance B.
V. operates as a managing agent focused on delivering insurance services via a digital platform. The company was acquired by Heinenoord Holding, a portfolio company of Qmulus, in October 2020, marking a significant shift in its operational strategy. The acquisition aims to enhance Heinenoord's portfolio and strengthen its market position.
The company primarily serves the Dutch market, facilitating efficient insurance management for clients. Heinenoord Assuradeuren offers a comprehensive range of insurance services, primarily functioning as a managing agent that provides access to multiple insurance products through a streamlined digital platform. Their core offerings include the management of insurance policies across diverse categories, such as property, liability, and specialized coverage for complex risks. The firm emphasizes a high level of service quality, ensuring that clients receive prompt responses to inquiries and assistance with policy management through their Heinenoord Office system.
This platform allows intermediaries to handle various transactions, including policy comparisons, adjustments, and claims management, effectively addressing the needs of both business and individual clients. Heinenoord Assuradeuren primarily serves the Dutch market but also engages with clients across other regions through partnerships, facilitating a broader reach. The revenue model of Heinenoord Assuradeuren is structured around its role as a service provider for insurance intermediaries, which allows them to earn income through commissions and fees associated with policy management and administration. Transactions typically occur through partnerships with brokers who leverage Heinenoord's extensive product offerings to serve their own client base.
Clients access various services, including policy issuance and claims processing, with a focus on providing seamless transitions and maintaining client relationships. The transaction structure supports efficiency by integrating a unified account system, enabling intermediaries to manage multiple policies under one umbrella, thereby enhancing operational scalability. The robust service model of Heinenoord Assuradeuren emphasizes direct interactions with intermediaries, fostering a strong network within the insurance sector while meeting the diverse needs of policyholders. Intrasurance B.
V. plans to leverage the acquisition by Heinenoord Holding to enhance its service offerings and expand its market presence. The current strategy includes the development of new insurance products tailored to meet evolving client needs, although specific release dates have not been disclosed. Additionally, the firm aims to penetrate new geographic markets beyond the Netherlands, with a focus on establishing partnerships in various European regions by 2023.
The recent acquisition funding will be utilized to support these initiatives, strengthening the operational capabilities and expanding the product portfolio of Intrasurance B. V.
Current Investors
Heinenoord Holding
Primary Industry
Software
Sub Industries
Claims Administration & Processing, Insurance Intermediaries, Accounting/Finance Software, Analytics & Performance Software
Website
www.intrasurance.com
Verticals
Cloud Computing, InsureTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Intrasurance B.V. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Intrasurance B.V. | - |
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