Arquia Banca subscribes 100% of an insurvey capital expansion and acquires 40% of the platform, reinforcing its commitment to insurance and digital transformation
· This operation is a new step in the bet of the banking entity to strengthen the insurance segment, aligned with its specialization in professionals, contributing to the greater competitiveness of the bank and its digitalization process.
· Insurce was recognized by the Seal Awards 2024 in the E-Distribution category for its contribution to the transformation of the insurance industry betting on innovation in distribution and in the client-centered approach
· Insurce is the Technological Platform of the Insurnet Correeduría, specializing in online services for professionals and companies. The company currently has a base of more than 4,000 insured customers with about 8,000 policies and closed last year with 6.5 million euros in intermediated premiums
Arquia Bancareference entity in financial services for professional profiles, has fully signed a round of capital expansion over Insurce and has acquired 40% of the technological platformreinforcing its commitment to the Specialized insurance segment for professionals and self -employedthrough an alliance that contributes to its greater competitiveness and to the process of Digitization. This new inorganic operation, which has been advised by the prestigious Rocajunyent office is aware of the corresponding administrative authorizations, strengthens Arquia Banca's position In the insurance sector, after the acquisition in December of a participation of Ca life insurance experts.
Insurce It is the technological platform of the Insurnet Slimspecialized in online services for professionals and companies and recognized for its contribution in the transformation of the insurance industry. The company, which bet For innovation In products and services, it has been advised by ACROSS Legal SLP, a specialized firm in Insurtech.
The entrance of Arquia Banca in Insurceo supposes Inject an essential capital for the development of this platformwhich offers an integral solution that allows professionals, self -employed and SMEs to have a Advice and Quotation Tool direct of the insurance needs of your business. The developed technology itself acts as an intelligent advisor who, being connected via API with different top -level insurers, can offer the entire range of specialized products for professionals and companies, in a 100% online hiring process with which the bank wants to give impulse to digitalization.
Capital injection will allow Insurce Accelerate its expansion, providing it with the necessary resources to expand its investments in marketing strategies and technological development. One of the main objectives will be Strengthen API connectivity with insurers and distributorsfacilitating fluid digital interactions between insurance, runners and companies. This strategy will offer more agile and efficient contribution and hiring processes, becoming a key actor in the digital transformation of the industry.
In words of Xavier VenturaGeneral Director of Arquia Banca: “This new operation Complement our business model And it is an important step in our Growth strategy, strengthening our position in the insurance segment, an expanding business. It is a commitment to a project that is already in full functioning With some Business synergies relevant. Allows us be more competitive and supposes Accelerate the digitalization process To offer the Best service to our clients ”.
For its part, Rafael Lacasafounder and CEO of Insurcecontinue at the head of society and maintain the majority of the share capital. Regarding the operation, he says: “We have been developing this Innovative tool During the last 3 years, and therefore we already have a Competitive advantage As for Time to Market. Arquia's entrance allows us to accelerate Platform development and consolidate this advantage. Having Arquia as a partner generates a strong strategic value since, in addition to sharing the same customer segment —Professionals and companies – also They bet on digitalization and technologyaligning with our vision. ”
About Arquia Banca
Created in 1983, Arquia Banca is an entity aimed at addressing the specific needs for saving professionals. At the end of 2017, it incorporated Caja Abogados, a reference entity of the Legal Collective. The Arquia group closed the 2023 exercise with a managed business volume of € 4,046 m, a solvency coefficient of 17.5% (well above the required) and a structural liquidity of 248%. The entity counts, at the end of 2023, with 37 offices and 246 employees. More information: www.arquia.com
About Insurnet/Insurce
Insurnet, founded in 2001 by Rafael Lacasa, is an insurance brokerage with presence in Barcelona, Madrid and Palma de Mallorca, which has consolidated its career by offering specialized insurance solutions. In 2020, he opted for the digital transformation of the sector with the launch of Insurceo, an innovative platform that optimizes and automates all the processes of contribution, hiring and sinister management, providing a more agile and efficient experience for both professionals and for companies. For more information: www.insurceo.com
