OWIT Global
OWIT Global is a global insurance technology provider that specializes in offering cloud-based solutions for the insurance industry. Founded in 2018, the company focuses on simplifying innovation through its Digitalization Insurance Enterprise Management platform (O/DIEM), which enables insurance entities to manage their data more efficiently. OWIT's offerings include Bordereaux Management, Delegated Data Management, and various microservices designed to integrate seamlessly with existing systems. The company leverages artificial intelligence to enhance data processing and ensure clean, validated information, positioning itself as a leader in the digital transformation of insurance processes.
OWIT Global
OWIT Global is a global insurance technology provider that specializes in offering cloud-based solutions for the insurance industry. Founded in 2018, the company focuses on simplifying innovation through its Digitalization Insurance Enterprise Management platform (O/DIEM), which enables insurance entities to manage their data more efficiently. OWIT's offerings include Bordereaux Management, Delegated Data Management, and various microservices designed to integrate seamlessly with existing systems. The company leverages artificial intelligence to enhance data processing and ensure clean, validated information, positioning itself as a leader in the digital transformation of insurance processes.
TL;DR
What they do: Cloud-native insurance technology provider (O/DIEM platform) for bordereaux, delegated underwriting, and insurance data management
Founded: 2018
Headquarters / Operations: Headquartered in West Hartford, Connecticut; operates in USA, UK, India
Recent funding: Series A announced May 28, 2020; total disclosed funding USD 1,120,000
Compliance signals: Reports SOC 2 Type II and ISO 27001 compliance activity
Company Overview
Problem Domain
Insurance operations and data management (bordereaux, delegated underwriting, data transformation and validation).
Founded
2018
Industry
Insurance technology (Insurtech)
Tech Stack
Funding Track Record
Crunchbase indicates an early/private round in 2018
Series A announced May 28, 2020 per funding records
Investor Signal
“New York Angels, Robin Hood Ventures, Miller Investment Management”