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下一代保险核心系统SaaS提供商ZA Tech更名为Peak3,并获EQT领投的3500万美元A轮融资

ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT

CISION 等信源发布 2024-06-19 09:00

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SINGAPORE, June 19, 2024 /PRNewswire/ -- ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions..

新加坡,2024年6月19日,下一代保险核心系统SaaS提供商ZA Tech更名为Peak3。随着EQT(首席投资者)和Alpha JWC Ventures成功完成其3500万美元的A系列融资,Peak3现在加速了其在EMEA地区的扩张以及对补充数据和人工智能解决方案的投资。。

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In a market dominated by fragmented legacy technology, Peak3 has pioneered a cloud-native, modular insurance core and distribution system that combines comprehensive capabilities for life, health, and property and casualty (P&C) insurance. Since its founding in 2018, Peak3 has become a trusted technology partner to global insurers such as AIA, Generali, Prudential, and Zurich for their digital and traditional business.

在一个由零散的遗留技术主导的市场中,Peak3开创了一个云本地模块化保险核心和分销系统,该系统结合了人寿、健康和财产及意外保险(P&C)的综合功能。自2018年成立以来,Peak3已成为友邦保险、通用保险、保诚保险和苏黎世等全球保险公司数字和传统业务的可靠技术合作伙伴。

It has also partnered with leading digital platforms such as Carro, Grab, Klook, and PayPay to build and scale their embedded insurance businesses..

它还与Carro、Grab、Klook和PayPay等领先的数字平台合作,建立和扩大其嵌入式保险业务。。

Besides the successful fundraising, Peak3 has recently achieved key milestones underpinning the rebranding. These transformative achievements include launching its first multi-country, multi-tenant core modernisation in Europe, rolling out an integrated customer data and big data platform for scaling analytics and AI capabilities, and establishing its first technology centre in Europe.

除了成功的筹款外,Peak3最近还取得了重塑品牌的关键里程碑。这些变革性的成就包括在欧洲启动其第一个多国多租户核心现代化,推出用于扩展分析和人工智能能力的集成客户数据和大数据平台,以及在欧洲建立其第一个技术中心。

The rebranding coincides with another major milestone: Issuing over a billion insurance policies on Peak3's systems – including the first policies issued to North American customers and the first ones to be issued in Africa..

此次品牌重塑恰逢另一个重要里程碑:在Peak3的系统上发布了超过10亿份保险单,包括首次向北美客户发布的保单和首次在非洲发布的保单。。

'We have evolved from an embedded insurance pioneer in Asia to a global end-to-end technology partner for the insurance industry,' said Bill Song, Peak3 Group CEO and Co-Founder. 'Our new name represents three pinnacles: scaling the heights of innovation, surpassing performance limits, and delivering superior reliability – as we help insurers reach the highest summits of their cloud, data, and AI transformation.'Bill Song also emphasised the growth opportunity: 'There is an incredible tech investment backlog in the US$7-trillion global insurance industry.

Peak3集团首席执行官兼联合创始人比尔·宋(BillSong)说,我们已经从亚洲的嵌入式保险先驱发展成为保险业的全球端到端技术合作伙伴我们的新名字代表了三个顶峰:创新的高度,超越性能极限,提供卓越的可靠性,帮助保险公司达到云、数据和人工智能转型的最高境界。”比尔·宋(BillSong)还强调了增长机会:“全球7万亿美元的保险业存在令人难以置信的技术投资积压。

Continued digitalisation and the proliferation of AI will require structural investments by insurers over the next decade to modernise their core systems. We are uniquely positioned to capture this opportunity by providing the tech core foundations and innovation use cases.' To accelerate its growth journey, Peak3 completed its Series A fundraising and welcomed two new investors on its cap table: EQT, a major global technology investor with a deep heritage in Europe, and Alpha JWC Ventures, a leading venture firm in Southeast Asia.

持续的数字化和人工智能的扩散将需要保险公司在未来十年进行结构性投资,以实现其核心系统的现代化。通过提供技术核心基础和创新用例,我们拥有独特的优势来抓住这一机会。”为了加速其增长之旅,Peak3完成了A系列融资,并在其cap表上迎来了两位新投资者:EQT,一家在欧洲有着深厚传统的主要全球技术投资者,以及Alpha JWC Ventures,一家东南亚领先的风险投资公司。

With the funding, Peak3 will advance its analytics and AI capabilities toward an intelligent core insurance solution, grow its EMEA operations and establish new system integrator partnerships. Peak3 targets double-digit ARR growth this year and is on the path to reach cashflow breakeven over the coming quarters.'Peak3 has also proven its capability to deliver greenfield digital insurance initiatives and complex multi-country core modernisation projects in APAC and EMEA.

有了这笔资金,Peak3将提高其分析和人工智能能力,以实现智能核心保险解决方案,扩大其EMEA业务,并建立新的系统集成商合作伙伴关系。Peak3今年的目标是实现两位数的ARR增长,并有望在未来几个季度实现现金流盈亏平衡。”Peak3还证明了其在亚太地区和欧洲、中东和非洲地区提供绿地数字保险计划和复杂的多国核心现代化项目的能力。

As the lead investor, EQT is committed to empowering Peak3 in its go-to-market acceleration by leveraging our global network,' stated Clara Ho, Partner at EQT.J.P. Morgan acted as exclusive financial advisor to Peak3 for this.

EQT合伙人克拉拉·何(ClaraHo)表示,作为主要投资者,EQT致力于通过利用我们的全球网络,使Peak3加速上市。J、 为此,摩根大通担任Peak3的独家财务顾问。