Uncharted

Uncharted develops insurance technology for brokers and carriers to transition their legacy core and distribution capabilities to a suite of platforms that provide a more modern and efficient approach to the insurance industry. It enables (re)insurance carriers, brokers, and agencies to leverage digitally-enabled and data-driven underwriting, distribution, and operations to acquire customers across traditional and alternative channels and sell targeted and tailored products at scale while ensuring underwriting and operational profitability.

Uncharted has designed and built solutions for clients across Asia Pacific, North America, and Europe, developing a suite of proprietary core and distribution-related software. Its scalable core insurance platform enables new market launches in just weeks and provide low-cost product implementation through targeted, data-driven sales tools.

In February 2019 the company acquired Shift Insurtech, with plans for the two companies to merge operations in the near future.

That same month, Uncharted raised SG$8m (US$5.8m) in its Series A funding round, which will be put towards its ongoing expansion into APAC, Europe and North America. It will also continue to develop its core insurance platform, expanding its product, technology and data analytics.