On-demand insurtech firm Slice Labs has launched a cloud-hosted digital insurer-as-a-service platform, called Insurance Cloud Services (ICS). The platform is aimed at enabling carriers to offer digital products at a low cost, according to a company blog post. ICS, which will be available for free on the Apple App Store and Google Play Store, allows customers to create an insurance policy online or by phone. The launch follows the company's previous announcement that it would aim to build a platform for use by third parties after it raised almost $12m in funding in October 2017.
On-demand insurtech firm Slice Labs has launched a cloud-hosted digital insurer-as-a-service platform, called Insurance Cloud Services (ICS). The platform is aimed at enabling carriers to offer digital products at a low cost, according to a company blog post. ICS is already fully operational in the UK and the US. The launch follows the company's previous announcement that it would aim to build a platform for use by third parties after it raised almost $12m in funding in October 2017.