On-demand insurtech firm Insurance Cloud Services (ICS has launched a cloud-hosted digital insurer-as-a-service platform, called Slice Labs). 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.
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.