Equisoft expands international footprint with workplace within the Caribbean

That is the tenth worldwide workplace for Equisoft and celebrates the agency’s thirtieth anniversary.

Moreover, this enlargement bolsters the corporate’s place as a pioneer in digital transformation options for the monetary companies trade.

As well as, Equisoft has been a expertise supplier to insurers within the Caribbean since 2012. Equisoft’s work with round twenty insurers within the area created the necessity for the workplace to get nearer to the market and its clients, in addition to to handle surging calls for within the Caribbean.

“As we have fun Equisoft’s thirtieth anniversary, the opening of our new workplace in Port of Spain, Trinidad, stands as a testomony to our dedication to innovation and consumer satisfaction. This enlargement is a milestone for us and underscores our dedication to assembly the evolving wants of our shoppers and the trade” stated Ruben Veerasamy, Equisoft senior vice chairman, Caribbean.

In March 2023, Equisoft raised C$125m ($91.77m) in fairness funding from new and present traders.

New backers Investissement Québec and the federal government of Québec made a C$70m ($51.39m) funding in Equisoft.

The remaining quantity got here from present traders Export Improvement Canada (EDC) and Fondaction.

Arrange in 1994, Equisoft plans to make use of the proceeds to assist worldwide enlargement each organically and through acquisitions.

The funding can even be used for analysis and growth to additional construct  Equisoft’s built-in life insurance coverage software program platform and wealth and funding administration options.

At present, Equisoft claims to serve greater than 250 monetary establishments throughout 17 nations.

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