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 growth bolsters the corporate’s place as a pioneer in digital transformation options for the monetary providers business.

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 prospects, 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 growth is a milestone for us and underscores our dedication to assembly the evolving wants of our shoppers and the business” stated Ruben Veerasamy, Equisoft senior vp, Caribbean.

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

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 buyers Export Improvement Canada (EDC) and Fondaction.

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

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

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

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