INSTANDA, the customer and policy management platform for insurance, is now available on the Microsoft Azure Marketplace.

Now, INSTANDA customers can take advantage of access from MS Azure with all the SaaS benefits of streamlined deployment.

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Tim Hardcastle, INSTANDA founder and CEO, said: “The timing of this announcement is significant as the world adapts to the unprecedented change as a result of COVID-19 – the rise of remote working being one of them.

“As a result, cloud-based platforms are coming to the fore as businesses seek to establish business continuity in their sector. For the insurance industry more specifically, the technology to enable this is readily available for insurers, MGAs and brokers around the world. INSTANDA and the Microsoft Azure Marketplace are prime examples of this, providing the industry with seamless tools that can be accessed easily and securely from anywhere in the world.”

Sajan Parihar, senior director, Microsoft Azure Platform at Microsoft Corp, added: “We’re pleased to welcome INSTANDA as the first insurtech business to join the Microsoft Azure Marketplace. Our platform provides our partners great exposure to cloud customers around the globe. Azure Marketplace offers world-class quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”

INSTANDA is a non-code business platform used by insurers, MGAs and brokers worldwide. In addition, it enables products to be configured within days. Also existing books of business can e migrated in a matter of weeks.

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Furthermore, all classes of insurance are covered on the platform with full underwriting capabilities. Existing clients have reported seeing a return on investment within weeks through reduced operating costs, increased revenues, and the ability to respond efficiently to customer and broker needs with more personalised experiences at scale.

In March 2020, INSTANDA raised $19.5m in its Series A funding round.

Led by Assembly Capital Partners, the investment aims to support the firm’s expansion into the US, Europe, Asia and Latin America.