29 May 2025 | Thursday | News
Picture Courtesy | Public Domain
Neo Insurance Solutions, a leading innovator in digital insurance infrastructure, announced that it has secured a strategic equity investment from ITOCHU Corporation, one of Japan's largest and most diversified trading and investment companies.
ITOCHU, known for its disciplined, long-term approach to building global businesses, brings a wealth of experience in financial services and a strong network across Asia and beyond. The investment, made through Neo Insurance Solutions' holding company, marks a significant milestone in Neo's mission to modernize and simplify the insurance ecosystem through cutting-edge technology and scalable infrastructure.
"We are proud to welcome ITOCHU as a strategic investor in Neo Insurance Solutions," said Jonathan Karlin, CEO of Neo Insurance Solutions. "ITOCHU's global reach, deep industry expertise, and long-term vision make them an ideal partner as we continue building the next generation of insurance infrastructure. Their investment is a powerful endorsement of our platform and our strategy, and it accelerates our ability to expand across key markets."
The partnership reflects both companies' shared belief in the transformative potential of technology in insurance and a commitment to delivering more agile, transparent, and customer-centric solutions to the global market.
Fintech Business Asia, a business of FinTech Business Review
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