New York, NY – According to filings with the U.S. Securities and Exchange Commission, Planck Re is raising $23,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Elad Tsur played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Planck Re
Planck is the leading commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Plancks technology platform aggregates and mines massive datasets, using the latest advances in artificial intelligence to automatically generate and deliver key insights customized to the commercial underwriting process. The end result is a frictionless underwriting process with greater insurer visibility into risk factors, leading to improved new business conversion and retention rates and lower loss ratios. Plancks platform brings automation and intelligence to the underwriting process empowering commercial insurers to focus on underwriting that truly requires human expertise.

To learn more about Planck Re, visit http://www.planckre.com/

Contact:
Elad Tsur, Chief Executive Officer
212-203-5817
https://www.linkedin.com/in/tsurelad/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved