ManageMy Raises $45 Million to Expand AI Insurance Platform Globally

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ManageMy, an intelligent orchestration platform designed to modernize insurance operations, has raised $45 million in funding, including $20 million from its recent Series B round. The round was co-led by Ventura Capital and OCVC, with additional backing from BNF and a group of strategic investors from the insurance and InsurTech sectors. This investment marks a significant step forward for ManageMy as it accelerates its mission to transform how insurers sell, service, underwrite, and manage policies using advanced AI-driven technology.

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Founded by Sean O’Connor, co-founder of fintech unicorn Zilch, along with CEO Stephen Collins and a team of insurance and technology experts, ManageMy was created to simplify the complex processes that define the insurance value chain. The platform provides insurers with a modular and scalable solution that brings customer engagement, automated underwriting, and claims management into a unified system. By integrating these functions into a single intelligent platform, ManageMy helps insurers improve operational efficiency, enhance customer experiences, and make faster, more accurate decisions.

The new funding will support ManageMy’s expansion into key global markets, including strengthening its presence in North America and building on its growing momentum in Asia Pacific and Europe. The company also plans to increase investment in artificial intelligence, focusing on agentic workflows, explainable decision-making, and automated underwriting capabilities. These innovations are designed to help insurers reduce manual processes, increase speed, and improve accuracy across the entire insurance lifecycle.

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CEO Stephen Collins emphasized that the funding validates ManageMy’s vision of creating a more intelligent and adaptable insurance operating model. He noted that insurers are under increasing pressure to deliver better customer experiences while reducing costs and improving efficiency. ManageMy’s platform addresses these challenges by providing AI-powered orchestration that connects customer interactions, underwriting, and claims processes into a seamless digital experience.

Investors see ManageMy as a key player in modernizing the insurance industry, which has historically been slower to adopt digital transformation compared to other financial sectors. Ventura Capital Managing Partner Mo El Husseiny highlighted that the platform’s ability to combine intelligence and automation creates significant value for insurers and brokers. By modernizing workflows and enabling smarter decision-making, ManageMy is helping insurers unlock new growth opportunities while improving service delivery.

ManageMy’s platform is already being used by more than 45 major insurance carriers and broker groups across North America, supporting digital journeys across life, health, and property and casualty insurance. Its composable and adaptive design allows insurers to create personalized customer journeys, automate key workflows, and improve operational performance. Over the past two years, the company has gained strong commercial traction, with insurers increasingly adopting its platform as a modern alternative to legacy systems.

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With strong investor backing and growing global adoption, ManageMy is positioning itself as a long-term infrastructure partner for the insurance industry. By combining AI, automation, and modular technology, the company is helping insurers modernize their operations, improve efficiency, and deliver better outcomes for both businesses and customers.

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