InsurTech Combined Ratio officially launches

Combined Ratio, which helps property and casualty insurance companies improve their technology, has officially launched.

The company was created by industry experts Luke Magnan and Michael Jones, with a goal of creating overall value for insurance companies and managing general agencies (MGAs).

Combined Ratio, based in Connecticut, helps insurers by clearing IT backlogs and change requests, business customised software solutions, completing system enhancements and upgrades, and fostering innovation.

?There was a clear need in the market,said Michael Jones, CEO for Combined Ratio. ?Insurance companies need the ability to concentrate more on product design and customer service, and technology can either be an enabler or a distraction. Working from an industry hub, like Hartford, Combined Ratio fills the gaps in insurers IT development capabilities without compromising service.p>

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