Charles Taylor swoops for insurtech start-up CoVi Analytics

Charles Taylor InsureTech has acquired a majority stake in technology start-up CoVi Analytics to expand into the insurance governance, risk and compliance management technology market.

CoVi's artificial intelligence (AI) based platform helps analyse, simplify and automate risk and compliance management for insurers and brokers.

“CoVi Analytics’ innovative solutions will help our clients meet these increasing compliance demands proactively and cost-effectively based on the latest technologies," said Jason Sahota, chief executive officer of Charles Taylor InsureTech.

Waleed Sarwar, CEO of Covi, commented: “We are very excited with this agreement with Charles Taylor InsureTech. With their presence and reputation in the insurance market we will be able to further enhance our products and accelerate their adoption in the market.”

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