DataCubes Rebrands as Convr

The new name is meant to evoke evolved vision and position at the convergence of innovative technology and traditional insurance.

(Image source: Convr homepage.)

DataCubes (Schaumburg, Ill.), an InsurTech that provides an AI-powered underwriting decisioning platform for U.S. commercial property/casualty insurers has rebranded as Convr. The new name stands for convergence, a concept that reflects the organization’s passion for combining the power of technology and decision science to enable superior underwriting decisions, according to a company statement.

Harish Neelamana, Harish Neelamana, Co-Founder and President, Convr.

Convr closed a $15.2 Million Series B funding round in November 2019 and is currently focused on scaling its solutions, investing further in research and development and expanding its team, the statement says. Convr says expansion of its team will enable the organization to continue to help carriers streamline their commercial underwriting processes while delivering world-class customer experiences.

“Building on the success of DataCubes, Convr will continue to provide its advanced technology and exceptional client service focus that customers have grown accustomed to since our launch in 2016,” comments Harish Neelamana, co-founder and president, Convr. “As we continue to grow and innovate, the name Convr best represents our vision of empowering commercial P&C insurers through decision science.”

“We are excited to announce our new name and rebrand as part of our continued evolution in helping advance the insurance industry,” comments Bruce Simpson, CEO, Convr.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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