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Financial·Seed

Simfuni

Award-winning platform that orchestrates life insurance operations, helping insurers modernise legacy systems, automate workflows, and improve customer experience across policy servicing, payments, and distribution.

Simfuni orchestrates smarter insurance operations, combining customer engagement and core system requirements with modern capabilities in a single cloud-based platform. The company unifies data and automates workflows to help insurers boost efficiency, strengthen compliance, enhance customer retention, and deliver a modernised experience.

Why we invested

The insurance industry moves $8.7T in premiums globally and reconciles most of it manually, on systems averaging over 20 years old. Simfuni is the end-to-end payments and policy administration platform the industry has been missing, purpose-built for life and general insurance with no credible equivalent in ANZ or the UK. The barriers to entry are real, which is exactly why early traction with Gallagher Bassett and SBS Insurance matters. Shaun Quincey and Damon O'Neill scaled Genoapay to $2.2B in payments before exiting, then spent years learning insurance from the inside, and brought in a CPO who built and sold three companies in the same industry.

Headquarters
Auckland, New Zealand
GD1 lead
John Kells
Simfuni
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