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Mayberry has announced that it will be bringing another entity to market; a newly registered company that will be under the stewardship of ‘two industry giants namely; the Hon. William McConnell, O.J. and Mr.Evan Thwaites.’
The company will be seeking to raise approximately 400 to 500 million dollars, and hopes to list before the end of February. According to Marberry, IronRock Insurance has stated, that their differentiation strategy will be one of technology and innovation.
“The utilization of a technology platform which will not only serve to provide excellent, more efficient service to customers but also to contain operation costs. The team plans to leverage the benefits of innovative information technology and software solutions, by partnering with both local and overseas technology companies, to streamline the processes that are used in general insurance. The lower overhead and unit costs will enable the company to compete with larger, more established players in the industry”.
Stay tuned for more.
