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FINEOS Opens New Dublin HQ


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CategoryBusiness
DateWednesday, October 08, 2014
AuthorNEWSDESK@IRISHDEV.COM

FINEOS Opens New Dublin HQ

Insurance Software Company Opens Up Eastpoint HQ to Facilitate Growth to Support €9m Investment Programme

 

 

141008 Fineos Michael Kelly - Richard Bruton - Alison Murphy.jpgFINEOS, the Dublin based company that develops software for the international insurance sector, has opened its new global headquarters and R&D facilities at Eastpoint Business Park Dublin. The new facility is part of its €9 million R&D investment programme in Dublin.

 

 

Established in 1993, FINEOS is a global provider of core software solutions for the Life, Accident and Health Insurance industry and has customers, employees and established bases in North America, Europe, Africa and the Asia Pacific markets. 

 

 

The company says it has over 60 insurance carriers and government accident compensation agencies as customers with 6 of the top 20 Group Life & Health insurance carriers using its software today. The new investment in Dublin is to support the development of a transformative core insurance product suite which will be sold to new and existing customers to increase its international footprint and increase new export business.

 

 

Michael Kelly, CEO and founder of FINEOS, said: "FINEOS was established as a provider of core software solutions to help insurance and government accident compensation organisations care for their customers. We deliver innovative core insurance solutions to a global market and we have customers, employees and established bases in North America, Europe, Africa and Asia Pacific markets. It is an exciting time for FINEOS as we execute our strategy to become global market leader of group and individual insurance on a single FINEOS platform."

 

 

To coincide with the opening, the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the creation of 50 new jobs over eighteen months which are supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.

 

Minister Bruton said: "Software is a key sector we are targeting as part of our Action Plans for Jobs, and in particular we have sought to support the growth of a strong cluster of Irish companies in this area. In recent years we have seen a strong overall performance in this sector. FINEOS is a great example of an Irish company, with a world-class product offering, performing strongly in highly competitive global markets and employing large numbers of high skilled people in Dublin. Today's announcement is a great boost for Dublin."


 

Kelly added: "We are delighted to announce these new positions in Dublin, which will be made up of research and development as well as professional services consulting positions to help our customers around the world.

 

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