Indico Data Receives Strategic Investment From Aviva Ventures

Why It Matters

The investment underscores major insurers’ push to embed AI-driven automation in underwriting and claims, potentially speeding digital transformation across the P&C market and giving Indico a foothold with a leading global insurer.

Deal Summary

Indico Data, a Boston-based provider of an AI-powered automation platform for insurance operations, received a strategic investment from Aviva Ventures to expand adoption among global property and casualty carriers. The amount was not disclosed.