High-risk dive into SaaS lands insurance fintech on cloud nine

Leo Corcoran, chief executive, Claimvantage Pic: Claudia Murray

When Leo Corcoran established Dublin-headquartered fintech firm ClaimVantage 12 years ago, his plan was to develop insurance software for a market he knew well: North America.

“I had a gut feeling,” said Corcoran, who had spearheaded the US expansion of Dublin company Fineos. “I had been working in insurance for ten years and I realised there was an opportunity in insurance.”

ClaimVantage sells life, health and absence claim management software. The company’s US ...