CLOs on the Move

Adaptik Corporation was founded in 2000 by seasoned insurance professionals who understand that the best policy administration solutions require an innovative approach to software architecture as well as functionality. They recognized the need for a more nimble technology to meet policy administration challenges in a practical, rapid, cost-effective way. Adaptik is entirely funded through company operations, with more than 75 percent of ownership held by company employees. The founders gained significant insights into the needs of complex insurance operations while they developed software for some of the largest and most respected insurers in the field, including Chubb, Travelers and Samsung Fire & ...

Adaptik Corporation was founded in 2000 by seasoned insurance professionals who understand that the best policy administration solutions require an innovative approach to software architecture as well as functionality. They recognized the need for a more nimble technology to meet policy administration challenges in a practical, rapid, cost-effective way. Adaptik is entirely funded through company operations, with more than 75 percent of ownership held by company employees. The founders gained significant insights into the needs of complex insurance operations while they developed software for some of the largest and most respected insurers in the field, including Chubb, Travelers and Samsung Fire & Marine. In the decade-plus since, Adaptik has grown into a true industry leader. Numerous large P&C carriers rely on our user-friendly policy admin solutions – and our 58-person team – to meet even their most complex product, business process and integration requirements. With Adaptik, they’re more agile, faster to respond to changes in the marketplace – and more profitable.

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