#USA #Boston #AI Automation #Indico Data #Aviva Ventures

Aviva Ventures Invests in Indico Data

In a significant move to enhance innovation within the insurance industry, Indico Data, a frontrunner in AI-driven automation for insurance operations, has received a strategic investment from Aviva Ventures, the venture capital arm of one of the UK’s largest insurers, Aviva plc. Announced on October 28, 2025, this partnership not only strengthens Indico’s foothold in the London Market but also emphasizes its increasing adoption among global property and casualty carriers.

With this investment, Arslan Hannani, Chief Innovation Officer at Aviva, will step onto Indico's Board of Directors as a Board Observer and Advisor. This collaboration is aimed at transforming how insurers manage operations from submission ingestion, claims handling, to policy servicing. As Tom Wilde, CEO of Indico Data, stated, "This partnership underscores the increasing demand for intelligent automation that transforms how insurers handle the critical 'front door' of their business."

The partnership comes at a time when there is a palpable need for advancements in the insurance sector, primarily to keep pace with rapidly evolving customer expectations and market conditions. Aviva's investment—in addition to their interest in supporting innovative technologies—adds a significant layer of validation to Indico's vision of an 'agentic insurance enterprise'. This vision prioritizes the transformation of unstructured data into significant competitive advantages for carriers.

Arslan Hannani expressed optimism regarding Indico's impact, noting, "Indico's technology is reshaping how insurers operate by bringing AI deeper into core workflows. We've seen firsthand the impact Indico is having in streamlining operations and unlocking new efficiencies, particularly in complex markets like London and beyond."

Indico Data has gained traction among leading global carriers, leveraging its Agentic AI platform to automate crucial processes in underwriting, claims management, and operations that traditionally depend on unstructured data. The strategic investment from Aviva follows a similar step taken by Guidewire earlier in 2025, hinting at Indico's growing influence in the market.

About Indico Data: Indico Data is pioneering the use of AI to automate complex insurance operations, providing valuable insights by turning unstructured data into actionable intelligence. Trusted by leading carriers across North America and the London Market, the company’s Agentic AI platform ensures improved efficiency in underwriting, claims handling, and policy operations, thereby enhancing accuracy, speed, and compliance.

About Aviva Ventures: Aviva Ventures stands at the forefront of driving transformation in the insurance realm, focusing on emerging technologies and innovative business models. As a corporate venture capital fund, it champions early and growth-stage companies that are poised to make significant advancements across insurance, financial services, and sustainability.

In conclusion, this strategic investment marks a pivotal moment in the insurance sector as it embraces technological innovation. With Aviva Ventures’ backing, Indico Data is well-positioned to revolutionize insurance operations, driving efficiency and reshaping the industry landscape for a more digital future.