NZ insurtech gets brand new digs, with room to grow

NZ insurtech gets brand new digs, with room to grow

WELLINGTON, NEW ZEALAND (October 8, 2019) - Wellington founded insurtech company Montoux will celebrate the official opening event for their new Courtenay Place office this evening. The custom-fit-out space doubling as a symbol of the company’s high growth journey and success both in the Asia-Pacific market and further abroad.

Since Montoux’s humble founding seven years ago in Lyall Bay by three Dutch surfers, the company has grown exponentially. The company made its first big move to a central city location on Cuba Street in 2017, and outgrew that space much faster than anticipated. “It has been wonderful to see our team grow and flourish so rapidly,” says Co-CEO Klaas Stijnen. “We have some of the best and brightest talent from both New Zealand and around the world working with us.”

The open, light aesthetic of the new office reflects the company’s emphasis on collaboration, while the configuration provides a multitude of options for meetings and quiet working spaces, and a large kitchen and dining zone for socializing and events. The fit-out was designed in house with contributions pulled from team polls, and includes a designated ‘quiet room’ for relaxation.  “The new space reflects the inclusive, caring and collaborative culture at Montoux, which is integral to our business,” said Chief Operating Officer Toni Moyes.  

The new office is being celebrated with some of Montoux’s biggest supporters in friends, family, business partners, as well as investors invited to the opening.

Montoux recently announced raising $10.5m in the latest funding round from firms across the APAC region. As the leader in world-class actuarial, data science, and optimization software, Montoux is working with some of the biggest global brands in life insurance and helping them solve their business challenges. With additional offices in New York and Hong Kong, and expansion in Sydney, Tokyo, and London imminent, Montoux is taking this multi-billion dollar industry by storm.

What’s next for this quiet high-achiever? Fueled by the long-coveted new espresso machine, the Montoux team is working to accelerate growth into Hong Kong, Japan, the UK, and North America. This means increased sales and customer success operations, further scaling the development of its software, and expanding its substantial actuarial and data science capabilities.

Watch this space!

About Montoux

Montoux is the Actuarial Automation and Decision Science platform for life and health insurers. By combining actuarial and data science expertise with automation and machine learning techniques, Montoux provides life and health insurers with a game-changing, cloud-native platform to make data-driven decisions, reduce expenses and improve policyholder lives. Montoux’s customers include several of the world’s leading insurance providers across North America, Europe, Asia and Australasia and the company has been listed on both the Insurtech100 and AIFintech100 lists as one of the most innovative tech companies in the world.

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