financetom
Technology
financetom
/
Technology
/
LIRG(TM) Selects MANiT Labs as Strategic Software Partner to Power Global Reinsurance Platform
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LIRG(TM) Selects MANiT Labs as Strategic Software Partner to Power Global Reinsurance Platform
Oct 21, 2025 2:16 AM

MIAMI, FL / ACCESS Newswire ( ACCS ) / October 21, 2025 / Algorithmic Insurance Services, Inc., dba LIRG™, today announced its selection of MANiT Labs to serve as the core technology platform for its reinsurance brokerage operations. This partnership reinforces LIRG's mission to become a global leader in reinsurance broking and consulting by combining domain expertise with advanced automation and visibility.

MANiT Labs provides an AI-powered platform built specifically for (re)insurance operations. Using a flexible low-code framework, it connects underwriting, claims, finance, analytics, and communications in one intuitive workspace. The result is a simpler, faster, and more transparent way to manage reinsurance portfolios.

With open APIs and enterprise-grade security, MANiT integrates easily with existing systems and helps reinsurers and MGAs scale globally without disruption.

"After rigorous evaluation of leading platforms, MANiT Labs emerged as the best fit for LIRG's vision and ambitions," said Mark Groenheide, Founder and CEO of LIRG. "Their deep roots in the (re)insurance industry, flexible architecture, and focus on operational impact make them the ideal technology partner as we expand globally. With MANiT Labs powering our infrastructure, we can scale faster, execute more precisely, and deliver a superior client experience."

LIRG's implementation of MANiT Labs will enable:

Operational cohesion: A single-source platform to manage underwriting, claims, portfolio administration, and reporting across global markets.

Agility and automation: Smart workflows and AI-supported processes reduce manual touchpoints, accelerate decision cycles, and minimize error.

Real-time insight: Live dashboards, KPI tracking, and analytics support timely strategic decisions and client transparency.

Seamless integrations: API-first design allows LIRG to integrate Manit Labs with existing tools, systems, and data sources with minimal disruption.

Scalable growth: Modular architecture and flexibility enable LIRG to expand into new lines, regions, and service models without rebuilding core systems.

"We are thrilled to partner with LIRG as they redefine what's possible in reinsurance," said Mikhail Grishin, Founder and CEO of MANiT Labs. "Our platform is built to simplify complex operations and bring real agility to modern (re)insurance teams. Together with LIRG, we're creating a strong foundation for scalable growth and long-term excellence."

About LIRG

Algorithmic Insurance Services, Inc. dba LIRG™ is a digital specialty (re)insurance brokerage and consulting firm focused on next-generation risk transfer solutions, including parametric structures and captive strategies. LIRG's brokerage division manages global reinsurance placements, treaty structuring, and retail broking for hard-to-place risks, while its consulting division provides MGA/MGU architecture, design, and launch support.

About MANiT Labs

MANiT Labs is an InsurTech company specializing in workflow automation and AI-driven process optimization for (re)insurers,MGAs and brokers. Its platform unifies underwriting, claims, finance, and analytics in a single, intuitive environment built on a flexible low-code architecture. With an API-first design and enterprise-grade security, MANiT Labs helps organizations streamline operations, reduce manual work, and scale efficiently across global markets.

CONTACT:

Mark Groenheide, CEO

(800) 676-1237

[email protected]

SOURCE: Algorithmic Insurance Services, Inc.

View the original press release on ACCESS Newswire ( ACCS )

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Copyright 2023-2026 - www.financetom.com All Rights Reserved