Ri3K

Sector

Financial Services

Initial Investment Date

IPGL invested in May 2007

Investment Stage

Expansion Capital

Role

Non-executive Director

Description

RI3K (Reinsurance and Insurance for the 3rd Millennium) is the paperless trading service for the insurance and reinsurance industry. RI3K allows all types and classes of large commercial insurance and facultative and treaty reinsurance to be transacted over the Internet. Users simply log on and trade. RI3K has become central to the modern, paperless market, increasing efficiency, accelerating information, and driving out paper and cost.

Website

www.ri3k.com