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ProService Finteco

IT solutions and business process outsourcing for insurance companies, investment funds, and financial institutions

Core Administration Established PE-Backed
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Overview

ProService Finteco is a financial technology and business process outsourcing provider serving insurance companies, investment funds, pension funds, and banks in Poland. Founded in 1994 and headquartered in Warsaw, the company delivers software platforms, transfer agent services, and operational support to over 200 institutional clients across the financial services sector.

The company offers SaaS and managed service solutions spanning policy administration, fund accounting, AML compliance, claims handling, and digital identity verification. Notable products include BrokerUFG, a SaaS platform that automates communication with the Polish Insurance Guarantee Fund to enable policy sales in under 60 seconds, and FlexiBlock, an Azure-based transaction system for insurers. The Makeitright division focuses on insurtech-specific digital transformation, including the BrokerUFG platform, which won first place for best InsurTech technological solution in Poland at the Fintech StartUp Arena competition in 2024.

Innova Capital acquired a majority stake in ProService Finteco in March 2025, having previously been backed by Oaktree Capital Management and Cornerstone Investment Management. The company administers 3,800 funds and subfunds, processes approximately 38.5 million transactions annually, and counts major European financial institutions among its clients, including PKO BP, ING, Santander, Aviva, and Allianz.

Products & Services

BrokerUFG

A SaaS platform that automates communication with the Polish Insurance Guarantee Fund (UFG), enabling insurance brokers to issue and manage policies in under 60 seconds.

Key Features

  • Automated UFG compliance reporting
  • Near-real-time policy issuance
  • Integration with broker management systems

Target Users: Insurance brokers operating in the Polish market

FlexiBlock

An Azure-based transaction processing system designed for insurance companies, providing a modern platform for policy and claims operations.

Key Features

  • Cloud-native architecture on Microsoft Azure
  • Transaction processing for insurance workflows
  • Integration with existing insurer core systems

Target Users: Insurance carriers in Poland

Transfer Agent Services

Comprehensive operational support for investment funds and insurance capital funds, including fund accounting, portfolio valuation, policyholder registry management, and regulatory compliance.

Key Features

  • Fund accounting and NAV calculation for FIO, FIZ, OFE, and DFE fund types
  • Policyholder registry management for unit-linked insurance products
  • Compliance oversight and regulatory reporting

Target Users: Investment management companies and insurance carriers with capital fund products

Eye.one Video Verification

Remote identity verification and client contact solution that integrates video KYC and digital onboarding into financial services applications.

Key Features

  • Video-based identity verification
  • Distance contract signing
  • Integration with insurance and banking platforms

Target Users: Insurance companies and banks

Makeitright Division

An insurtech-focused solutions unit delivering digital transformation products and services for the insurance sector, with a focus on process automation and modern platform design.

Key Features

  • Custom insurtech software development
  • BrokerUFG platform ownership
  • Participation in EU Digital Finance Platform

Target Users: Insurance companies, brokers, and financial institutions

At a Glance

Founded
1994
Headquarters
Warsaw, Poland
Employees
501-1000
Funding
PE-Backed

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Fund Administration Transfer Agent Services Business Process Outsourcing Compliance & AML
Insurance Verticals
Life & Annuity P&C Commercial Group Benefits
Target Customers
Carriers, Brokers, MGAs/MGUs

Customers

  • PKO BP
  • ING
  • Santander
  • Aviva
  • Allianz

Last updated: 2026-06-16