Riverside to invest in ACTINEO.

Riverside, private equity firm has partnered with ACTINEO, a German InsurTech firm which specialises in bodily injury claims, providing tech-enabled and data-driven services to the insurance industry. Financial terms were not disclosed. The investment in ACTINEO highlights Riverside’s commitment to investing in software, tech-enabled and data-driven business models. Riverside has invested in more than 25 companies in this space on a global scale and, based on this expertise, ACTINEO will benefit as it continues on its strong growth path. “We are beyond excited to partner with founder Olav Skowronnek and his impressive management team. Through its market-leading position in Germany and its tech-enabled and data-driven business model, ACTINEO has the potential to become the central hub for bodily injury claims and develop into a key InsurTech platform for all major insurance providers.” Michael Weber Riverside Partner.