DQPro, a London-based insurance technology firm, plans to establish U.S. operations in Hartford, the company announced Wednesday.
The company develops data monitoring and governance software used by property and casualty specialty insurers. It said a Hartford presence will support its expansion into the U.S. market.
Specifics of the company’s Connecticut footprint remain undetermined. A spokesman said the Hartford office location is still to be decided, though the Connecticut Insurance & Financial Services and MetroHartford Alliance have connected the firm with local commercial real estate brokers to discuss space needs.
The number of Hartford-based employees has not been finalized. The company is evaluating how many roles to maintain in London versus shifting positions to the United States, where operating costs may be lower, the spokesman said.
In preparation for potential hiring, Connecticut Insurance & Financial Services and the MetroHartford Alliance have also introduced the company to local recruiters to help it access the Greater Hartford talent pool.
No financial incentives have been discussed, according to the spokesman.
The project received assistance from The InsurTech Corridor, a partnership aimed at helping international insurance technology firms enter the U.S. market.
DQPro, founded in 2016, said its technology is designed to help insurers identify and resolve data issues across underwriting, claims, reinsurance and compliance functions. The company said it serves more than 2,000 users globally.
