On October 22, 2024, Nice Technologies hosted a ribbon-cutting and launch event at the Northeast Indiana Innovation Center (NIIC) in Fort Wayne, IN. The event marked a significant milestone as the company unveiled Nice Engine, its innovative actuarial modeling software designed for the insurance and financial industries. Nice Technologies CEO Igor Nikitin, co-founders Tyler Furman and Jason Furman, and Head of Marketing Shea Frates offered brief remarks alongside NIIC CEO Mike Fritsch. Their insights underscored the importance of innovation and entrepreneurship in driving industry advancements.
Introducing Nice Engine
Nice Engine is the culmination of the combined expertise of Nice Technologies’ leadership team:
- Igor Nikitin, CEO, envisioned a user-centric, open, and cost-effective platform to revolutionize actuarial modeling. His goal was to empower users with a robust tool for accurate business cash flow predictions and risk assessments.
- Tyler Furman, co-founder, led the data platform development with a focus on user experience, simplicity, and practicality.
- Jose Sanchez, co-founder, oversaw the calculation engine, leveraging his extensive knowledge in software engineering and actuarial calculations.
- Jason Furman, CFO, provided invaluable expertise in financial management and fundraising.
- Shea Frates, Head of Marketing, contributed specialized marketing strategies drawn from her experience in the insurance industry.
Together, the team built Nice Engine with passion, precision, and meticulous attention to detail.
A New Home at the NIIC
A year and a half after its founding, Nice Technologies chose the Northeast Indiana Innovation Center as its permanent home. The NIIC’s mission to “transform people, companies, and communities through entrepreneurship” resonates deeply with the company’s own values. Establishing the office there in September 2024 positioned Nice Technologies within a vibrant community dedicated to innovation and growth.
Looking Ahead
With the launch event completed, Nice Technologies is excited to embark on the next chapter. The company is gearing up to attend its first major industry conference, where it will showcase Nice Engine and engage with leaders in the actuarial and financial sectors. The team is committed to transforming the landscape of actuarial modeling, making it more accessible and enjoyable for professionals across the industry. For more updates and insights, please follow Nice Technologies on LinkedIn.