Munich Re Automation Solutions to invest €16mn in R&D program

Dublin-based Munich Re Automation Solutions, a subsidiary of the global reinsurer, is set to invest roughly €16 million in a research & development program and transform it into a platform company

The investment in Horizons, also based in Dublin, is supported by the Irish Government through IDA Ireland and will enable the recruitment of a large team of people to help accelerate the development of new cloud products/services.