Patra, a pioneering force in technology-driven insurance outsourcing services, continues its global expansion by entering the Canadian market.
The move into Canada signifies a significant stride in the firm’s expansion strategy, aiming to deliver comprehensive and unparalleled insurance service offerings tailored specifically for the Canadian market.
Leading Patra’s Canadian expansion is Toronto-based enterprise sales manager Sharon Bajwa. Sharon brings decades of Canadian insurance experience to market, most recently with Trufla Technology, Apollo Insurance, and First Insurance Funding of Canada.
The announcement comes following a surge in demand across the insurance sector in the nation, and Patra aim to capitalise on this, by offering their own innovative solutions in the market.
Patra’s innovative product aims to alleviate administrative burdens and enhance the customer journey by infusing Artificial Intelligence into diverse policy and administrative support facets.
Developed by a workforce of over 6,000 global process executives, the PatraOne platform revolutionises insurance operations, ensuring profitable growth and enhanced organisational value for agencies, MGAs, wholesalers, and carriers.
Patra’s Chief Revenue Officer, Bob Murphy, spoke enthusiastically regarding the announcement, claiming that it was part of the firm’s progression.
He said, “Canada is a natural market expansion for Patra with an initial set of customers already established. It underpins our long-term expansion and presents a prime market that aligns with our continued growth strategy. We are dedicated to equipping Canadian insurance organisations with the necessary services and technology to make informed decisions and navigate the complexities of the insurance market with confidence.”
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