Introducing the List of Leading InsurTech Companies: The InsurTech100, an annual compilation of the world’s 100 most innovative and disruptive InsurTech companies, is meticulously curated by a panel of industry experts and seasoned analysts. These trailblazing companies are pivotal knowledge for leaders within the insurance sector, serving as vital references as they contemplate and advance their digital transformation strategies in an ever-evolving landscape of InsurTech innovation.
Past Impact and Industry Recognition: Historically, the InsurTech100 lists have garnered extensive attention and acclaim among InsurTech enthusiasts and industry stalwarts alike. Companies earning a coveted spot on these lists have not only enjoyed substantial recognition within the insurance sphere and the broader insurance community but have also found themselves the subject of direct interest from financial institutions. They have been sought after by industry stakeholders as prospective partners and clients, solidifying their position as pioneering forces in the InsurTech realm.
2023 Update: Our list has been thoughtfully updated for 2023 to spotlight the emerging generation of solution providers who are reshaping the future landscape of the insurance industry. This comprehensive list serves as a valuable resource for senior management and insurance professionals, facilitating the evaluation of digital insurance models with significant market potential. It aids in identifying those most likely to thrive and leave a lasting imprint on the InsurTech industry, guiding industry leaders towards the next frontier of digital transformation.
| Company | Value Chain | Employees | Regions of Operations | Year founded | Website | span |
|---|---|---|---|---|---|---|
| AirDoctor | Marketing & Distribution, Operations & Servicing, Claims Management, Policy Renewal/Customer Retention,Proposition that supports the end to end value chain | 11-50 | Global | 2016 | air-dr.com | |
| Air Doctor connects travellers to a global medical network through an easy-to-use app so they can easily and instantly access medical assistance while abroad. Strategic partnerships with leading travel insurance companies offer travellers a more streamlined experience, by eliminating out-of-pocket expenses and lengthy claims processes. The solution benefits the entire travel health ecosystem – by improving the travel experience for travellers, reducing pressure on local emergency resources, providing an additional revenue stream for local medical practitioners, and reducing claims costs for insurers. | ||||||
| AKUR8 | Underwriting & Risk Rating, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 100+ | Europe, The Americas, APAC and Africa | 2018 | akur8.com | |
| Akur8 is the next generation insurance pricing software designed for insurers looking for automation and transparency. Akur8 leverages advanced analytics to empower actuaries and pricing teams to make better decisions, faster. Akur8 developed a proprietary AI-based platform that automates the pricing process of P&C and health insurers, while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds. With Akur8, insurance carriers’ pricing timeto-market is reduced by a factor of 10x while the predictive power of the models is 10% higher, generating substantial loss-ratio improvement potential and bringing game-changing speed-to-accuracy to carriers worldwide. Akur8 serves 30+ customers, including AXA, Generali and Munich Re, specialty insurers Canopius and Tokio Marine Kiln, InsurTechs Wakam and wefox, and mutualistic player Matmut. | ||||||
| Alicia Insurance | Marketing & Distribution, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | The Netherlands, Belgium, France, United Kingdom, Germany, Spain, Portugal | 2019 | alicia.insure | |
| Hi, we’re Alicia. We’re an Insurtech making insurance work for everyone. Nice to meet you. In insurance terms that means we’re a regulated & audited digital MGA and broker. We digitize the entire chain, from A-Z, from product development to uptake within a matter of minutes to claims handling. All from a user perspective Alicia makes user-friendly Insurtech solutions and embeds them at point of sale, to fix the unnecessary protection gap. The modern customer expects everything to be digital, on-demand and personalized. Alicia’s insurance solutions meet all of those expectations – a seamless and easy buying experience, no matter the product. Buying and selling insurance can be so much easier, with Alicia’s technology. Whether it’s high tech, low tech or no tech, we have a solution with a top-notch buyer journey for any kind of insurance. | ||||||
| Allphins | Underwriting & Risk Rating | 11-50 | Europe | 2018 | allphins.com | |
| Allphins is a technology and data analytics company that provides exposure management solutions for(re)insurers. Using Allphins, (re)insurance professionals can transform risk submission data into valuable exposure insights to better inform their decisions and interact with their brokers and reinsurance partners. Over 17 leading (re)insurance companies use Allphins on a daily basis to supercharge their exposure management capabilities, including Chaucer, ArchRe, ValidusRe, Canopius, Lancashire or TransRe. Allphins adaptative product line covers all major speciality lines including Energy and Renewables, Political Violence, Casualty, Cyber and Financial Lines. Our customers share the vision and the need for innovation, risk control and efficiency. Headquartered in Paris, and founded in 2018, the Allphins team expertise lies at the crossroad of exposure management, (re)insurance, data science, software engineering, and product development. | ||||||
| Anoud Technologies LLC | Marketing & Distribution, Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 251-500 | Headquarters - Doha, Qatar Centre of Excellence - Chennai, India Client - Global | 2020 | anoutechnologies.com | |
| Founded in March 2020 by QIC, a leading MENA based global insurance group, in close collaboration with Swiss Re -- a leader in the global insurance and reinsurance industry -- Anoud Technologies LLC (Anoud Tech) is a leading Qatar-based InsurTech company with the mission to digital transform the insurance industry by deploying its world-class, integrated insurance suite, Anoud+. Anoud Tech has a close partnership with Swiss Re, which includes the following key elements: 1. Jointly marketing Anoud+ to help carriers improve operational resilience and hasten the transition to a digital business model. 2. Integrated Swiss Re’s industry leading analytics solutions, Portfolio Insights® and CatNet®, into Anoud+ to help insurers transition to analytics based underwriting strategies. 3. Providing advisory services to insurers to adopt best operational practices as part of the change management engagement related to the implementation of Anoud+. | ||||||
| Appian | Underwriting & Risk Rating, Operations & Servicing, Claims, Proposition that supports the end to end value chain | 1,001-5,000 | 63 Availability Zones in 20 regions, North America (Offices in United States, Canada & Mexico), United Kingdom, Netherlands, France, Germany, Italy, Portugal, Saudi Arabia, Spain, Switzerland, Australia, Singapore, Japan, India. | 1999 | appian.com | |
| Before Appian was a company, it was an idea. Not about a product or a market, but about the culture needed to sustain innovation and value. Appian was founded on the belief that talented and passionate people, given the power and autonomy to excel, will deliver amazing results. Today, we help clients build apps and workflows rapidly, with a low-code automation platform. We combine people, technologies, and data in a single workflow to maximize resources and dramatically improve business results. Appian is the only recognized global leader across multiple enterprise technology markets, including low-code application development, digital process automation (DPA), intelligent business process management systems (iBPMS), and dynamic case management (DCM). | ||||||
| Armilla Assurance | Underwriting & Risk Rating, Proposition that supports the end to end value chain | 1-10 | Canada, United States, United Kingdom, Europe | 2023 | armilla.insure | |
| Armilla was founded in 2023 by serial entrepreneurs, Karthik Ramakrishnan and Dan Adamson. The company was part of the 10th Cohort of Lloyd's Labs incubator. Armilla was founded to help organizations mitigate the new risks faced by Artificial intelligence solutions. To do that it has created one of the first comprehensive insurance products for AI models. Enterprise AI deployments have grown 500% in the last 5 years, with 76% of enterprises intending to increase their AI investments just as Generative AI accelerates adoption at an unprecedented pace. According to a16z, “Generative AI is seeing the fastest uptake by developers we’ve ever seen… Stable Diffusion easily tops the trending charts of GitHub repositories by a wide margin. Its growth is far ahead of any recent technology in infrastructure or crypto.” AI is expected to add $15 trillion to the global economy by 2030. | ||||||
| Ascent Digital Services UK Ltd | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 251-500 | United Kingdom, Germany, Malta, Bulgaria, Portugal | 2019 | ascent.io | |
| Ascent is a leading European digital services business, helping insurance organisations worldwide connect software, data and cloud to do something new, or do something better. Our mission is to help customers modernise and innovate, delivering change and scale with less friction and more certainty. Our teams of experts span software and data engineering, AI, data science and user experience design, collaborating with insurers and reinsurers to transform operational efficiency, competitive advantage, decision-making and user engagement. Formed from a merger of multiple European businesses, the earliest of which dates back to 2005, and headquartered in the UK, Ascent employs over 450 technology specialists across Europe and in 14 countries worldwide. We work with over 150 businesses in the UK, Europe and North America, including three of the leading global reinsurers. | ||||||
| Assurdeal | Marketing & Distribution, Underwriting & Risk Rating, Proposition that supports the end to end value chain | 11-50 | France, Belgium, Morocco, Thailand, Congo, Mauritius | 2015 | assurdeal.net | |
| Assurdeal is a profitable Insurtech that has built the "Amazon of insurance". Assurdeal has created a unique proprietary Artificial Intelligence and is assessing brokers, customers portfolios, finding ideal buyers and sellers in real-time. It has created a unique toolkit for brokers (CRM & analytics) and due diligence processes that revolutionize the intelligence knowledge of brokers. Assurdeal has a simple and ambitious vision : Identifying, managing and reselling brokers portfolios fast and easily at an international level. Assurdeal is the solution to support the boom in MIAs (mandated insurance intermediaries). | ||||||
| Avata | Marketing & Distribution, Operations & Servicing | 11-50 | Netherlands Based, International coverage | 2019 | avata.gg | |
| Avata is an technical gateway that brings customized insurance solutions to digital asset owners in a fast, secure, and cost-effective way. Avata fills a critical gap in the InsurTech value chain by connecting various insurance companies to digital citizens and vice versa via its platform. The company offers a global plug-and-play solution that’s designed to enable risk coverage for digital assets like NFTs and gaming-specific digital assets, such as skins, etc. By providing an extra layer of security and Peace of Mind, we both protect individuals who want to engage with their favorite brands digitally, and increase sales conversion for the protected platform, as security drives a sales increase of 32.5%. In short, with Avata’s smart technical platform, we are bridging the gap between the evolving needs of digital citizens that wish to protect their digital assets, and fit-for-purpose insurance solutions. | ||||||
| Bdeo | Underwriting & Risk Rating, Claims | 51-100 | Europe, Latam, Africa | 2017 | bdeo.io | |
| Bdeo develops Visual Intelligence, a specific type of Artificial Intelligence. It helps gather visual evidence of the vehicle or home damage through the smartphone, then analyses it and estimates policy rates or repair costs in seconds. This way, it automates motor and home insurance companies' underwriting and claims management processes, reducing underwriting and claims handling times from weeks to minutes. | ||||||
| Bindable | Marketing & Distribution | 51-100 | United States | 2018 | bindable.com | |
| Headquartered in Boston, Massachusetts, Bindable is the InsurTech leader for alternative distribution solutions, enabling organizations across all industries to drive revenue and build brand loyalty through digital insurance offerings. Our proprietary platform brings together an insurance marketplace, our Policy Crusher® agent software, and a full suite of support services to offer flexible, market-ready solutions for insurers, agencies, brokerages, and trusted brands. We know that when it comes to insurance, results matter more than promises, and so client satisfaction means everything to us. We’re committed to helping our partners creatively solve complex business problems through decisions that are in the best interests of them and their customers. Our culture revolves around our drive to provide industry leading insurance distribution solutions to organizations around the country. | ||||||
| BirdsEyeView | Underwriting & Risk Rating | 1-10 | BirdsEyeView is headquartered in the London. We have clients in the United Kingdom, Europe and the United States. | 2021 | birdseyeviewtechnologies.com | |
| BirdsEyeView is a European Space Agency funded InsurTech venture based in London. The Company licences B2B SaaS software to insurers, brokers and MGA's. Since RAPTOR™'s launch in December 2022, BirdsEyeView has secured licences with headline Lloyds, London and US Insurers including Everest Re, Arch Insurance, Convex, Arch, Cincinnati Financial, Liberty Specialty and Howden. What differentiates BirdsEyeView is that we aren't just 'techies' and have a deep understanding of the insurance market. The founders are comprised of an ex-reinsurance broker and a former scientist from the CERN labaratory in Geneva working on the Higgs Boson. | ||||||
| bolttech | Marketing & Distribution, Proposition that supports the end to end value chain | 1,001-5,000 | Asia, Europe, North America | 2020 | bolttech.io | |
| Launched in 2020, bolttech is a fast-growing international insurtech with a mission to build the world’s leading, technology-enabled ecosystem for insurance. Our platform connects between insurers, distribution partners and customers to make buying and selling insurance easier and more efficient. Leveraging our proprietary technology, we work with over 230 insurers and 700 distribution partners across 30+ markets in Asia, Europe and the United States, making us the most internationally scaled insurtech in the world. To complement our tech capabilities, bolttech provides deep insurance expertise with licenses to operate in all 50 U.S. states and 35 international jurisdictions. bolttech raised US$196 million in connection with its Series B in May 2023, with an up-round valuation of US$1.6 billion—defying the current capital markets backdrop. The Series B fundraise is the largest straight equity Series B for an insurtech in the last year, and follows the company achieving the largest ever Series A round for an insurtech in 2021. | ||||||
| CLARA Analytics | Claims | 11-50 | United States, Australia | 2017 | claraanalytics.com | |
| CLARA Analytics is the leading AI as a service (AIaaS) provider that improves casualty claims outcomes for insurance carriers and self-insured organizations. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives claim professionals “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2017, CLARA Analytics is headquartered in California’s Silicon Valley. For more information, visit www.claraanalytics.com, and follow the company on LinkedIn and Twitter. | ||||||
| Clearspeed Inc. | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention | 51-100 | United Kingdom, United States, APAC (India, Australia), LatAm (Mexico, Guatemela), EMEA (various) | 2016 | clearspeed.com | |
| Founded in 2016, Clearspeed’s voice analytics technology is designed to assess risk quickly, accurately, and at scale. The company’s solutions are used by leading global corporations and government organizations in various sectors such as insurance, security, sports integrity, and social impact. Clearspeed helps its clients expedite low-risk transactions or individuals through their processes, while flagging high-risk cases that require further review or investigation, with an accuracy rate >97% as validated in a formal US Department of Defense study. Clearspeed’s technology was validated in 2018, through a multi-phase process with the US military in Afghanistan. In the blind, Clearspeed identified 100% of the bad actors identified via conventional means, and alerted to previously missed risk with high accuracy and no false negatives. | ||||||
| Companjon | Proposition that supports the end to end value chain | 51-100 | EU, EEA | 2020 | companjon.com | |
| Companjon is a new and exciting pan-European insurtech venture headquartered in Dublin, Ireland. We are a fully licensed, regulated business leading innovation in the insurance space with established funding and a start-up mindset. Our world-class team leverages the latest technology to design, build, and underwrite parametric embedded insurance products for businesses across travel, entertainment, telecommunications, banking, and mobility that bring their customers an unmatched experience in convenience and confidence. We apply agile and customer-oriented principles to deliver a fully digital journey that is affordable, flexible, simple, and reliable. Companjon is led by a management team heavily experienced in the insurance and digital transformation sectors, who endeavor to bring this proven-in-Asia business model to Europe and change the way people view and experience insurance. Our motto: Right there when life happens! | ||||||
| Cortical.io | Underwriting & Risk Rating, Operations & Servicing, Policy Renewal/Customer Retention | 11-50 | North America, Europe | 2011 | cortical.io | |
| Cortical.io’s mission is to deliver AI-based solutions that streamline the extraction, classification, review and analysis of information hidden in unstructured text while providing short time to value. We accomplish this through our novel, meaning-based approach to natural language understanding that solves many critical challenges of text processing in a business context. With more than 10 years expertise in implementing intelligent document processing solutions in the enterprise, Cortical.io has demonstrated its ability to solve the challenges of language ambiguity and variability across many use cases and verticals and is trusted by major companies across the globe. Our business philosophy puts flexibility at the core of our interactions with customers and enables the implementation of custom solutions that meet specific company requirements. Cortical.io has offices in the U.S. (New York and San Francisco) and Europe (Vienna). | ||||||
| Cover Genius | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 501-1,000 | We operate in the United States, Australia, Europe, India, South America, Asia-Pacific and are licensed or authorized in over 60 countries and all 50 United States | 2014 | covergenius.com | |
| Cover Genius is the insurtech for embedded protection. Through XCover, our global distribution platform for any insurance or other type of protection, we protect the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline and Booking.com, Intuit, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair, and SE Asia’s largest company, Shopee. Together with our partners, we co-create solutions to embed tailored, optimized protection that’s licensed or authorized in over 60 countries and all 50 US States. In addition, we provide customers with a seamless, end-to-end experience via XCover.com. XCover.com handles customers’ needs – from the initial sale through to administration and claims, resulting in an industry-leading post claims NPS of +65. Its award-winning service design has shown to reduce support tickets by 7x.‡ | ||||||
| CoverGo Limited | Marketing & Distribution, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 101-250 | Singapore, Dubai, Hong Kong, New York | 2017 | covergo.com | |
| CoverGo is the leading global no-code insurance core platform for health, enabling insurance companies to transform digitally in the most flexible, scalable, and cost-effective way. Growing number of insurance companies, and emerging insurtechs across the globe adopt CoverGo to build and launch all types of insurance products within days, develop omni-channel distribution, and digitize policy admin and claims. CoverGo’s clients include AXA, Bupa, MSIG (MS&AD), Dai-ichi Life, DBS Bank, and many others. | ||||||
| Cytora | Proposition that supports the end to end value chain | 51-100 | United Kingdom, United States, Ireland, Spain, Germany, APAC | 2014 | cytora.com | |
| Built for commercial and speciality insurance, Cytora is AI-powered configurable platform that enables commercial insurers to process risks at greater efficiency and accuracy. Cytora digitizes every incoming risk, augments them with additional data sources, evaluates them against multiple rules, including appetite and priority rules, and routes them to downstream systems for automated or manual underwriting. Cytora supports a wide range of commercial insurers from international leaders to medium specialty insurers in local markets. Through global deployments, Cytora breaks the link between expense ratio and revenue growth. Insurers see measurable benefits in GWP growth (up to 40%), 3pp loss ratio improvement (improve margins through superior control over risk selection and decision making) and a 5-star broker service (faster turnaround, lifting conversion and new business enquiry volume). With Cytora, insurers can increase premiums and at the same time improve their underwriting margins. It helps them to deliver efficient, accurate underwriting. With faster turnaround times, insurers are able to provide a 5-star service to the brokers, facilitating relationships and business growth. | ||||||
| dacadoo | Underwriting & Risk Rating, Operations & Servicing, Policy Renewal/Customer RetentionSubsectors: Life/Health Insurance, Consumer Platforms, Underwriting | 101-250 | Global staff in United States, APAC, LATAM and EMEA.HQ in Zurich, Switzerland. | 2010 | dacadoo.com | |
| dacadoo, named a 2021 “Cool Vendor in Insurance” by Gartner, licenses its Digital Health Engagement Platform, including its Health Score and Risk Engine to Life & Health insurance operators (B2B), supplying Insurtech and health-tech solutions to over 35 of the top 100 Life & Health insurance operators globally. Available in over 18 languages, dacadoo’s technology is provided as a fully branded, white label solution or it can be integrated into customers’ products through its API. Through its ‘Connect, Score, Engage’ offering, dacadoo supports Life & Health operators to motivate their clients to lead healthier lifestyles through its SaaS-based Digital Health Engagement Platform. dacadoo also provides its Risk Engine, which calculates relative risk on mortality and morbidity in real-time. dacadoo has over 120 employees across locations in Europe, North America and Asia-Pacific and over 100 filed patents around their digital Life & Health solutions. dacadoo is entirely committed to privacy and security, hence why it designs and operates its solutions in line with industry standards, laws and regulations such as the Swiss Federal Act on Data Protection, GDPR, and HIPAA. Its Information Security and Privacy Management System is certified according to world-renowned ISO 27001 and ISO 27701 standards. | ||||||
| DigitalOwl | Underwriting & Risk Rating, Claims | 51-100 | United States, Israel | 2018 | digitalowl.com | |
| DigitalOwl is a trailblazing Insurtech company that is revolutionizing the insurance industry through the power of artificial intelligence (AI). Our cutting-edge AI-powered platform is designed to streamline and enhance the process of reviewing and analyzing medical data, providing insurance professionals with faster, more efficient, and more precise insights. At DigitalOwl, we are driven by a passionate commitment to innovation and efficiency. Our mission is clear: to harness the potential of AI technology and transform the way medical data is understood and utilized in the insurance sector. Through our state-of-the-art technology and user-friendly interface, we transform complex medical data into easily digestible and actionable summaries and reports instantly. Our team is comprised of visionaries, pioneers, and problem-solvers who are dedicated to advancing our technology continuously. We unite data scientists, engineers, and industry experts who work tirelessly to keep our platform at the forefront of the Insurtech industry. Our people are our greatest asset, and we are bound by a shared commitment to revolutionizing the world of medical data review. | ||||||
| distriBind | Operations & Servicing | 11-50 | United Kingdom, United States, Europe | 2018 | distribind.io | |
| distriBind offers real-time APIs, allowing instant pass-through of data from distribution to capacity. distriBind digitises any data using OCR and smart ingestion algorithms on PDFs & spreadsheets. distriBind offers comprehensive validation with powerful and detailed analytics including portfolio-level capacity usage prediction. Also, our platform provides automatic reconciliation of the full written /premium / cash cycle. | ||||||
| DynaRisk | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | We have hubs in London, United Kingdom and Krakow, Poland. However, we work with partners across 30 different countries, covering Europe, Middle East, Africa, Asia, Americas and Oceania. We have United Statesers from all over the globe. | 2016 | dynarisk.com | |
| DynaRisk is an intelligence-led cybersecurity software business that provides solutions for consumers and businesses. Our software and intelligence help to reduce or monitor cyber risks for clients, policyholders, prospects, and existing portfolios. Our mission at DynaRisk is to provide families, small and large businesses worldwide with the tools they need to face the increasing number of cyber threats. We offer a variety of easy-to-use cyber software solutions backed by our market-leading threat intelligence capabilities for personal and business cyber risk management. Our belief is that everyone should have access to tools that can help safeguard their digital assets from the constantly changing risks of the digital world. Our data and insights help predict and protect against cyber attacks on hundreds of thousands of consumers and thousands of businesses every day. Our insurance, loyalty & benefits and managed service provider clients partner with us to integrate our solutions into their offerings for their customers. | ||||||
| EasySend | Proposition that supports the end to end value chain | 101-250 | Global | 2016 | easysend.io | |
| EasySend is a no-code platform that empowers organizations to transform complex forms into easy digital experiences. Easysend transforms any customer data and signature intake process into an interactive, digital experience, empowering organizations to streamline their customer interactions, improve customer experience, and ensure data accuracy. EasySend ensures that data is digitally available across channels by collecting consumer data and signatures in a way that seamlessly integrates into internal systems and processes. By transforming your front-end data collection into a comfortable experience for the end-users, EasySend is empowering organizations to automate workflows and streamline customer interactions. We make customer data intake easy and interactive, so you can focus on what's important - your business. | ||||||
| Ecopia AI | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention | 51-100 | Ecopia is headquartered in Toronto, Ontario, Canada but directly serves customers all over the world. A majority of our customers are located in the United States, Canada, the European Union, parts of Africa, and Australia. Ecopia has hundreds of customer engagements around the world given our powerful and growing database of map content across 100 countries. | 2013 | ecopiatech.com | |
| Ecopia is leveraging artificial intelligence (AI) to convert millions of high-resolution geospatial images into actionable data, forming the foundation of a global digital twin. This foundational data empowers organizations to scale their decision-making workflows and solve complex challenges related to climate risk, land use change, and other dynamic elements of our rapidly changing world. We’ve used this AI-based mapping methodology to create and maintain the first and only complete map of buildings in the US, appended with building-based geocodes and unique identifiers for streamlined data management and high-precision analysis. We leverage the most up-to-date geospatial imagery available to create a unique source of ground truth, ensuring that our data provides the most accurate representation of reality for insurance carriers. | ||||||
| Evari | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | United States, United Kingdom, Australia | 2017 | evari.tech | |
| Evari is a UK and Australian based tech scale-up, which has developed the Evari CloudStream platform - a platform built on a real-time data layer to develop insurance applications and processes. The unique platform architecture supports incredible functionality, and differentiates Evari in a crowded market. Evari serves insurers, MGAs and brokers across APAC, Europe and North America. | ||||||
| Expert.ai | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention | 251-500 | Italy, United Kingdom, Ireland, Spain, France, North America (United States, Canada) | 1989 | expert.ai | |
| At expert.ai, we are dedicated to helping organizations turn language into data to make better decisions. We believe that in today’s data-oriented world, the ability to understand language in context and extract knowledge from unstructured data is critical to establishing a competitive advantage. And as a team of experts in natural language technologies, we know that only artificial intelligence can provide organizations with such an ability. Rule-based symbolic comprehension, machine learning, large language models like GPT… it’s all Hybrid AI. We provide an open platform that leverages the best of all AI-enabled NL approaches so organizations can get the most out of their data, augmenting and scaling any business processes or activities that rely on language. | ||||||
| Federato | Underwriting & Risk Rating | 11-50 | North America | 2020 | federato.ai | |
| Federato is on a mission to transform the $1T+ Property & Casualty and Specialty insurance industry. The company was founded in March 2020 by Will Ross and William Steenbergen based on deep research focused on the reinforcement learning foundation of proximal policy optimization, one of the key foundations systems like ChatGPT use to improve through human computer interaction overtime. The pair were machine learning researchers at Stanford working on Climate and Atmospheric Modeling and Reinforcement Learning respectively. William Steenbergen specifically worked in Stanford’s Human Computer Interaction Lab on Reinforcement learning. Will and William had begun to collaborate on various wildfire modeling and hurricane modeling initiatives for the insurance industry and were shocked to understand just how big a difference there was between what the data told insurers to do and what insurers were actually doing. | ||||||
| FintechOS | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 251-500 | United Kingdom and Ireland, France, United States, Canada, Australia, Singapore, Central Europe including Romania | 2017 | fintechos.com | |
| Established in 2017 and with offices in London, New York and Bucharest, FintechOS is the leader in fintech enablement, with a mission to make fintech innovation available to every company. The FintechOS platform simplifies and accelerates the launching, servicing, and expansion of financial products and services, helping businesses recognize value up to 10 times sooner than with other approaches: with FintechOS, companies can get up and running with new financial solutions in as little as 12 weeks. FintechOS breaks data free from the core, enabling the creation of personalized and differentiated products and customer journeys at scale. FintechOS connects with any ecosystem tech or service – financial and non-financial – and can plug anywhere in the tech stack, working with existing and legacy tech that companies want to keep. With the FintechOS platform, insurance firms, banks and financial institutions can accelerate product innovation while de-risking core modernization. | ||||||
| Fixico | Operations & Servicing | 51-100 | Netherlands, Belgium, Germany, France, Italy, Denmark, Austria, United Kingdom, Switzerland, Luxembourg, South Africa | 2014 | fixico.com | |
| Fixico is the digital car repair management platform on a mission to shape the future of car repair by creating a smarter, better and digitally connected marketplace for everyone. Fixico enables fleet operators, insurers and OEMs to fully optimise and control the repair process and customer journeys. Over 3,000 repairers and 250 businesses, including insurance leaders such as Aon, AXA, Van Ameyde and TVM, are leveraging Fixico across ten countries. | ||||||
| FloodFlash | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention | 11-50 | United Kingdom, United States, worldwide | 2017 | floodflash.co | |
| FloodFlash is a multi-award-winning insurance technology company at the forefront of the parametric insurance movement. Co-founders Adam Rimmer and Dr Ian Bartholomew first saw the potential of parametric insurance while working at RMS, the world’s largest catastrophe modelling firm. Whilst there, they structured and modelled triggers on over $2bn of parametric insurance products and catastrophe bonds to protect governments and large corporations in the US and around the world. Adam and Ian knew this form of insurance had a wider appeal than just those with the biggest budgets. They started FloodFlash with the ambition to make event-based cover available to everyone and to ensure that everybody is able to recover from catastrophe. Launched in 2019, FloodFlash uses the latest in data modelling and IoT technology to provide flood coverage to corporates, businesses, and landlords that the insurance industry has left behind. | ||||||
| FRISS | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention | 101-250 | United States, Canada, United Kingdom, Germany, The Netherlands, Australia, France, Mexico, Austria, Switzerland, Ireland, Argentina, Brazil, Spain, Albania, Belgium, Bosnia, Bulgaria, Colombia, Croatia, Curacao, Czech Republic, Ecuador, Greece, Turkey, Cyprus, Malta, Guatemala, Hungary, Kosovo, Lithuania, Macedonia, Montenegro, Norway, Peru, Poland, Portugal, Saudi Arabia, Serbia, Slovakia, Sweden, United Ukraine, New Zealand, Paraguay, Uruguay. | 2006 | friss.com | |
| FRISS is the leading provider of Trust Automation solutions for P&C insurers. Real-time, data-driven scores, and insights give instant confidence and understanding of the inherent risks of all customers and interactions. Based on next generation technology, the Trust Automation Platform allows you to confidently manage trust throughout the insurance value chain – from the first quote all the way through claims and investigations when needed. Thanks to FRISS, trust is normalized throughout the organization, enabling consistent processes to flag high risks in real time. | ||||||
| GIROUX.ai | Underwriting & Risk Rating | 11-50 | Europe, LATAM, Canada/United States, Australia | 2007 | giroux.co.uk | |
| Giroux.Ai is the platform to bring both underwriting and actuarial teams to work together to drive with greater accuracy the Ultimate Loss Ratio for most insurance businesses that sell non-live products. With over $1bn of premium on its platform and growing at 24% CAGR, customers using the Giroux.Ai platform gain an unparalleled competitive advantage over their peer groups alongside saving time, money and securing with more ease multi-year capacity deals. | ||||||
| Glia | Operations & Servicing | 251-500 | United States, Canada, Estonia, Mexico | 2012 | glia.com | |
| Glia is the provider of the first ChannelLess™ platform for businesses to manage every type of customer interaction - from digital to phone, and from automated to human. We connect businesses with their customers through seamless interactions across all channels, creating a dynamic experience for the customer, agent, and organization. Glia’s Interaction Platform combines Digital Customer Service, Call Center and Automation to future-proof a company’s Interaction Strategy. | ||||||
| Greater Than | Underwriting & Risk Rating, Policy Renewal/Customer Retention | 11-50 | We operate globally. | 2004 | greaterthan.eu | |
| Greater Than is a driving data analytics company that specializes in understanding driver impact on the roads. Through the power of artificial intelligence (AI), Greater Than converts GPS data into driver scores that predict crash probability and climate impact. The scores can be further enhanced with additional intelligence including an analytics dashboard, prevention tool, and summary reports. Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than’s analysis to optimize driver risk management, achieve insurance profitability, manage sustainability & ESG reporting, and monetize GPS data. Greater Than (GREAT.ST) is listed on Nasdaq First North Growth Market. As the universal benchmark for smart driving, we’re extremely proud that our AI is used to measure crash probability and climate impact in the global FIA Smart Driving Challenge. | ||||||
| Hexure | Marketing & Distribution, Operations & Servicing, Proposition that supports the end to end value chain | 251-500 | United States, India | 1995 | hexure.com | |
| Hexure, formerly Insurance Technologies, started in 1995 with a simple goal: transform the insurance and financial services industry through powerful end-to-end sales solutions. For over 25 years, leading insurance carriers and distribution firms, including broker-dealers, IMOs, BGAs, and financial institutions, have depended on our commitment to innovation, speed-to-market delivery and continuous investment in product research, development and modernization. Hexure provides digital sales solutions to the insurance and financial services industry across various lines of insurance, retirement and wealth management business. Carriers and distributors use our solutions to build customer-centric sales experiences, accelerate submissions, reduce paper processes, meet regulatory requirements, drive sales and operational efficiencies and improve in-good-order sales. Our platform provides the connectivity rails, linking distributors and carriers and connecting data, processes, and experiences across the entire sales lifecycle from pre-sale, quoting, illustration, e-application, e-delivery and post-issue servicing for insurance, retirement, and wealth management products. | ||||||
| Hi Health | Claims, Proposition that supports the end to end value chain | 11-50 | Germany; other markets to be launched soon (Europe & Middle East) | 2018 | hi.health | |
| Our solution for insurers and MGAs combines modern claims management with smart payment cards and direct payment solutions into one single intuitive platform. Get access to real-time data, reduce fraud and steer members towards cost-cautious behaviour. | ||||||
| House of Insurtech | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 1-10 | United Kingdom, EU | 2018 | houseofinsurtech.com | |
| House of Insurtech was founded in 2018 and is based in the heart of the city of London. Our mission is simple: we want to make insurance easier. We believe that technology can revolutionise the insurance industry and improve the customer experience. Our core product is Insurforce an ‘underwriting as a service’ platform. Insurforce brings the best of digital technology to the online “Quote and Buy” and digital pricing needs of Insurers, MGAs and Brokers. At House of Insurtech, we work with you, not for you. We leverage our expertise in the insurance and technology sectors to provide business solutions that will delight both you and your customers. Our digital platforms deliver the right products at the right time, for the right period, with all the added benefits of a seamless and user-friendly experience. | ||||||
| Humn.ai | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention | 51-100 | United Kingdom | 2019 | humn.ai | |
| Humn's founders believed that the information available from vehicles and on the roads they drive on can be utilised in a way which identifies and measures risk in real time. This knowledge can be utilised to increase road safety and fundamentally for the customer to manage and lower their risk profile. The founders grew the company, set up and then merged with an MGA providing fleet insurance for multiple types of commercial road users. The company has 65 employees from across Europe who live and work in a distributed manner with head office in Hammersmith. The company believes in diversity of thought and being where employees can challenge each other within the safety of the knowledge that we are working towards the same goals and outcomes. This has enabled a working environment where established insurance professionals, data scientists, technology professionals from different backgrounds work alongside each other in producing amazing outcomes. | ||||||
| Hyperexponential | Underwriting & Risk Rating | 51-100 | United Kingdom and Poland | 2017 | hyperexponential.com | |
| We reimagine technology to create ground-breaking software for insurers. We combine first-hand actuarial experience and first-class engineering expertise with a passion for technology, to develop solutions that enable quicker, smarter decision making. Teams are more agile, collaborate more deeply, and work more productively. They update their models more regularly, and have access to a broader array of tools than ever before. Our progressive approach, effective integration and continued support ensure our software delivers from day one and continues to evolve to meet the needs of your future ambitions. We work closely with our clients so they can embrace the digital revolution, enhance productivity and transform the performance of their organisation. | ||||||
| Igloo | Marketing & Distribution, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 101-250 | Singapore, Philippines, Indonesia, Vietnam, Malaysia, Thailand | 2016 | preciouscomms.com | |
| Established in 2016, Igloo is the first full-stack regional insurtech firm hailing from Singapore. With the mission of making insurance accessible and affordable for all, the company uses technology to develop innovative microinsurance products designed to meet the underserved needs and emerging risks that often fall through the cracks of traditional insurance providers, either due to their high-risk nature or the lack of available data. Using artificial intelligence and big data, Igloo’s technological expertise includes embedded finance, a dynamic pricing model and real-time risk engine, and a smart claims management system. Together, these tools help make insurance more cost-effective and accessible to more consumers. Embedded finance integration eliminates the need for separate insurance purchases and reduces distribution costs. The dynamic pricing model takes into account real-time data and risk factors, allowing for more accurate and personalized pricing based on individual circumstances, behaviors, and risk profiles. Meanwhile, the smart claims management system streamlines the claims process, reduces administrative overhead, and minimizes fraudulent claims. | ||||||
| InConnect B.V. | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 1-10 | Netherlands with international setup | 2021 | inconnect.io | |
| After automating almost everything (1 employee on 25.000 policies) we started a few years ago again with a clean sheet after realizing that IoT is going to be the game changer in insurance and that Connected Insurance is going to be the future. The data provided by Smart Homes (combined with Third Party Data) and the huge potential in prevention possibilities will change the environment. It will take long especially in our risk avoiding world and there will be resistance from the fact that less claims means less premium income. From here we started with a few business people to create the blue prints for a new business model and started under the project name InConnect. Later we established the company InConnect. We're a small international experienced team with a strong advisory board. Sa far all self financed. | ||||||
| InfoCert.Digital | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 501-1,000 | EU, United Kingdom, LATAM, Asia. | 2004 | infocert.global | |
| A leading international name in end-to-end solutions, the company is able to meet all the digitalization-related needs of enterprises and public bodies: a one-stop source on today’s market, given the broad portfolio of digital tools on offer and the ability to incorporate trust services into the business processes of clients. InfoCert creates and implements digitalization solutions that respond fully to specific organizational and business needs and enable integration both with one another and with management applications, guaranteeing the highest standards of security, a frictionless user experience and the necessary level of digital trust, i.e. assurance that the digital transaction is legally valid. InfoCert is an established partner of companies in the Banking, Financial, Insurance, Pharmaceutical, Manufacturing, Telecoms, Energy, Utilities, Distribution, Health and other sectors, as well as bodies such as Public Administrations, and Professional and Trade Associations. | ||||||
| Insoore | Operations & Servicing, Claims | 51-100 | Italy | 2017 | insoore.com | |
| Insoore is the sole player in the claim management space that combines state of the art technologies with excellent operational capabilities; this combination allows Insoore to digitalize, speed up, and make the whole claim management process more efficient. Best in class performances are enabled by a proprietary back office that coordinates the full set of processes, a community on the ground of more than 350 people directly managed and deployable everywhere required, an IT department dedicated to continuously enhance our technology stack and develop our set of AI algorithms, and a team of more than 40 claim handlers that can be steered accordingly to our clients’ priorities. | ||||||
| Instabase | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 251-500 | United States, Canada, United Kingdom, Europe | 2015 | instabase.com | |
| Instabase develops and leverages best in class AI technology on top of a no code / low code platform that makes it really easy to create end-to-end automated workflows where those are now bogged down by highly variable and unstructured data. In insurance this includes medical records of hundreds of pages, doctor notes, police reports, legal letters, loss runs and much more. Instabase aims to always empower its customers with the best technology. And as a result, Instabase released AI Hub earlier this year, which leverages the latest LLM models in a special collaboration with OpenAI, and combines it with the unique document understanding technology by Instabase to create document automation tool that has superior performance. | ||||||
| INSTANDA | Proposition that supports the end to end value chain | 101-250 | United Kingdom, United States, Canada, Chile, Australia | 2012 | instanda.com | |
| INSTANDA was born from a frustration of how legacy systems were holding back insurance productivity. Its founders knew there had to be a better way. Insurers now have the option to be first to launch in a new market, with uniquely designed products that are completely customisable to each insurer. By becoming part of a movement that pushes the boundaries of insurance technology, users convert more customers and generate new revenue streams in a matter of weeks or months – not years. We work with insurers, brokers and MGAs across 18+ countries to help address their legacy transformation issues, giving them the freedom and flexibility to innovate rapidly and address new markets in weeks instead of months. | ||||||
| InsuredHQ | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | New Zealand, Australia, Papua New Guinea, Solomon Islands, Curaçao, United States | 2015 | insuredhq.com | |
| InsuredHQ is an innovative technology company that provides a core administration platform specifically designed for the Property and Casualty (P&C) insurance industry. Positioned as a crucial enabler for insurance companies and MGAs in the APAC and North America regions, particularly those with a GWP between $10m and $100m, we proudly offer our customers a comprehensive "Insurance in a Box" solution. With a clear understanding of the need for speed and agility in the insurance market, InsuredHQ has developed a robust, cloud-based application that, coupled with its flexible Open APIs and Core Engines, streamlines both back-end and front-end operations. This synergy facilitates the swift introduction of new products and unlocks new markets or channels for our customers. InsuredHQ's platform not only modernizes complex administrative processes and ensures compliance with regulatory requirements but also provides flexibility to address current and future business pressures. Additionally, it enables the acceleration of digital engagement and transformation of legacy policyholder experiences. This translates into real and tangible Digital Transformation - rapid testing, validation, and distribution of new products and services. | ||||||
| Insurely (The Great Collective AB) | Marketing & Distribution, Policy Renewal/Customer Retention | 51-100 | Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, France | 2018 | insurely.com | |
| Insurely was founded in 2018 with the purpose to make the insurance industry open and obvious - and to ignite a transformation within an industry that hasn’t changed for a long time. We are a provider of open insurance solutions and offer a variety of products, all based on our strive to help navigate the necessary change and digitalisation the industry is facing, with open data. Our solutions create win-win experiences for both insurance and pension providers and consumers and provide a personalized, seamless and transparent experience. | ||||||
| Insurify | Marketing & Distribution, Policy Renewal/Customer Retention | 101-250 | United States | 2013 | insurify.com | |
| Insurify is a one-stop-shop comparison platform for car, home, and life insurance. Powered by advanced analytics and artificial intelligence, Insurify is helping consumers save time and money on their insurance coverage and helping insurers reach high-intent customers. Insurify has facilitated the purchase of over $170M in insurance coverage since 2017 and has achieved 20x revenue growth since 2016. Recently, Insurify has been recognized by Forbes FinTech 50 and INC 5000 for our innovative product and growth. | ||||||
| IntellectAI (parent company - Intellect Design Arena) | Underwriting & Risk Rating, Proposition that supports the end to end value chain | 5,001-10,000 | United States, Canada, India, United Kingdom, Middle East, Europe, APAC | 2014 | intellectdesign.com | |
| IntellectAI is the InsurTech and WealthTech of Intellect Design Arena. In the InsurTech space, we offer a ‘contemporary underwriting ecosystem’ serving Commercial, Specialty and E&S insurance lines. Our advanced AI and data powered, cloud native products are known to address the most complex business objectives with the highest accuracy and consistency of outcome. Our underlying technology powers sophistication with simplicity ensuring an engaging and insightful user journey. Our skilled technical experts and data scientists seamlessly augment our customer teams to accelerate their transformation journey, easily adapting as business models and technology evolves. At the core of IntellectAI is the passion of its people and its innovative culture - data, AI and design thinking. With a proven footprint in emerging technologies, advanced AI, domain specific large language models, contextual usage of ever-evolving data and insights and seamless user journeys, IntellectAI simplifies business complexities and effectively positions companies for the future with sustainable outcomes in an ever-changing marketplace. | ||||||
| Joshu | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | United States - HQ in Silicon Valley & 6 remote workers, R&D: Tel Aviv, Israel | 2020 | joshuins.com | |
| Joshu is an insurance product development and distribution platform that helps insurance product owners configure, launch and update their products without coding. Designed for insurance professionals and packed with features accelerating product setup, Joshu’s portals and Underwriter Desk come out of the box and support the full lifecycle of a policy. Founded by technology experts experienced in selling insurance online, Joshu was purpose-built to give insurance professionals the tools they need to harness digital distribution and win new markets faster. | ||||||
| Kalepa | Underwriting & Risk Rating | 11-50 | United States | 2018 | kalepa.com | |
| Kalepa is solely focused on helping commercial P&C insurers achieve profitable growth. To do this, we provide cutting-edge software that enables insurers to combine the best of human and artificial intelligence and experience transformative improvements in their underwriting process. Our Copilot underwriting workbench is trusted by insurers of all sizes - including top 15 carriers, leading MGAs, and regional mutual insurers - to power underwriting across commercial lines of business. By automating guidelines, surfacing key exposures and controls, and providing an interface proven to lead to better underwriting decisions, Kalepa helps insurers bind with confidence. At Kalepa, we feel strongly that the future of insurance is built by empowering underwriters to be successful - not attempting to replace them. For too long, underwriters have been stuck with under-supported, clunky software, and tools that complexify, instead of simplify. | ||||||
| Kanopi | Proposition that supports the end to end value chain | 11-50 | Australia, EU | 2021 | kanopicover.com | |
| Kanopi is an Australian-based insurtech startup focused on enabling insurers and their distribution partners to embrace the embedded insurance revolution. Insurers increasingly have the desire to offer data-driven, embedded insurance products that are more personalised, better value and meet new customer demands - but are often constrained by legacy technology and IT resources. Kanopi's flexible, next-generation insurance platform helps insurers deliver embedded insurance to customers when and where they need it through seamless, tailored experiences. The platform includes everything needed to build, launch, manage and scale innovative new products into new digital distribution channels. The Kanopi team works closely with insurers and their partners to help design new propositions and get to market in under three months. | ||||||
| Kayrros | Underwriting & Risk Rating | 101-250 | France, United Kingdom, United States, India | 2016 | kayrros.com | |
| Kayrros is a leading advanced geospatial analytics company for energy and the environment. At Kayrros, we deliver data for a sustainable future. Our mission is to give companies and governments the data tools to optimize operations, tackle the climate challenge, navigate the energy transition, and stay on top of fast-changing markets. To do so, Kayrros deploys powerful algorithms and mines mountains of atmospheric and other raw alternative data to generate integrated, actionable signals and solutions focused on empowering stakeholders to manage their risks. Recently, Kayrros was named one of the world's 100 Most Influential Companies by TIME which is a testament to the groundbreaking approach to environmental intelligence and tackling climate change. Kayrros also won the Financial Times Tech Champions 2022 for its innovation in the IT & Software sector. | ||||||
| Ki Insurance | Underwriting & Risk Rating | 101-250 | United Kingdom | 2020 | fticonsulting.com | |
| Ki is the first fully digital and algorithmically-driven Lloyd’s of London syndicate. Lloyd's is the world's leading specialist insurance and reinsurance market. Lloyd’s is home to some of the world’s best technical underwriting capabilities and is arguably unrivalled in its ability to price and insure complex risk. However, much of these skills lie in the ‘lead’ part of the process; enabling follow capacity to more efficiently support this is where we saw the most significant opportunity to do things differently. Because of the complexity and size of the risks written by Lloyd’s, and therefore potential scale of claims, risks are written on a syndicated basis. This means that there will be multiple Lloyd’s syndicates providing insurance capacity for any given risk. These are split into ‘lead’ and ‘follow’. The lead syndicates are responsible for setting and negotiating the price, while the follow syndicates sign-up their capacity to the price negotiated by the lead syndicate(s). | ||||||
| KYND | Underwriting & Risk Rating, Policy Renewal/ Customer Retention, Proposition that supports the endto-end value chain | 11-50 | United Kingdom, Europe, United States | 2018 | kynd.io | |
| KYND is on a mission to make complex cyber risks easy to understand and manage. KYND’s next generation technology makes assessing, understanding, and managing cyber risks easier and quicker than ever before and is used by insurers, brokers, and their clients. Recognising one size doesn’t fit all, KYND has designed made-to-measure InsurTech products that work for any size business, from any industry, anywhere in the world. KYND’s unparalleled cyber-risk management tools not only enable accelerated sales of cyber policies, speeds up renewal and helps control client risk but also supports better underwriting decisions by removing complexity, providing instant insight into cyber risk exposure while mitigating insured’s risk exposure with continuous monitoring and alerts. | ||||||
| League | Operations & Servicing | 501-1,000 | United States, Canada | 2014 | league.com | |
| Founded in 2014, League is a platform technology company powering next-generation healthcare consumer experiences. Health insurance organizations build on League’s healthcare CX platform to deliver high-engagement, personalized healthcare experiences people love. League recently announced a $95 million funding round led by TDM Growth Partners, backer of breakthrough platforms Square, Twilio and Slack, bringing the total funding to $220 million. League is also among Deloitte’s Technology Fast 500, CB Insights’ Digital Health 150 and was named the Next Healthtech Unicorn by Accenture, among many other acknowledgements. | ||||||
| Luther Systems | Operations & Servicing, Proposition that supports the end to end value chain | 11-50 | United Kingdom, United States | 2017 | luthersystems.com | |
| People spend 30 minutes a day on tasks that go through large enterprises, like insurance. That is four years of our active lives ! We can get this back if insurers have an Operating System. Before Personal Computing Operating Systems, there were a large number of fragmented application developed separately, Fax Machine, calculators, TVs, postal mail, paper spreadsheets, Video Games, .... The advent of Personal Computing Operating Systems formed the basis of PCs, and from there the internet and applications such as mobile insurance, modern hospitals, Netflix, Amazon,, ChatGPT, cat videos. Insurance companies are in their pre-operating system era. There are man y fragmented applications, developed separately and made to work together. They do work, however the value chain is always fragmented. The platform is the basis of a standardized Enterprise Operating System across the insurance value chain, and the possibilities are boundless. | ||||||
| Majesco | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 1,001-5,000 | North America, EMEA, APAC | 1982 | majesco.com | |
| Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what’s next, without losing sight of what’s important now. Over 350 insurers, reinsurers, brokers, MGAs, and greenfields/startups rely on Majesco’s SaaS platform solutions of core, digital, data & analytics, distribution, and a rich ecosystem of partners to create their next now. As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 900+ successful implementations, we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute. | ||||||
| mea platform | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 101-250 | Team - United States, United Kingdom, India, Portugal, Bermuda Client implementations - United States, Canada, Bermuda, United Kingdom, Italy, Germany, France, Portugal, Spain, Sweden, Switzerland, Denmark, Holland, Singapore, South Africa, Australia, Austria, Belgium. | 2021 | meaplatform.com | |
| mea makes insurance easier. mea combines long term Insurance expertise (underwriters and Operations leaders) with cross industry technology talent. mea platform is an intelligent platform that takes the effort out of essential processes so insurers can focus on finding their competitive edge. Insurers, brokers and MGAs spend too long on manual processes - combined ratios and margins are vulnerable to these unintuitive and fragmented manual insurance processes. Designed for insurers by insurers, mea automates critical activities, boosting productivity, reducing combined ratios, and increasing margins. | ||||||
| Monitaur | Proposition that supports the end to end value chain | 11-50 | United States | 2019 | monitaur.ai | |
| Monitaur is pleased to serve the insurance industry by helping to solve the complex challenge of model governance, with customers including Progressive Insurance and Cape Analytics. Monitaur’s revenue has increased 5x and operations have expanded into Europe on the heels of a partnership announcement with PwC Germany in September 2022. A new round of financing was announced in January 2023 to fuel growth led by Cultivation Capital and former Guidewire executive John True. Other Monitaur investors include insurtech investors Plug and Play and MTech Capital. Also in early 2023, Monitaur announced its invitation to join the Guidewire Insurtech Vanguards program. | ||||||
| MyCover.ai | Marketing & Distribution, Claims, Proposition that supports the end to end value chain | 11-50 | Nigeria | 2021 | mycover.ai | |
| MyCover.ai is an open insurance API built to deepen insurance penetration across Africa. We are transforming the way Africans utilize and experience insurance by embedding insurance products into their favourite products and services and by streamlining the claims process for insurance companies through our AI-Powered claims management solution. Our solution is an open insurance API to deepen insurance penetration and liberalise insurance processes in Africa. Our API 1. Enables Innovators/Businesses to embed insurance products into their current offering or launch new insurance verticals. 2. Enables Insurance companies to distribute their products faster and simplify their claim process. 3. Helps users get the insurance products they need seamlessly and with great experiences. | ||||||
| Nanoinsure Technology (Hong Kong) Limited | Marketing & Distribution, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 51-100 | Asia, Europe, North America | 2019 | nanoinsure.com | |
| At Nanoinsure, our vision is to transform the insurance industry by empowering carriers to create and customize their own products using our advanced software. Our technology allows carriers to configure and deploy products up to 5X faster than traditional methods, while reducing total cost of ownership. With our software, carriers have complete control over their products from inception to distribution, enabling them to simulate and attain their desired Value of New Business (VNB) before launching. We also offer a low-code platform for rapidly developing digital sales front-end and core admin applications, helping carriers to build and launch products more efficiently. Our unique offering combines a robust product and process configuration platform with a low-code platform, providing unparalleled flexibility and speed of development. Since our launch in 2019, our software has been used by some of the world's leading insurers and most innovative insurers in Asia. Our software currently serves over 10 Asian markets, supports seven languages and ten currencies, and is used by more than 35,000 insurance advisors across tied-agency, bancassurance, brokers, and D2C distribution channels. | ||||||
| Nest Innovative Solutions Pvt. Ltd. | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | United States, India | 2011 | nest-is.com | |
| Nest Innovative Solutions was founded with an aim of applying innovative technology to create business solutions for insurance service providers with ten times agility and one-tenth market price. Nest believes in a need-based, fully-automated, connected insurance architecture. Nest’s solutions are fully digital, reasonably secure, cloud-based, and connected. Nest is specializes in providing product-based transformation solutions for brokers and managing general agents who have the vision and the grit, with a tech-savvy ambition and a limited budget. Nest has facilitated some MGAs operate their complete life-cycle of insurance brokerage through marketing, pre-sales, sales, underwriting, policy issuance and management, claim intimation and accounting on Macaw without requiring a physical office. | ||||||
| NeuralMetrics | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Policy Renewal/Customer Retention | 51-100 | United States, Europe, UAE, India, Australia | 2018 | neuralmetrics.ai | |
| NeuralMetrics (www.neuralmetrics.ai) provides classification and risk-intelligence data to facilitate accurate, contextual commercial lines underwriting for property/casualty insurance organizations. The company’s easy-to-deploy, AI-powered data platform extracts actionable, industry-compliant risk-assessment insights — instantaneously and transparently — from dynamic, public sources of information. To help drive straight-through processing, the real-time NeuralMetrics data platform enables comprehensive industry classification, incisive underwriting, and precise policy pricing. Up-to-the-minute data from NeuralMetrics also supports lessors’ risk assessment, book roll analytics, exposure monitoring, premium audit, and renewal management, as well as market analysis for lead qualification and acquisition to expand books of business. | ||||||
| Novidea | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end-to-end value chain | 150 | 120 customers in 22 countries, offices in the United States, United Kingdom, and Israel | 2010 | novidea.com | |
| A customer-centric, data-driven platform that digitises the entire insurance distribution lifecycle, from quotes and upselling to accounting and claims. The platform delivers operational efficiencies and growth opportunities to brokers, agents, cover holders and MGAs. A complete ecosystem, that makes customers’ digital transformations fast, efficient and set for growth. The insurance distribution platform provides real-time access to data at the point of need, from any device, anywhere, you can make better-informed decisions to grow your business, and deliver greater customer value. | ||||||
| Nuclicore | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 1-10 | Europe | 2021 | nuclicore.com | |
| Nuclicore is a compliant enterprise no-code platform tailored to the insurance industry. It empowers insurance companies, MGAs, and large brokers to create complex, custom software and APIs rapidly through a user-friendly visual interface without the need for manual coding. With Nuclicore, companies can accelerate their digital transformation, streamline processes, and automate workflows, all while maximizing cost savings. The platform's versatility allows seamless integration with various partners and systems, enabling efficient data exchange and collaboration. Nuclicore's compliance with industry complexities makes it an ideal choice for insurance firms looking to increase revenue, speed up profits, and reduce costs without compromising on quality. It provides a revolutionary solution, transforming the way insurance-related software is developed and paving the way for efficient, sustainable, and innovative solutions in the insurance sector. | ||||||
| Oka, The Carbon Insurance Company™ | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention | 11-50 | United States-based | 2022 | carboninsurance.co | |
| Oka, The Carbon Insurance Company™ is on a mission to ensure every carbon credit is insured. We’ve built a high-growth business, leveraging our data-driven underwriting platform to protect carbon credits by replacing or augmenting them in the event of credit registry removal or value impairment. By partnering with Oka, carbon credit sellers can increase the value of their credits and corporate buyers can trust their financial investments and reputations are secure, protecting their net-zero claims. | ||||||
| Optalitix | Underwriting & Risk Rating | 11-50 | Principally in the United Kingdom, but have clients in Europe, America, Asia Pacific and South Africa | 2013 | optalitix.com | |
| Optalitix is an award-winning insurtech that develops software solutions for insurers for underwriting, pricing and risk management using the latest technology and our experience with implementing pricing and underwriting systems. We use no-code technology to convert any model into a cloud hosted API in minutes. Once in the Cloud, these models can be used in our underwriting workbench to help insurers manage their risk, with pre-built risk dashboards to monitor and provide risk insight. Our systems are used by insurers and banks as part of their regulated risk management process, and meet the stringent regulatory standards set by the UK PRA. Optalitix help clients maintain a competitive advantage in an increasingly digital environment, facilitating intelligence led business decisions that allow them to maximise sales, optimise pricing and improve productivity. | ||||||
| Pattern Insurance | Marketing & Distribution, Underwriting & Risk Rating | 11-50 | Americas, EMEA | 2020 | patterninsurance.com | |
| Pattern is an InsurTech global Managing General Agent, who provides a platform for businesses that are embedding relevant protections to enhance booking and registration experiences such as travel online agencies, sports registration platforms, resorts and more. Through Pattern, businesses are able to offer real-time personalized coverages such as Travel Insurance, Trip Cancellation, Participant Accident, Registration Cancellation, Weather Inconveniences and many more. Palo Alto HQ’d Pattern was founded in 2020, operates in the Americas and EMEA and has over 30 partners and customers that it works with such as Amadeus, a leading global booking tech provider, Harel, a leading Insurance and Financial Services provider, lastminute, an online travel agency, and more. | ||||||
| ProofTec | Claims, Policy Renewal/Customer Retention | 1-10 | Australia, Indonesia, North America, Thailand (pilot customer), United Kingdom (pilot customers) | 2020 | prooftec.com | |
| ProofTec is a leading global AI computer vision start-up, focused on delivering actionable intelligence to the automotive sector. ProofTec is based in Australia and consists of an exceptional team that includes the brightest computer vision minds in Australia, across R&D and engineering. ProofTec has customers across 3 continents and include insurers, car rental operators, car share operators and mobility software solutions | ||||||
| Quantee | Underwriting & Risk Rating | 11-50 | Europe, North America, LATAM, APAC, Africa | 2018 | quantee.ai | |
| Quantee is an InsurTech focused on transforming and making the insurance industry smarter by providing next-generation software. Currently, we fully focus on P&C and Health Insurance pricing for personal and high-volume commercial lines, helping our customers to leverage the combined power of the data they have and technology we provide. | ||||||
| Quantexa | Underwriting & Risk Rating, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 501-1,000 | United Kingdom & Ireland, APAC, EMEA, North America. | 2016 | quantexa.com | |
| Quantexa is a global leader in Decision Intelligence (DI) solutions for the public and private sectors, empowering organizations to establish confidence in their data, reach new levels of organizational efficiency and build business resiliency. Using the latest advancements in AI, Machine Learning and advanced analytics, Quantexa’s Decision Intelligence Platform gives customers the ability to understand their data by connecting siloed systems and visualizing complex relationships. The result is a single view of data that becomes their most trusted and reusable resource across the organization. | ||||||
| QuoteWell | Marketing & Distribution | 11-50 | United States | 2021 | quotewell.com | |
| QuoteWell is building an appetite-driven search engine backed by artificial intelligence. This "Google for Insurance" enables retail agents to search carrier appetite data to determine the best market to place the underlying risk. QuoteWell's commercial wholesale operation empowers best-in-class in-house brokers to efficiently find and place the risk with the best match. QuoteWell also provides collaborative tooling to reduce the friction and back-and-forth typically associated with wholesale brokers. With this data and tooling, QuoteWell can service the best "submit:bind" ratios across the industry, and be true differentiated technology and distribution partner to agents and carriers alike. QuoteWell is a nationally licensed brokerage headquartered in Austin, Texas. Team members and advisors hail from top backgrounds across insurance and technology alike. Some examples include Palantir, Aon, Marsh, RPS, Amwins, Google, Microsoft, McKinsey, and SoFi. QuoteWell has raised over $20M to date from prestigious venture capital firms like NEA, Goldcrest, and Floating Point. | ||||||
| RegEd | Marketing & Distribution, Operations & Servicing, Claims, Proposition that supports the end to end value chain | 251-500 | United States | 2000 | reged.com | |
| RegEd is the market-leading provider of RegTech and InsurTech enterprise solutions with relationships with more than 200 enterprise clients, including 80% of the top 25 financial services firms. Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk. Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients. | ||||||
| Reitigh Software | Marketing & Distribution, Operations & Servicing | 11-50 | Ireland, United Kingdom, Isle of Man | 2016 | reitighltd.com | |
| Reitigh is an Irish word, meaning "to solve" or "to put in order", and was founded by a team of actuaries to help insurance companies better understand their data, and automate back-office processing. Founded in 2016, Reitigh was listed by Deloitte in 2022 as the third fasted growing technology company in Ireland. With numerous blue-chip clients, such as AXA, Mercer and Prudential, Reitigh's software is trusted solve a wide variety of back-office processing challenges within the insurance industry. | ||||||
| Relay Platform | Marketing & Distribution, Operations & Servicing, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 11-50 | United States | 2018 | relayplatform.com | |
| Cyber insurance quotes should be offered with all commercial quotes, to adequately protect clients and minimise brokers’ exposure to E&O claims. This is the premise behind Relay, which has been on a winning streak by delivering better broker technology for cyber insurance. A state-of-the-art SaaS platform equipping wholesale and retail brokers and their capacity providers with a leading electronic placement solution for Cyber & Tech E&O, Management Liability and Small Commercial/BOP Insurance. | ||||||
| RightIndem | Operations & Servicing, Claims | 11-50 | United Kingdom, Europe, Asia Pacific, North America. | 2016 | rightindem.com | |
| RightIndem is a company that is reshaping the insurance claims landscape. Our company is driven by a passion for leveraging technology to enhance the claims process, making it more efficient, transparent, and customer-centric. At the core of our mission is the belief that insurance claims should be a seamless and hassle-free experience for both policyholders and insurers. We strive to simplify and streamline the claims journey, leveraging advanced technologies and industry expertise to deliver cutting-edge solutions. Our digital claims platform serves as a comprehensive end-to-end solution, revolutionising the way insurance claims are handled. By harnessing the power of cloud computing, we provide a scalable and flexible platform that ensures secure data storage, seamless access to services, and efficient claims processing. One of our key differentiators is our claims orchestration capabilities. We act as an orchestration layer, integrating with various digital supply chain partners through APIs. This allows insurers to optimise their claims process without costly and time-consuming modifications to their core systems. We serve as a single point of integration with core systems like Guidewire or EIS, simplifying implementation and reducing the time and effort required to connect with external partners. Through our partnerships, we enhance our offering and bring additional value to our clients. These partnerships span a wide range of areas, including consulting and advisory services, core systems and leading point solutions; motor liability decisioning, repair analytics, vehicle salvage and remarketing, car rental, payment solutions, and more. We collaborate with these organisations to deliver comprehensive and innovative solutions that meet the evolving needs of the insurance industry. Our commitment to customer satisfaction is evident in our focus on user experience (UX). We continually strive to enhance the conversational UX, ensuring a seamless and intuitive interface for policyholders. As we look to the future, we are committed to staying at the forefront of innovation in the InsurTech space. We will continue to evolve our platform, incorporating advancements in technology, exploring new partnerships, and expanding our capabilities. Our goal is to drive positive transformation in the insurance industry by delivering exceptional claims experiences and empowering insurers to thrive in a rapidly changing digital landscape. | ||||||
| Risk Control Tech | Loss Control, Underwriting, Risk Scoring, Operations & Servicing, Policy Renewal/Customer Retention, AI/ML Models, New Business & Underwriting, Claims, Data & Predictive Analytics, Digital Platform, Customer Portal, Reinsurance, Proposition that supports the end-to-end value chain | 51-100 | North America, South America, Central America, AsiaPac, EMEA | 2012 | riskcontroltech.com | |
| RiskHub is an end-to-end loss control software platform designed to automate the loss control survey process, then enable insurers to strategically and efficiently cover risk across 100% of their book of business. We do this by leveraging over 10 years of intellectual property and leading edge Machine Learning and AI solutions to create a seamless unified platform for data aggregation, process automation, and predictive analytics. RCT is the only software vendor focused solely on core Loss Control systems and risk related disciplines. RCT provides a risk-free, rapid time-to-value implementation that can be completed in 3 months. The company provides full and open APIs that are platform agnostic, with documentation that allows for developer friendly integration. | ||||||
| Safe Security | Underwriting & Risk Rating, Proposition that supports the end to end value chain | 101-250 | United States/North America, United Kingdom, India, Australia, Germany, Singapore | 2012 | safe.security | |
| Safe Security is the leader in cyber risk management SaaS platforms. It has redefined cyber risk measurement and management with its real-time, data-driven approach that empowers enterprises, boards, regulators and cyber insurance carriers to understand cyber risk in an aggregated and granular manner. Using Safe’s predictive AI-driven data models, co-developed with MIT, customers are now empowered to translate the bits and bytes of cyber risk into dollars and cents so they can prioritize their cyber investments to most effectively mitigate their risk and understand the return on security investments. Having raised over $100M, Safe is growing over 200% year-over-year and serves some of the largest global enterprises. visit https://www.safe.security/cyber-insurance and follow us at @SafeCRQ. | ||||||
| Scanbot | Operations & Servicing, Claims Management, Customer Experience Operations & Servicing, ClaimsManagement, Customer Experience | 51-100 | Global operations with a strong presence in the United States, Germany, and Switzerland | 2011 | scanbot.io | |
| Scanbot offers a B2B product, the Scanbot Software Development Kit (SDK), enabling enterprises to easily integrate data capture capabilities such as barcode scanning, document detection & scanning, and data extraction functionalities into their mobile (iOS / Android) and web applications. The Scanbot SDK is a 100% offline solution that works exclusively on the device. It will never send data to any external server except yours. With additional features like encryption, Scanbot ensures that data is only shared between a company’s users and its own server, both at rest and in transit. The SDKs are compatible with almost every app- and web-based development platform and can be easily integrated within a week. Industry-leading firms like AXA, Generali, Deutsche Telekom, and DocuSign already rely on Scanbot SDK. | ||||||
| Scrub AI | Underwriting & Risk Rating, Operations & Servicing | 1-10 | United Kingdom, United States | 2020 | scrub-ai.com | |
| Scrub AI is a pioneering InsurTech company based in the UK, specialising in automated data cleaning solutions tailored specifically to the insurance industry. Our mission is to revolutionise the way data is prepared and cleaned, empowering insurers with accurate and error-free data to make informed decisions and achieve optimal outcomes. Unlike generic workflow solutions and major players, Scrub AI focuses on specific problems, enabling us to fully automate the entire procedure rather than simply accelerating isolated elements. By leveraging our proprietary machine learning algorithms and sophisticated models, we drastically reduce turnaround times from days to minutes, eliminating human error and producing high-quality, ready-to-use data. Our innovative approach saves insurance businesses both time and money, with potential savings of up to 50% of current outsourcing expenditures. | ||||||
| Send Technology | Underwriting & Risk Rating | 51-100 | United Kingdom, United States | 2017 | send.technology | |
| Send is a rapidly growing InsurTech software company based in London with global reach. The company has developed an innovative connected workbench that enables re/insurers and MGAs to automate, streamline and optimize their underwriting operations. It’s a composable platform that gives teams everything they need to be more productive, in one place – a single platform for managing new business, renewals and endorsements. The SaaS platform brings complex data out of silos into one solution, providing a consolidated view throughout the lifecycle. Its automation enables new and mature insurers to eliminate rekeying, improve predictability, and work smarter. | ||||||
| Shift Technology | Underwriting & Risk Rating, Claims | 501-1,000 | France, United Kingdom, United States, Canada, Mexico, Brazil, Spain, Germany, Singapore, Japan | 2014 | shift-technology.com | |
| Shift Technology delivers AI-powered decisioning solutions to benefit the global insurance industry and its customers. Our products enable insurers to automate and optimize decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs. The future of insurance starts with Decisions Made Better. | ||||||
| SIMULYTIC - A Siemens AG Venture | Underwriting & Risk Rating, Policy Renewal/Customer Retention | 11-50 | Worldwide, with emphasis on North America, United Kingdom and continental Europe. | 2021 | siemens.com | |
| Simulytic is an InsureTech startup venture founded in September 2021 within Siemens AG. Our sole focus is to be a neutral partner to underwriters who insure AV deployments. We remove barriers in AV underwriting through a systematic, evidence-based, hyperlocal risk assessment that considers pertinent everyday AV risks in a specific deployment environment and use case. Our solution has been well received by European and US carriers alike and we have completed studies for middle-mile delivery, passenger transportation, and mining use cases. In the summer of 2023, we completed the Lloyd's Lab accelerator program as part of Cohort 10. We have the ambitious goal of helping to write all AV risk by 2030. | ||||||
| SLK Software | Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 5,001-10,000 | North America, Europe, India | 2000 | slkgroup.com | |
| SLK is a global technology services provider focused on bringing AI, intelligent automation, and analytics together to create leading-edge technology solutions for our customers through a culture of partnership, led by an evolutionary mindset. For over 20 years, we've helped organizations across diverse industries - insurance providers, financial service organizations, investment management companies, and manufacturers - reimagine their business and solve their present and future needs. Being A Great Place To Work Certified, we encourage an approach of constructively challenging the status quo in all that we do to enable peak business performance for our customers and for ourselves, through disruptive technologies, applied innovation, and purposeful automation | ||||||
| Smart Communications | Proposition that supports the end-to-end value chain | 251-500 | United States, Canada, United Kingdom, Germany, Switzerland, Australia, Singapore | 1991 | smartcommunications.com | |
| Smart Communications is a leading technology company focused on helping businesses engage in more meaningful customer conversations. Its Conversation Cloud™ platform uniquely delivers personalised, omnichannel conversations across the entire customer experience, empowering companies to succeed in today’s digital-focused, customer-driven world while also simplifying processes and operating more efficiently. Smart Communications is headquartered in the UK and serves more than 650 customers from offices located across North America, Europe, and Asia Pacific. Smart Communications’ Conversation Cloud platform includes the enterprise-scale customer communications management (CCM) power of SmartCOMM, forms transformation capabilities made possible by SmartIQ and the trade documentation expertise of SmartDX. In 2021, the company acquired Assentis, a leading European software solutions provider specializing in customer communications management (CCM) with a focus on the financial services industry. Smart Communications’ cloud native architecture provides APIs and connectors to existing tech ecosystem, such as Guidewire, Duck Creek, Salesforce, Pega, etc to further scalability and leverage data. To learn more, visit smartcommunications.com. | ||||||
| Snapsheet | Claims | 501-1,000 | United States | 2011 | snapsheet.me | |
| Snapsheet, a trailblazer in virtual appraisals and a leading provider of claims management software, delivers exceptional customer experiences. With the fastest digital auto claims process in the U.S., we continue to drive claims innovation forward. Today, we are striving for change and bringing a fresh approach to claims management by delivering streamlined solutions and enhanced customer experiences while enabling our customers to create innovative, data-driven claims organizations. We have established ourselves as an industry leader, partnering with several prominent insurance carriers, which attests to the quality and reliability of our solutions. At Snapsheet, we're not just transforming insurance claims – we're reimagining the way people experience insurance. | ||||||
| Socotra | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end to end value chain | 101-250 | United States, Canada, Switzerland, United Kingdom, France, New South Wales, Mexico, | 2014 | socotra.com | |
| Socotra provides a modern core platform to the insurance industry, bringing unparalleled speed, flexibility, and choice that gives insurers more control over their businesses. The company is best known for Connected Core, its advanced cloud-native technology with standardized, public, open APIs that enable clients to quickly integrate third-party applications and data sources, virtually eliminating the cost, time and risk of innovating with new features and capabilities. The company recently introduced CorePlus, a line of end-to-end insurance IT solutions composed of industry-leading software and data providers. To learn more, visit socotra.com. | ||||||
| Sprout.ai | Claims | 11-50 | South America, Europe, Japan | 2018 | fieldhouseassociates.com | |
| Founded in 2018, Sprout.ai is an award-winning technology solution for the insurance industry that has partnered with some of the world's major insurance companies and TPAs. With the vision to make every claim better, Sprout.ai uses ground-breaking AI and data-led products to enable insurers to make every claim easy, fast and accurate. Extracting and enhancing relevant claims data, cross-checking this with policies and providing a philosophy-driven adjudication to conclude a claim in near real-time. This provides claims handlers with time to spend with customers, where human touch and empathy can make a real difference. Taking a different approach to their competitors, Sprout.ai improves both the speed and the accuracy with which insurance claims are handled. Sprout.ai’s technology extracts and enhances relevant claims data at a 98% accuracy rate average, cross checks this with policies and provides a philosophy-driven adjudication recommendation to conclude a claim in near real-time, providing claims handlers with more time to spend with customers. | ||||||
| Sure | Marketing & Distribution, Operations & Servicing, Claims, Proposition that supports the end to end value chain | 101-250 | United States | 2015 | sureapp.com | |
| Sure is the global insurance technology leader that unlocks the potential of digital insurance. Global brands and market-leading insurance carriers from the Fortune 500 build and launch sophisticated embedded insurance products on Sure’s SaaS infrastructure to distribute, service, and scale digital insurance. Sure’s insurance expertise combined with its technology increases revenue streams and accelerates market growth while revolutionizing the customer experience. | ||||||
| Tapoly | Marketing & Distribution, Proposition that supports the end to end value chain | 1-10 | We operate our MGA (Managing General Agent) in the United Kingdom, and our SaaS (Software as a Service) is available worldwide. | 2016 | tapoly.com | |
| Tapoly is an award-winning insurtech company that is revolutionising the insurance industry with its innovative and customer-centric approach. Founded in 2016, Tapoly has quickly become a leading digital managing general agent (MGA) offering specialised insurance products for SMEs and freelancers in the dynamic gig economy. The core mission of Tapoly is to address the unique insurance needs of the modern workforce, particularly those in the gig economy, who face constantly changing risks and demands. Traditional insurance products often fall short in catering to these individuals and businesses, leaving them vulnerable and unprotected. Tapoly's digital platform provides a comprehensive range of insurance solutions that can be accessed on-demand. This flexible approach allows SMEs and freelancers to tailor their coverage to suit their specific needs, giving them peace of mind and empowering them to focus on their work without the burden of unnecessary insurance expenses. The company's success can be attributed to its innovative use of technology and data analytics. | ||||||
| tietoevry | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end-to-end value chain | 10,000+ | Europe, India, South Africa, USA, Canada, Singapore, Japan, Australia, New Zealand, UAE, Japan | 1968 | www.tietoevry.com | |
| The Insurance-in-a-Box platform is incubated, funded and supported by Tietoevry Corporation. Tietoevry creates digital advantage for businesses and society. Headquartered in Finland, Tietoevry employs around 24,000 experts globally. Insurance-in-a-Box helps launch a new fullstack and yet modular digital startup initiative in less than two months! Insurance-in-a-Box is a digital start-up toolset designed to enable fast-track innovation, modernisation and transformation journey. It is a modular and comprehensive platform to help accelerate growth and speed of service innovation. The platform supports all- General, Life, Health, Pension and Neo lines of business. | ||||||
| Ushur | Marketing & Distribution, Underwriting & Risk Rating, Operations & Servicing, Claims, Policy Renewal/Customer Retention, Proposition that supports the end-to-end value chain | 101-250 | NorthAmerica, Europe, Africa, Oceania | 2014 | ushur.com | |
| Ushur delivers the world’s first AI-powered Customer Experience Automation™ platform that has been purpose-built to intelligently automate entire customer journeys, end to end. Designed to deliver delightful, hyper-personalized customer experiences, the Ushur platform combines Conversational AI and automation to digitally transform every step of the complete enterprise customer experience. Ushur’s No-Code platform enables HIPAA and PCI-Compliant two-way communication that any user can design without IT support | ||||||
| VisitorsCoverage | Marketing & Distribution | 51-100 | Worldwide | 2006 | visitorscoverage.com | |
| VisitorsCoverage is an Insurtech company revolutionizing the way travelers search for, compare, purchase, and manage their travel insurance. Located in the heart of Silicon Valley, we are disrupting the global travel insurance industry by innovating consumer-focused marketplace resources to help travelers find the best travel insurance plans available anywhere in the world. We are a customer forward company who believes in providing a seamless experience for consumers that are in the market for travel insurance. We believe in educating the consumer in travel insurance to simplify the process and provide true expectations of coverage for our customers. We have an in-house Customer Service team that helps our customers with claim requests, policy recommendations, and anything else the consumer needs for a superior experience. | ||||||
| Wenalyze | Underwriting & Risk Rating, Policy Renewal/Customer Retention | 11-50 | Europe | 2018 | wenalyze.com | |
| We help insurers and banks to validate, update & enrich the data of their commercial lines' clients with Open Data Analytics. We make underwriting and risk selection easy, fast, and accurate We only need your client’s business name and address to find updated information in several sources. By incorporating the latest AI technology and Open Data Analytics you will be able to understand better your SME clients and get adapted to their needs in real-time. | ||||||
| YuLife | Proposition that supports the end to end value chain | 251-500 | United Kingdom, United States, South Africa | 2016 | yulife.com | |
| YuLife is an award-winning insuretech firm, disrupting the group cover market. We have been recognised by our industry both through awards (winner of Insurtech ofthe Year at the COVER Excellence Awards 2021) and through investment - we secured our first major industry investment from Dai-ichi Life as part of our $120mSeries C raise in July 2022. YuLife is on a mission to build a global financial services company that inspires everyone to live their best lives physically, mentally and financially. Our strategic aim is to grow our business by providing our customers with a great group cover insurance product that not only offers value for money, but comes with real benefits in terms of employee engagement, retention and wellbeing. | ||||||
| Zinnia | Proposition that supports the end to end value chain | 1001-5000 | United States, Canada, India, Ireland | 2005 | zinnia.com | |
| Zinnia, an Eldridge business combines a rich history of Life & Annuities insurance expertise and product capabilities to create simplified and digitised outcomes that deliver better value and foster more seamless, secure, and efficient experiences for carriers, advisors, consumers, and reinsurers. The Company’s vision for Open Insurance empowers clients through intuitive technology solutions that decrease processing time, drive product innovation, and bring new products to market faster, enabling more people to protect and enrich their financial futures. With over $100 billion in assets under administration, Zinnia companies administer 2 million active policies on behalf of its 40+ clients. To learn more about Zinnia, please visit zinnia.com. | ||||||
