Notes

Winners Of 2023 Insurance Innovation Awards Introduced By Accenture, Qorus
Recently, Vouch launched AI Insurance, a novel insurance product that helps AI startups survive lawsuits and innovate faster. AI Insurance offers protection for monetary losses or services including top-of-mind dangers like giant language model (LLM) hallucinations, algorithmic bias, regulatory investigations, and claims of IP infringement in methods that make the most of AI algorithms. Founded in 2018 by Niranjan “Niji” Sabharwal and Jenn Knight, AgentSync builds a modern insurance coverage infrastructure that connects carriers, businesses, MGAs, and producers. Its solutions offer customer-centric design, seamless APIs, automation, and unparalleled service. By providing information intelligence and streamlined onboarding and compliance management processes, AgentSync is ready to help scale back costs, improve efficiency, and get producers able to promote in hours as an alternative of weeks. NEXT Insurance is transforming small business insurance with simple, digital, and affordable protection tailored to the self-employed.
This award honors resolution providers who excel in delivering technologies that enhance operational effectivity for insurance firms. Awardees are acknowledged for their solutions that streamline inner and exterior processes, boost effectivity, and elevate operational requirements. Success is measured by improved operational efficiency, enhanced buyer satisfaction, and the achievement of recent benchmarks in operational management. This accolade celebrates answer suppliers who have launched groundbreaking options that considerably advance the insurance industry.
The InsurTech100 is an annual listing of one hundred of the world’s most revolutionary InsurTech firms chosen by a panel of trade experts and analysts. As their name implies, the National Insurance Awards are a market-specific insurance coverage awards scheme solely open to entries from UK companies. The ITC Asia Awards characterize the regional benchmark for excellence, celebrating success and recognising the individuals and businesses pushing boundaries and driving Asia’s insurance coverage sector ahead. Norton Rose is in search of proposals from companies which are creating expertise or propositions in a variety of areas.
Concerning The Awards

Zinnia’s comprehensive solutions allow carriers and advisors to construct, sell, and repair life insurance and annuities, ultimately helping more folks get the coverage they need and the service they deserve. Zinnia's business traces embrace Carrier Solutions, providing digital third-party administration providers; Distributor Solutions, offering expertise & skilled services for advisors; and the Policygenius shopper market. This accolade honors insurers who excel in integrating cutting-edge technologies—such as InsurTech, AI, massive knowledge, digital CRM, and online platforms, for inside and external operations—into their operations.

Insurance Journal
By harnessing advanced analytics, the company streamlines the underwriting process, making certain fast and correct quotes tailor-made to every homeowner's distinctive circumstances. Today, the insurer protects greater than 200,000 homes in almost every state, and partners with corporations similar to Xfinity, SimpliSafe, and Better Mortgage. Recently, Lemonade launched householders insurance coverage in France in partnership with BNP Paribas Cardif. Millions of occupying householders can now purchase intensive protection for his or her home and belongings, that includes the same seamless Lemonade expertise current customers have come to know and love. As an trade leader, Majesco is uniquely qualified to bridge the hole between a traditional insurance industry method and a pure digital mindset. Majesco has supported 900+ successful implementations and is trusted by eight of the highest 15 P&C and L&AH insurers.

Reinvent Forum Lisbon - is devoted to the digital transformation influencing the insurance coverage sector. Our occasion brings together industry leaders, specialists, and innovators to delve into the latest trends and strategies for enhancing customer satisfaction via progressive digital endeavors. Since its inception, Cogitate has successfully developed and applied several highly superior digital technology products to serve numerous segments of the insurance distribution value chain. Its clients embody insurance carriers, MGAs, wholesale insurance brokers, and impartial retail brokers. Recently, Sure launched Anywhere Insurance to liberate the insurance trade from the grip of incumbent-rate service organizations and legacy distributors. They additionally launched Quote Assist™ to empower insurance coverage brokers with digital instruments and generative AI to personalize quotes for purchasers.

For larger insurers, it’s a sign that you’re doing the proper factor and can prove that to your clients. Supported by greater than a hundred mixed years of complete expertise and domain data, Cogitate’s merchandise are uniquely designed to satisfy the needs of insurance companies of every dimension. ISC is made up of skilled professionals from all spheres of the insurance ecosystem and is backed by main private equity agency, KKR. Foxen was based in Columbus, OH in 2018 and is backed by main technology-focused development fairness companies Summit Partners and Level Equity. Launched in 1969, Vertafore began as an organization punching playing cards for independent agents over 50 years in the past, and has since turned this passion for know-how into a relentless pursuit.

Watch Eran Tirer, Co-founder & CEO, ⁠⁠Ledgertech pitch ‘On-demand automatic journey insurance answer launched with Menora Mivtachim & Cellcom (2023)’. Covr is backed by many leading enterprise capital corporations, including Allianz Life Ventures, Aflac Ventures, Nyca Partners, Commerce Ventures, Connectivity Capital Partners Contour Venture Partners, and Sony IGV. Businesses running Socotra expertise fast and simple implementations, effortless upgrades, and decrease TCO. The Socotra App MarketPlace™ unlocks access to the total power of the InsurTech ecosystem, and Socotra CorePlus™ provides ready-to-use, full options for private auto and householders. AgentSync lately launched ProducerSync API, a REST API that gives entry to greater than 200 data points, together with producer licensing, provider appointments, and adjuster licensing.
This award honors insurers that have effectively harnessed cell expertise to transform customer acquisition and repair. It recognizes cellular applications that excel in innovation, performance, and person expertise, driving increased income and considerably enhancing the general buyer journey in the insurance coverage business. The InsurTech Analyst platform is a particular model of FinTech Global, targeted on insurance, telematics and buyer expertise technologies. InsurTech Analyst is the main supplier of the essential information, figures and analysis required by insurers, underwriters, brokers, expertise resolution providers, investors, and expert advisors. It’s a ‘must-have’ data supply for decision-makers working in the mission-critical areas of insurance, MGAs, innovation and know-how. AI Awards claims to “recognise and celebrate the excellent achievements, innovation and collaboration within the global insurance coverage industry”.
The India InsurTech Association is a Not for Profit organization with a objective to facilitate the promotion of usage of expertise across the insurance value chain in India. Step into the spotlight and celebrate excellence with us at our prestigious ITC Asia Awards Gala Dinner. Join trade leaders, visionaries, and innovators for an unforgettable night of glamour and recognition. Elevate your community, toast to achievements, and be a half of an exclusive gathering where brilliance shines brightest.
Trusted by over 500,000 enterprise homeowners, NEXT provides insurance policies that are easy to buy and come with 24/7 access to Live Certificates of Insurance, additional insured, and extra. Revolutionizing a traditionally complicated insurance industry, NEXT utilizes AI and machine studying to simplify the purchasing course of and supply more inexpensive coverage. With the idea that better drivers deserve better protection, Root Insurance was based in 2015 in an effort to supply car insurance charges primarily based totally on driving behaviors, not demographics.
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