Insuritas Recognized as InsurTech 100 Member by FinTech Global
October 24, 2019 – For the second consecutive year, Insuritas has been recognized as one of the world’s most innovative providers of digital insurance solutions by FinTech Global. Their 2019 list recognizes the Top 100 companies globally demonstrating the innovative use of technology to reimagine insurance.
“We are proud to be recognized for our work as the first insurance ecosystem platform to engineer connections between a massive amount of insurance buyers and dozens of insurance carriers competing for their business,” said Jeff Chesky, Chairman & CEO of Insuritas. “Through our innovative use of technology, we are helping our financial institution partners ensure that their end users are able to secure the right coverage at the right price for all of their insurance needs.”
InsurTech100’s panel of industry experts vetted FinTech Global’s analysis and research of 1,000 InsurTech companies across the globe. Those recognized in the final selection have demonstrated a potential cost savings, efficiency improvement or impact on the customer value chain, or generated revenue enhancements to the insurance model.
As a nominee for the second consecutive year, and a recognized industry leader for 20 years, Insuritas was a featured winner in FinTech Global’s research. Insuritas’ leadership provided more perspective on the opportunities they see in the InsurTech space.
“One of the widest gaps between consumer expectations and reality today in the InsurTech vertical is in the insurance shopping experience,” said Matt Chesky, Insuritas’ President. “Many of the newer innovations in the distribution side of InsurTech are focused exclusively on digitizing a traditionally analog shopping experience, but don’t necessarily solve for some of the other frictions inherent in that process. We think that building an omni-channel insurance ecosystem, that incorporates world-class InsurTech to reduce those frictions, or even eliminate the need for users to shop for insurance, represents one of the most scalable opportunities in the space.”
To review FinTech Global’s detailed company profile and thought-leader interview visit the InsurTech100.
Insuritas’ mission is to connect people to the insurance products they need through a seamless, transparent shopping experience where carriers compete to provide them with the right coverage at the right price. The Insuritas meta-agency platform, deployed across a network of partners serving over 10M customers nationally, empowers financial institutions to leverage proprietary data-mining techniques and integrations with a broad array of insurance carriers to make highly personalized, digitally optimized insurance offers to their depositors, all within their brand. These strategies help further their commitment to the financial well-being of their customers, while driving a critical source of non-interest income for their institution.
About FinTech Global
FinTech Global provides superior data, independent insights and the most powerful analytical tools available for the entire FinTech industry. They work with market leaders in the FinTech industry – investors, expert advisers, innovative companies and financial institutions – and enable them to get the essential intelligence they need to make superior business decisions. For additional information, visit Fintech Global.
The InsurTech100 is an annual list of 100 of the world’s most innovative InsurTech companies selected by a panel of industry experts. These are the companies every leader in the insurance industry needs to know about as they consider and develop their digital transformation strategies. For additional information, visit TheInsurTech100.com.