Top Insurtech Companies in APAC
Since the insurance industry has opened itself to FDI and other regulatory changes, the country has witnessed increased participation of the private sector insurance companies. For a long time, the traditional insurance business model has proved to be remarkably resilient. However, this is the time they are a-changing.
The current insurance marketplace is flooded with various technologies, influenced by IoT and data analytics. Insurance companies are turning toward blockchain, augmented reality, Artificial Intelligence (AI) and Robotic Process Automation (RPA) to streamline business processes and operations. This digitalization trend is driving a change in the operating and business models of insurers, creating new InsurTech partnerships through disaggregation in the insurance value chain. Opting for an apt Insurance Technology Service provider will allow insurers to manage risk, improve subscriber loyalty and optimize sales opportunities in better ways.
To help companies navigate through the best-breed insurance technology solutions provider Insurance CIO Outlook has compiled this edition on top 10 tech consulting/services for life insurance. Through a distinguished panel comprised of CIOs, VCs, industry analysts, Insurance CIO Outlook’s editorial group, we have evaluated and shortlisted 10 consulting/services organizations that have significantly stood out as some of the most prominent players in the insurance technology arena for the year 2019. The organizations featured in this issue through their business knowledge and industry prowess have established their eminence in the insurance technology sector.
We present to you Insurance CIO Outlook’s “Top 10 Tech Consulting/Services for Life Insurance 2019.”
VersiTrax
Provides organizations with solutions that are innovative, accurate, reliable, and secure to simplify their compliance and risk mitigation needs
Check this out: VersiTrax
VillageMD
Enables primary care providers to have a greater focus on proactive care and direct more resources for patients needing extra support outside of the office visit
Check this out: VillageMD
XSOLCORP
A technology company that provides consultancy services for the insurance industry, XSOLCORP designs creative solutions to let clients leverage their legacy apps
Check this out: XSOLCORP
ACI Clinical
ACI Clinical provides specialty advisory services including Endpoint Adjudication Committees and Data Monitoring Committees along with biometrics and safety consulting
Check this out: ACI Clinical
HawkSoft
HawkSoft is a leader in management systems for agencies that want effective workflows and a delightful experience for staff and policyholders
Check this out: HawkSoft
Insurity
By combining a deep understanding of the insurance business and technology expertise into a singular focus, the company empowers its clients with innovative and flexible technology that allows them to meet their business goals and offer a simplified insurance experience
Check this out: Insurity
Life.io
A digital engagement and loyalty platform that helps acquire, retain, and grow customers
Check this out: Life.io
Sapiens [NASDAQ:SPNS]
Offers digital software platforms, solutions, and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers’ compensation and financial markets
Check this out: Sapiens [NASDAQ:SPNS]
Vertafore
Vertafore provide exceptional service and powerful insurance technology so insurance agencies and brokers can focus on what matters to them
Check this out: Vertafore
Zipari
Zipari is the only consumer experience technology company to exclusively specialize in health insurance and offer native understanding of the industry
Check this out: Zipari
