20 Most Promising Insurance Technology Solution Providers - 2016
Today, technology has a pivotal role in improving businesses to attain a competitive advantage. In the digital era, insurance companies across the globe are in demand of newer technologies as well as digital transition for operational effectiveness, enhanced customer experience, easiness and agility. Furthermore, many insurers invest in the digital platforms to strengthen their relationships with customers and retain them.
Presently, with the advent of cloud, analytics and IoT, a colossal number of technology companies are building innovative tools to aid insurance companies for gaining and optimizing quick and accurate data. As insurance companies are investing on digital technologies, their aim is to empower significant ROI as well as cost savings while improving decision making. Therefore, they need the assistance of best of breed partners with high technical expertise and experience to improve operational efficiency, decision making, customer experience, business growth and revenue.
Nowadays, insurance industry demands apt partners to transform enterprises into agile, innovative, customer-centric insurers of the future. We at CIOReview understand the difficulties of these enterprises for spotting suitable partners who can help them to choose and optimize appropriate technology solutions. Therefore, CIOReview presents a list of “20 Most Promising Insurance Technology Solution Providers”, to manoeuvre them for embracing technology solutions and services. A distinguished panel comprising of CEOs, CIOs, industry analysts and CIOReview editorial team have scrutinized various companies before finalizing these vendors who offer innovative solutions and services to insurance enterprises for improving ROI and revenue, enhancing digital customer experience and building long term customer relationship in the insurance business ambience.
We present to you CIOTechOutlook 20 Most Promising Insurance Technology Solution Providers - 2016.
| Company Name | Company Description |
|---|---|
| Altitude Software | A provider of Contact Center Software Solutions, Help Desk, Unified customer Interaction solutions, Unified Social Media, Customer Service, Customer Experience, Omni-Channel Contact Center and... |
| Audatex Solutions | A provider of automotive claims, underwriting and information solutions to the insurance carrier, repair shop and government agency markets. |
| Basix | A provider of the advisory services, capacity building and institutional development services and project design & support services to International development agencies, Government agencies,... |
| Binary Semantics | A provider of Custom Application Engineering Solution, Product Engineering Solution, Data Analysis Solution, E-commerce Solution, RFID Solution, Telemarketing Support and Process Reengineering... |
| Cognic Systems | A provider of insurance solutions and domain expertise for projects catering to data migration from legacy systems, implementation, enterprie application development, maintenance and support or BPO... |
| Duck Creek Technologies | A provider of property and casualty insurance software and services for billing, claims, policy and ratings. |
| Ebaotech Corporation | A provider of core insurance cloud platforms and core insurance softwares for life insurance as well as general insurances. |
| Empronc Solutions | A provider of a 20 modules Enterprise Solution that enhances Financial Productivity, Compliance and Cost Savings across client organizations. |
| Green Apple Solutions | A provider of Customer Portals, Broker/Agent Portals, Administrative Portals for policy enrollments/re-enrollments , product information, sales proposals, commissions schedules, case setup... |
| Intellect Design | A provider of banking and insurance products that addresses addresses the needs of financial institutions in varying stages of technology adoption. |
| Maveric Systems | A provider of application testing, business analysis, data management, data quality, digital assurance, non-functional testing, program assurance, requirements management, service virtualization,... |
| MindCraft Software | A provider of Business Intelligence solutions and Advisor Self Service Kiosk, Customer, Employee and Agent Portal, Fraud Management System, Policy Servicing Intergration and other services to Life... |
| Mindzen | A provider of various products for various sectors like insurance broking, employee benefit vertical, automobile insurance, mobile insurance and theft insurance. |
| MintWorld | A provider of a software solution that is creditted to be the only software in Indian Insurance industry which represents entire life insurance industry on a single platform. |
| Nest Innovative | A provider of mobile application for insurance transactions, core insurance systems with CRM, sales, reinsurance, accounting and many others. |
| Ntt Data | A provider of industry specific as well as generalised insurance solutions to Property & Causality, Life & Annuity and Reinsurance companies. |
| Simson Softwares | A provider of insurance and reinsurance software for direct brokers, insurance agencies, health insurance and reinsurance brokers to track, store electronic information and logical record management |
| Tec Stub | A provider of General Liability Insurance (GLI) which is regularly consolidated with property protection in a Business Owners Policy (BOP) which entails car insurance, homeowners insurance, renters... |
| Xceedance | A provider of Insurance & Reinsurance, Data & Analytics, Technology Implementations, Project Management, Business Process Outsourcing (BPO), Core Administration. |
| Xuber | A provider of insurance software solutions for Insurers, Reinsurers, Brokers, MGAs and Healthcare providers. |