October 9, 2024 – Oslo, Norway : Specialist research firm FinTech Global has released the latest edition of its influential InsurTech100 list, highlighting Simplifai as a leading innovator in developing solutions to the critical challenges facing the insurance sector over the coming years.
InsurTech100 honors Companies transforming the Insurance Industry The InsurTech100 is an annual list highlighting 100 of the world’s most innovative InsurTech companies, chosen by a panel of seasoned analysts and industry veterans.
The criteria assessed include the significance of the problem solved, company growth, innovation, potential cost savings and efficiency improvements, and the importance of the company for insurance executives to know.
"The InsurTech100 is a vital resource for industry leaders looking to stay ahead of the curve. The companies that have worked their way onto the list are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation in this dynamic marketplace." Richard Sachar, CEO Fintech global Despite the recent challenges in the macroeconomic and funding environment, the InsurTech industry has demonstrated remarkable resilience, achieving strong year-on-year growth. As a result, this year’s competition for a spot on the InsurTech100 list has been the most competitive to date.
With over 2,100 companies vying for a spot on this year’s list, it is an honor to be recognized among the best. Being part of the InsurTech100 highlights Simplifai's commitment to transforming the industry with AI-powered automation, helping insurers overcome operational challenges, streamline operations, reduce manual effort, and boost productivity—all while maintaining a customer-centric approach.
“ As industry leaders refine their technology strategies, these companies are playing a pivotal role in shaping the future of insurance. The solutions they offer—ranging from artificial intelligence and machine learning to telematics—are changing the game across the sector.” - Richard Sachar, CEO Fintech global. “We’re honored to be named among the world’s most innovative InsurTech companies. This recognition highlights our commitment to helping insurers streamline operations and enhance customer experiences through AI-driven automation. We’re excited to continue driving innovation in the industry as it navigates digital transformation.” – Bård Myrstad, CEO Simplifai A full list of the InsurTech100 for 2024 can be found at www.TheInsurTech100.com .
About Simplifai Simplifai delivers off-the-shelf AI automation solutions that empower Insurance businesses to optimize operations and drive growth by efficiently and accurately processing customer inquiries and claims, leading to significant cost savings, increased customer satisfaction. With a user-friendly approach, Simplifai enables companies to leverage AI technology effectively in full compliance with GDPR and industry standards.
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