The numbers don’t lie – insurtech is driving the digital transformation of the insurance industry, with global investment in insurtech growing from $1 billion in 2004 to $14.6 billion in 2021, according to global management consultancy McKinsey & Company.
US insurance businessThe (IBA) 2022 5-Star Insurtech Providers thrive in this booming industry thanks to their leading technologies that transform partner and customer experience.
The IBA team has identified this year’s 5-star Insurtech Providers through a call for nominations. When nominated, the insurtech provider explained what makes their product the best in the market and why they stand out from the competition’s offerings. The IBA team then contacted the brokers and asked them to vote for the insurtech providers they had dealt with. The highest-scoring candidates are named this year’s winners.
Vertafore USA is one of nine insurtech companies to make this year’s list, thanks to its AgencyZoom and AMS360 technologies.
AgencyZoom is an intelligent automation solution for insurance agencies. It enables users to build automated customer journeys from lead to renewal—and more. At the same time, AMS360 provides excellent service with quick access to a comprehensive view of customer policy information.
Check out this year’s other winners and learn about their outstanding insurtech by checking out the IBA 5-Star Insurtech Providers 2022 report.