IQumulate Premium Funding was named one of Insurance Business's 5-Star Insurance Innovators 2023 winners.
Insurance Business's 5-Star Insurance Innovators special report recognises insurance companies in Australia and New Zealand that are moving the insurance industry forward, whether by introducing new technology or launching a groundbreaking product or distribution channel strategy.
IQumulate empowers businesses to spread out the cost of insurance over time, providing better cash flow management. It works closely with more than 600 brokers to serve more than 75,000 businesses and is committed to being the premium funder of choice for the Australian and New Zealand insurance markets.
In an interview with Insurance Business, Graeme Gordon, head of sales at IQumulate, said the company stood out for approaching innovation with a proactive and forward-thinking mindset.
“We prioritise embracing cutting-edge technologies, creative problem-solving, and continuous improvement to enhance our premium funding solutions and provide exceptional value to our clients,” Gordon said. “This ethos drives us to stay ahead of industry trends, explore new avenues, and adapt swiftly to changes, fostering a culture that values innovation as a cornerstone of our business practices.”
One of the company's innovations is its IQEdge solution, a one-stop online quoting tool designed for the Australian and New Zealand markets. It delivers quotes in under 60 seconds and offers quote comparison and quote versioning capabilities, enabling users to review vital historical and financial data in a single page view during conversations with their customers in real time.
Learn more about IQumulate and its innovations, along with the full list of the most innovative insurance companies in Australia and New Zealand for 2023, by reading the Insurance Business 5-Star Insurance Innovators 2023 special report.
