The numbers don’t lie – insurtech is driving digital transformation in the insurance industry, with investments in insurtech worldwide growing from $1 billion in 2004 to $14.6 billion in 2021, according to global management consulting firm McKinsey.
Insurance Business America’s (IBA) 5-star insurance technology providers for 2022 are thriving in this booming industry, thanks to their leading-edge technologies transforming partner and client experiences.
The IBA team identified this year’s 5-star insurance technology providers by calling for nominations. When nominating, insurtech providers explained what made their products the best in the market and why they stand out against competitors’ products. The IBA team then reached out to brokers and asked them to vote for the insurtech providers they had dealt with. The top-scoring nominees were named this year’s winners.
Vertafore USA is one of the nine insurtech companies that made it to this year’s list, thanks to its AgencyZoom and AMS360 technologies.
AgencyZoom is a smart automation solution built for insurance agencies. It enables users to build an automated customer journey from prospecting to renewals – and beyond. Meanwhile, AMS360 provides exceptional service with quick access to a comprehensive view of a client’s policy information.
See the rest of this year’s winners and find out about their outstanding insurtech by checking out the IBA 5-Star Insurance Technology Providers 2022 report.