Aventus secures its spot in the
Global Top 100 Insurtechs

 

We are delighted that our customer-centric insurtech platform enabling insurers and brokers to distribute insurance products via APIs through any channel, is recognised in this year’s Insurtech 100 list released today. 

The list is compiled by specialist research firm FinTech Global and identifies the world’s most innovative solution providers addressing the digital transformation challenges and opportunities within insurance. According to FinTech Global, the selection process was exceptionally competitive this year as over 1,200 innovative InsurTech companies were evaluated by an independent panel of analysts and industry experts to produce the Insurtech 100. 

The finalists are recognised for innovative use of technology to solve a significant industry problem, to generate cost savings and efficiency improvements across the insurance value chain.

The Insurtech (insurance technology) industry has grown tremendously over the last three years as insurance companies grapple with the challenges of digital transformation and remote communication post-Covid-19. As a result, this year’s process to identify the leading 100 companies in the InsurTech space was more competitive than ever. 

Peter Goodman, CEO & Founder of Aventus, says: 

“The team are incredibly proud to be in this year’s Insurtech 100 list.  From our launch in February this year, we have worked quickly and taken the market by storm. We already have customers in the UK, US and Australia.”

“Our platform connects Insurers, MGAs, and Schemes Specialist Brokers to a wider ecosystem to give them a clear customer view.  Getting rid of data silos and disparate systems that choke the insurance process. The market is now seeing how our technology is giving them an affordable route to developing making data work for them to delight their customers and enabling upsell and cross-sell.”

The Aventus platform enables real-time analytics, taking customer data, third party and the insurer’s data, to give a 360° customer view. For example, the Aventus APIs create marketing triggers to the distributor and the provider, enabling them to return a quote estimate in real-time, tailored for the individual. Cross and up-selling is made easy, one-click insurance purchases is a reality.

Peter Goodman continues: “As an API led Insurtech we are challenging and reimagining the insurance proposition. Over 50 integrations are already available through our platform. Our cornerstone customers are using these in the US, Australia and the UK. Insurance companies yet to modernise will be left behind.”

FinTech Global director Richard Sachar said: “Established insurance companies need to be aware of the latest innovation in the market to remain competitive in the market post-Covid-19 which is heavily focused on digital distribution and increased use of customer data.  The InsurTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as underwriting, pricing, IoT devices, customer experience and data & analytics.”

The full list of the InsurTech100 can be found at www.TheInsurTech100.com. More detailed information about the companies is available to download for free on the website.

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