Genasys Recognised Among Top 150 InsurTechs by CNBC and Statista
We are proud to announce that Genasys has been named one of CNBC and Statista’s Top 150 InsurTechs for 2024. This recognition, under the Policy Administration and AdminTech category, highlights our commitment to delivering innovative insurance technology solutions that streamline operations and drive efficiency.
CNBC is a global leader in business news and financial market coverage, offering real-time financial market news and analysis. Statista, on the other hand, is a leading provider of market and consumer data, offering statistics and insights across a wide range of industries. Together, CNBC and Statista have compiled the 2024 list of the world’s top InsurTech companies, identifying those at the forefront of innovation in the insurance industry. This list is a comprehensive review of the companies driving change in the insurance sector through technology, providing a snapshot of the industry’s future.
The selection process for this prestigious list was rigorous. Statista, in collaboration with CNBC, evaluated over 1,000 eligible companies based on a series of key performance indicators (KPIs) relevant to each segment within the InsurTech space. The overarching KPIs, which accounted for 40% of the final score, included factors such as market presence, customer feedback, and overall financial performance. The remaining 60% was based on segment-specific KPIs, focusing on innovation, scalability, and the impact of the technology on the industry. The final list represents the top 150 companies globally, each making significant contributions to the evolution of insurance technology.
At Genasys, we have been pioneers in the InsurTech space for over two decades. Our cloud-based, low-code insurance software platform offers a comprehensive solution for policy administration, billing, and claims management. Built with flexibility and scalability in mind, our platform enables insurers, brokers, and MGAs to rapidly bring new products to market while managing extensive day-to-day operations with ease. Our commitment to innovation is reflected in our no-code configuration tools and best-in-class APIs, which allow our clients to stay ahead of the curve in a rapidly evolving industry.
Commenting on this recognition, Andre Symes, Group CEO of Genasys, stated:
“This accolade is a testament to the hard work and dedication of our team and partners. At Genasys, we believe in making insurance easier and more rewarding for everyone involved—insurers, MGAs, brokers, and their customers. Our mission has always been to provide the most simple-to-use, configurable, and reliable end-to-end platform, and being recognised by CNBC and Statista is a significant milestone in our journey. We will continue to push the boundaries of innovation, ensuring our clients can deliver frictionless, reliable products anywhere in the world.”
As we look to the future, Genasys remains committed to driving innovation in the insurance industry. This recognition from CNBC and Statista not only validates our efforts but also motivates us to continue delivering technology that adds real value to our clients and their customers. We are excited to continue this journey and to see where the future of InsurTech will take us.
For more information about our platform and services, or to learn how Genasys can support your business, please contact us.
