28 October 2022 — We’re honored that CoverGo was selected for the InsurTech100 list for 2022 as one of the world’s most innovative insurtech companies by FinTech Global, a renowned specialist research firm.
The fifth annual InsurTech100 list recognizes innovators and pioneers for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the insurance value chain.
The insurance industry has undergone dramatic changes in recent years driven by the increased use of digital channels and shifting customer expectations. InsurTech (insurance technology) companies have been at the forefront of tackling those challenges with the sector predicted to grow at a CAGR of 46%, to reach a market size of $114bn by 2030.
According to FinTech Global, the process to identify the 100 InsurTech innovation leaders this year was more competitive than ever. A panel of analysts and industry experts voted from a long list of over 1,800 companies produced by FinTech Global.
For us, it’s a great recognition of our cutting-edge no-code insurance platform for P&C, health, and life and all the hard work that our growing team puts into building and enhancing it every day.