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- The modern B2B2C insurance solutions provider is one of 150 companies recognized after an independent analysis and evaluation based on key performance indicators of the global InsurTech market.
- Companjon is one of 30 companies awarded in the “Marketing, Sales and Distribution” sector, specialized in technology insurance that aims to drive business growth and customer satisfaction.
DUBLIN, Aug. 14, 2024 (GLOBE NEWSWIRE) — Companjon, a leader in modern, embedded B2B2C insurance solutions, has been named to CNBC’s “The World’s Best Insurtech Companies 2024” report. The inaugural publication evaluated the companies shaping the future of the insurance industry after an in-depth study of relevant, growth-focused KPIs by a team of analysts at independent firm Statista. Companjon was one of 150 companies to receive the award out of more than 1,000 eligible companies.
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Companjon is one of 30 companies specifically honored in the “Marketing, Sales and Distribution” sector, which are insurtech companies that aim to drive business growth and customer satisfaction by providing innovative tools and infrastructure to improve the way insurance products are launched, marketed, sold and distributed.
The company has had a challenging year so far, recently expanding its geographic reach beyond the EEA to include end customers in the US and UK. Companjon also introduced the first “dynamic insurance” products to market in February, which leverage advanced technologies such as machine learning and artificial intelligence to personalize and optimize insurance offerings – resulting in the right product, at the right price, in the right place for the end customer.
Companjon CEO, Matthias Naumann, “We are very proud to be recognized by leading media outlet CNBC, through the assessment conducted by leading market research firm Statista, as one of the best insurance technology companies in the world this year. Our strong and increasing growth over the past two years is a testament to the value we deliver to our business partners, creating new incremental revenue and delighting their end customers. We are grateful for their collaboration with our team who have helped drive the innovation happening within our business, taking us from proof of concept to proof point,” he said.
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Founded in 2020, Companjon seeks to change the way people think about insurance. The company has seen rapid growth in the past year, achieving over 33 million transactions in 2023. It has launched a variety of modern and modular insurance technology solutions with globally recognized brands in the events, entertainment, mobility, e-commerce and fintech sectors. Its unparalleled solution design leverages cutting-edge technologies, such as artificial intelligence, to delight customers of its business partners in 32 countries and counting.
About Companion Company
Companjon is a leading B2B2C insurance technology startup specializing in fully embedded, AI-powered digital insurance. Its modern, end-to-end insurance solutions enable companies to delight their customers and drive more business value through stronger brand loyalty and new incremental revenue opportunities. Companjon designs, builds, and overlays its dynamic pricing solutions on a 100% cloud-based platform capable of issuing 32,000 policies per second, easily integrates API gateways, and leverages the latest advanced technologies. It has been recognized as one of the World’s Best InsurTechs for 2024 by CNBC and one of the World’s Most Innovative InsurTechs by FinTech Global for three consecutive years (2021-2023), among other awards.
Companjon aims to change the way people think about insurance by creating seamless and positive experiences when things don’t go as planned: being there when “life” happens. The company is registered in Ireland and regulated by the Central Bank of Ireland.
www.companjon.com
Media Contact:
Kimberly Littlefield
+353 (0)86 107 0416
Click on @companjon.com
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