Source: GlobeNewswire
Companjon, a leading insurtech start-up specializing in end-to-end, dynamic embedded insurance solutions, was recognized on the 2024 InsurTech100, its fourth consecutive year of inclusion on the list.
In the last year alone, the company launched its dynamic insurance products, signed new partnerships with major banking and mobility brands Erste Bank, Omio, and Carwiz, expanded the geographic footprint of their solutions to protect customers in the US and UK, and is on track to quadruple last year’s 33 million generated transactions. The dynamic insurance products, which utilize machine learning and artificial intelligence on consumer behavior to offer the right level of coverage at the right time for the right price, are an insurance industry first.
Companjon CEO, Matthias Naumann, said: “We are delighted to once again be recognized as one of the world’s most innovative insurtechs with our fourth consecutive inclusion on the InsurTech100 list. The 2024 recognition is particularly rewarding as we round out a banner year for our business with the introduction of boundary-breaking dynamic solutions, expansion into new geographies, and collaboration with more big, leading brands. Companjon’s success can be attributed, with thanks, to our business partners, who also endeavor to go where none have gone before, and our incredibly diverse and talented team.”
FinTech Global CEO, Richard Sachar, said: “We congratulate Companjon on its fourth consecutive appearance in our InsurTech100 list. We have had the pleasure of watching Companjon achieve proof of concept in its earliest days and emerge as one of today’s leaders in the insurtech space. We applaud Companjon’s contribution to transforming the insurance industry, particularly with its dynamic insurance products launched earlier this year. We look forward to seeing what the next year has in store for them.”
Companjon seeks to change the way people think about insurance. The company has implemented a variety of fully digital and frictionless insurtech products with leading, globally recognized brands in the travel, mobility, live events and entertainment, and fintech sectors. Its unparalleled end-to-end solutions, which include the unique ability to serve as its own underwriter and risk carrier, delight their business partners’ customers with protection that provides the ultimate in flexibility and convenience across 32 countries in Europe and North America.
Read the full article: https://www.globenewswire.com/news-release/2024/10/09/2960694/0/en/Companjon-achieves-fourth-consecutive-world-s-most-innovative-insurtechs-recognition-from-FinTech-Global.html
