Impressive growth stats and a geenral update from Instanda;
INSTANDA has seen impressive growth in the past year. Gross Written Premium (GWP) growth has reached 70% from July 2020 – 2021 (in comparison to July 2019 – 2020) and INSTANDA has so far signed 12 new clients this year, totalling 70 active client contracts. Recent successes in new territories such as the UAE, and progress towards collaboration with new clients in Japan, mark the extension of INSTANDA’s influence to global markets.
Aiding INSTANDA in its mission to simplify and speed up the underwriting process is the Microsoft Azure Marketplace, of which INSTANDA has been a member for almost a year. The online market enables businesses to test, purchase, and implement the software and services they need to build new solutions.
Greg Murphy, Vice President of North America at INSTANDA, sees the collaboration with Microsoft as a natural step forward. “We have seen the power of having Microsoft in our corner and are excited to pursue opportunities together in the insurance marketplace,” he says. “With the strength of Microsoft and the insurance experience of INSTANDA, we can help the insurance industry move towards a digital focus.”
Helen Williams, INSTANDA’s UK Marketing Lead, also believes strongly in the benefits of the collaboration with Microsoft. “By building your business on INSTANDA, you are safe in hands,” she says. “Microsoft’s integrated cloud services have revolutionized the business world through the Azure platform. Microsoft Azure provides impressive levels of scalability, cost-effectiveness, and security. Benefits include scalability in demand, cost efficiency and rapid deployment.”