iPipeline® – a leading provider of low code / no code content-enabled digital solutions and services to the life insurance and financial services industry – today announced it has been selected as a winner of the 2021 Global InsurTech100 Award. A panel of industry analysts and experts, who reviewed companies’ applications and research on more than 1,400 InsurTech (insurance technology) companies within FinTech Global’s database, selected 100 winners around the world.
iPipeline offers UK financial product providers and advisers a range of technology to serve its customers more efficiently with greater data and management information. The technology includes distributor portals, SolutionBuilder and AssureWeb®, which process approximately 50% of all UK intermediary sales, and the SSG Digital® Platform, which has processed more than 3.7 million policies across protection insurance, savings, and investments and currently processes more than 30% of UK new protection policies.
Ian Teague, UK Group Managing Director at iPipeline, said: “We’re pleased to be one of the 2021 Global InsurTech100 Award winners. We have focused on bringing innovative global technologies of significance that streamline and accelerate business processes to the UK insurance market. The outcome is increased premiums, reduced costs and improved operational efficiencies that fuel growth for our provider and adviser customers in today’s highly competitive insurance marketplace.
“New digital models are required to remain competitive in today’s tough selling environment. Our SSG Digital® Platform is the most extensive end-to-end platform available in the UK, offering our customers extensive flexibility and levels of customisation and bespoke data matched to their unique business needs across all areas of financial services beyond insurance.”
About the InsurTech100 Award
The InsurTech100 is an annual list of 100 of the world’s most innovative InsurTech companies selected by a panel of industry experts and analysts. These are the companies every leader in the insurance industry needs to know about as they consider and develop their digital transformation strategies. The previous InsurTech100 lists received widespread attention. Companies that won places on the lists generated huge awareness among insurance firms and the wider insurance community. Many were approached directly by financial institutions while others got a more welcome reception from prospective clients and partners.