FintechOS Wins Insurtech Company of the Year at Fintech Awards London
FintechOS, the global leader in fintech enablement, has been awarded Insurtech Company of the Year at the Fintech Awards London, recognizing its outstanding contribution to transforming the insurance industry.
London, United Kingdom – June 23, 2023 – FintechOS, the global leader in fintech enablement, has been awarded Insurtech Company of the Year at the Fintech Awards London, recognizing its outstanding contribution to transforming the insurance industry.
FintechOS is revolutionizing insurance through its innovative platform and customer-centric approach. By simplifying and accelerating the launch and servicing of financial and insurance products, FintechOS enables businesses to realize value up to 10 times faster than traditional approaches. Its platform empowers companies to bring new solutions to market in as little as 12 weeks, providing a competitive edge in today’s digital-first environment.
Legacy technology and outdated processes have hindered the insurance sector’s digital transformation. FintechOS addresses these challenges with a flexible fintech enablement platform that leverages existing infrastructure while offering clear pathways to future modernization. This approach allows insurers to continuously innovate and transform their processes, meeting customer expectations with greater efficiency and personalization.
In 2022, FintechOS experienced remarkable growth with a 300% year-over-year increase in insurance revenues and overall revenue growth of 70%. Gaining significant new clients like Admiral Insurance Group and strengthening relationships with current clients such as Howden Group have driven this revenue increase. The platform has helped insurers streamline onboarding processes to just six minutes and accelerate risk assessments from two weeks to only two hours, resulting in a 120% growth in key product lines.
Teo Blidarus, CEO of FintechOS, said, “Receiving the Insurtech Company of the Year award is a testament to our commitment to driving digital transformation in the insurance industry. We are proud to have gained the trust of renowned clients and partners, such as Admiral Insurance Group, Benenden Health, and Howden Group, and we will continue to deliver exceptional value to insurers worldwide.”
Looking ahead, FintechOS aims to expand its offering to global insurance providers, with a particular focus on the North American market. The company will continue to enhance its platform, reinforcing its position as the leading choice for insurers seeking innovation and growth.
FintechOS is the global leader in fintech enablement, providing a platform that simplifies and accelerates the launch and servicing of financial and insurance products. With a focus on speed, personalization, and ecosystem integration, FintechOS empowers businesses to achieve rapid innovation and deliver exceptional customer experiences. The company serves renowned clients and partners worldwide, including Groupe Société Générale, Admiral Insurance Group, and Howden Group.
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