Revealed – the best insurance technology and software providers of 2024

Revealed – the best insurance technology and software providers of 2024

Revealed – the best insurance technology and software providers of 2024 | Insurance Business Canada

Technology

Revealed – the best insurance technology and software providers of 2024

Selection based on broker outlook and insights from industry experts

Technology

By
Roxanne Libatique

Insurance Business (IB) has revealed the companies that made it to its Global 5-Star Technology and Software Providers list for 2024.

This annual recognition highlights the top-performing companies in the insurance technology (insurtech) sector that are delivering critical solutions to the industry.

Global 5-Star Technology and Software Providers list for 2024

To identify the top insurtech companies for 2024, IB employed a comprehensive 15-week evaluation process.

The research involved consulting with industry experts, conducting one-on-one interviews with brokers, and surveying thousands within IB’s global network to collect insights on the most effective market solutions.

During this period, technology providers were invited to nominate their products, detailing their key features and competitive advantages. Based on this feedback and market analysis, 25 companies were ultimately selected as 5-Star Insurance Technology Providers.

The selection was based on broker feedback and industry expert opinions, reflecting the significant impact and reliability of these companies in the insurtech landscape.

Canada’s 5-Star Technology and Software Provider for 2024

One of the companies recognised this year is BOXX INSURANCE (BOXX), a global cyber protection and insurance provider headquartered in Canada with offices in Toronto, Miami, Zurich, Dubai, and Mumbai.

The privately held company is celebrated for its efforts in helping clients and partners predict and prevent cyber threats.

BOXX sets itself apart in the industry with its unique approach to cyber insurance, focusing on predict, prevent, and insure strategies. This approach helps businesses and individuals stay ahead of cyber threats. The company leverages its advanced technology solutions and Cyberboxx product range to:

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make its cyber insurance and security solutions easily accessible for brokers, consumers, and partners across multiple distribution channels;
offer personalized customer service with real underwriters and claims teams; and
provide 24/7 support from its HackbustersTM team, composed of cybersecurity experts who assist in containing cyber incidents and responding to breaches.

See the full list of winners across the globe by reading the IB 5-Star Technology and Software Providers 2024 special report.

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