Hazardhub Is Delighted to Announce Our Inclusion to the 2019 Insuretech 100 – a Listing of the World’s Most Innovative Insuretech Companies. the insurtech100 for 2019 Is Announced by Fintech Global, a Specialist Research Firm.
HazardHub, the USA’s fastest-growing supplier of geospatial risk data, is delighted to announce our inclusion to the 2019 Insuretech 100 – a listing of the world’s most innovative Insuretech companies. The InsurTech100 for 2019 is announced by FinTech Global, a specialist research firm.
John Siegman, CCA of HazardHub says, “We are thrilled to be added to the InsurTech 100 list. From the beginning days of HazardHub, our goal has been to constantly invent new and more accurate data tools for our clients to appropriately judge risk. The InsurTech 100 recognition tells the world what our clients already know – if you want inventive, cutting-edge data, there’s really only one place to go. That’s HazardHub.”
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The Insurtech (insurance technology) industry has seen huge growth in the last two years as insurance companies grapple with the challenges of digital transformation and new demands from customers. Nearly $10bn has been invested in insurtech companies since the beginning of 2017.
As a result, this year’s process to identify the leading 100 companies in the insurtech space was even more competitive than last year. A panel of analysts and industry experts voted from a longlist over 1,000 companies produced by FinTech Global and the finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the insurance value chain.
Bob Frady, CEO of HazardHub adds, “HazardHub’s mission has always been simple – to have the best data available for the property industry and combine it with flexible and robust technology. We’ve designed our system to be almost infinitely scalable for both adding data and for volume. We now deliver more than 700 data elements per API call and can process millions of records per week with our AWS-based technology stack. With more than 6,000,000 API calls, another 4 million batch records, and now this inclusion to the InsurTech 100, the insurance industry has taken notice of HazardHub.”