The simplest (yet perhaps the greatest) characteristic that InsurTech brings to insurance is “change” – in product innovation, in customer experience, in processing, in speed and agility. InsurTech is a touchstone for the digital transformation of insurance in Canada.
Whether they are new startups or long-time incumbents transforming into InsurTechs, whether they are businesses processing insurance or InsurTech(nology) providers, InsurTechs are at the heart of the dramatic changes that we are seeing in this industry.
Insurance-Canada.ca’s InsurTech Spotlight showcases a growing number of insurance practitioners and InsurTech(nology) providers. Each submission has been added into the sortable table below, with a link to an expanded description.
This week we are shining the Spotlight on:
Chisel’s purpose-built AI solution for commercial insurance reads unstructured data 400 times faster than a human, with greater accuracy. Our advanced AI platform and intelligent workflows automate high-volume, mundane processes such as policy-checking, quote comparison, submission triage and submission prioritization. By digitally transforming routine activities, commercial insurance carriers and brokers can double their business and deliver a better customer experience without adding staff. Learn more.
To participate, request and complete the submission form. Qualifying submissions will be added to the Spotlight index and shared with our online audience via the Chronicle newsletter.
Follow the latest developments on Twitter with #InsurTechSpotlight.
In The Spotlight Now:
(Click a column heading to resort the table.)
| Entry | Business Type | Insurance Area | Maturity |
|---|---|---|---|
| Chisel | Technology provider | P&C – Commercial | 3Startup (<3 years) |
| Apollo Exchange | Insurance practitioner hybrid | P&C | 3Startup (<3 years) |
| Bobtrak | Technology provider | Both P&C and L&H | 2Emerging (not in production) |
| ClientDesk | Technology provider | P&C | 3Startup (<3 years) |
| Skopenow | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| BrokerLift | Technology provider | P&C | 3Startup (<3 years) |
| AKA Broker | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| InsureVue by Click Capital | Technology provider | P&C | 4Mature (>3 years) |
| Finaeo | Insurance practitioner hybrid | L&H | 3Startup (<3 years) |
| InsureToday | Insurance practitioner | P&C | 3Startup (<3 years) |
| ProNavigator | Technology provider | Both P&C and L&H | 3Startup (<3 years) |
| Insurego | Insurance practitioner | P&C | 2Emerging (not in production) |
| Aha aha insurance | Insurance practitioner | P&C | 3Startup (<3 years) |
| Mavro Imaging | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| Swift Digital Insurance | Insurance practitioner | P&C | 3Startup (<3 years) |
| Eddy Solutions | Technology provider | P&C | 3Startup (<3 years) |
| Plasmatic Technologies | Technology provider | P&C | 3Startup (<3 years) |
| Slice Labs | Insurance practitioner hybrid | P&C | 3Startup (<3 years) |
| Trufla Technology | Technology provider | P&C | 3Startup (<3 years) |
| Alert Labs | Technology provider | P&C | 3Startup (<3 years) |
| Volyse | Risk management & travel health | L&H | 3Startup (<3 years) |
| FindBob | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| PolicyAdvisor | Insurance practitioner | L&H | 3Startup (<3 years) |
| Red Planet Software | Technology provider | P&C | 4Mature (>3 years) |
| FRISS | Technology provider | P&C | 4Mature (>3 years) |
| Zensurance | Insurance practitioner | P&C | 3Startup (<3 years) |
| Foxquilt | Insurance practitioner | P&C | 3Startup (<3 years) |
| Messagepoint | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| Element AI | Technology provider | P&C | 3Startup (<3 years) |
| BiiCanada | Process services provider | P&C | 3Startup (<3 years) |
| JAUNTIN’ | Technology provider | Both P&C and L&H | 2Pivoting |
| Goose Digital | Technology provider | P&C | 4Mature (>3 years) |
| Bene-FIX | Insurance practitioner hybrid | L&H | 3Startup (<3 years) |
| PolicyMe | Insurance practitioner | L&H | 3Startup (<3 years) |
| Prolego.ai | Technology provider | L&H | 2Emerging (not in production) |
| Quadient | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| LowestRates.ca | Lead generation | P&C | 4Mature (>3 years) |
| Breathe Life | Technology provider | L&H | 3Startup (<3 years) |
| Crawford Technologies | Technology provider | Both P&C and L&H | 4Mature (>3 years) |
| FormHero | Technology provider | Both P&C and L&H | 3Startup (<3 years) |
| Sonnet Insurance | Insurance practitioner | P&C | 4Mature (>3 years) |
| BluInsurance | Technology provider | P&C | 3Startup (<3 years) |
Submissions
For submission criteria and more information, see InsurTech Spotlight Submissions.
