dacadoo recognized for achievements in innovation
Zurich, November 04th, 2022: dacadoo has recently been listed on two of the most prestigious directories in the Insurtech sector that recognize excellence and innovation among cutting-edge companies.
FinTech Global’s Insurtech 100 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 and new value-adding propositions for their customers.
The process to be part of this exclusive list of innovative companies in the sector is thorough and exhaustive. It includes a research process and a series of in-depth interviews with the founders and CEOs of the shortlisted companies, from which they determine which companies excel within the established criteria and can be classified as Insurtech innovation leaders.
Strict criteria to be included in the list
The criteria assessed by the Advisory Board and FinTech Global team included the following:
- Growth, in terms of capital raised, revenue and customer traction
- Innovation of technology solution
- Potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients
- And how important is it for insurance executives to know about this company
Experts relying on the best professionals
From their side, Sønr, defined themselves as the world’s #1 startup scouting and open innovation platform designed specifically for insurance companies, have partnered up with EY and Generali to get their perspective on the world’s top 100 Insurtechs.
“A quick glance at this year’s list shows that Insurtechs recognize the urgency of change across the business, from unleashing top-line growth to boosting efficiency in back-office collaboration”, says Chris Payne, partner at EY and key analysist of this list. And he also adds: “While current market conditions may cause some observers to grow pessimistic, we believe the Insurtechs on this list will continue to energize the industry as it navigates the current turmoil to thrive in the future.”
In order to get on this influential list of innovative companies among which dacadoo stands out, a whole range of areas have been explored, with year-on-year analysis including:
- Geography, age of Insurtechs, lines of business, and segmentation
- Funding and M&A
- The impact of purpose and ESG
- Looking ahead: emerging risks, next frontiers of innovation, the rise of open and embedded insurance.
And among all these criteria selected by these two well-known companies specialized in analysis and evaluation of trends and potential changes in the insurance sector, only five companies have managed to position themselves meeting all the requirements for both recognitions. dacadoo, as an innovative, technological, and continuously improving company, has once again proven to be at the forefront of the sector.
dacadoo develops technology solutions for Digital Health Engagement and Health Risk Quantification. The Wheel of Life™ Digital Health Engagement Platform powers insurers with next-level member engagement centered around holistic health. On the other hand, utilizing advanced data & analytics capabilities, dacadoo works with leading insurers and reinsurers around the globe to improve their underwriting efforts with the help of its Health Risk Quantification technology (the dacadoo Risk Engine).
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About Fintech Global
FinTech Global is the world’s leading provider of FinTech information services, B2B media products and industry events. We inform, promote and connect FinTech buyers, sellers, investors and innovators worldwide. We serve a network of over 300,000 FinTech professionals from market leading organizations – financial institutions, technology innovators, corporate investors, venture firms and expert advisory firms. We enable them to get the information they need to make better business decisions and to connect and engage with the people and organisations they want to do business with.
For more information, please visit: www.fintech.global/about/
About Sønr
Sønr is used by some of the best-known insurance companies globally. It is a subscription-based platform that houses the world’s most comprehensive source of innovation intelligence, designed specifically for the corporate innovator.
Behind Sønr is a team of entrepreneurs, industry practitioners and consultants who have built, run and exited some of the largest companies in the world.
For more information, please visit: www.Sønr.global
About dacadoo
dacadoo, named a 2021 “Cool Vendor in Insurance” by Gartner, licenses its Digital Health Engagement Platform, including its Health Score and Risk Engine to Life & Health insurance operators (B2B), supplying Insurtech and health-tech solutions to over 35 of the top 100 Life & Health insurance operators globally.
Available in over 18 languages, dacadoo’s technology is provided as a fully branded, white label solution or it can be integrated into customers’ products through its API. Through its ‘Connect, Score, Engage’ offering, dacadoo supports Life & Health operators to motivate their clients to lead healthier lifestyles through its SaaS-based Digital Health Engagement Platform. dacadoo also provides its Risk Engine, which calculates relative risk on mortality and morbidity in real-time.
dacadoo has over 120 employees across locations in Europe, North America and Asia-Pacific and over 100 filed patents around their digital Life & Health solutions. dacadoo is entirely committed to privacy and security, hence why it designs and operates its solutions in line with industry standards, laws and regulations such as the Swiss Federal Act on Data Protection, GDPR, and HIPAA. Its Information Security and Privacy Management System is certified according to world-renowned ISO 27001 and ISO 27701 standards.
For more information, please visit www.dacadoo.com
Press contact:
Belinda Conde, Global Marketing Director.
belinda.conde @ dacadoo.com
