October 9th, 2024: Newgen Software, a global provider of AI-enabled end-to-end automation at scale, added another feather to its cap by securing a spot among the industry’s top innovators in the 2024 FinTech Global InsurTech100.
The InsurTech100 list featured the 100 most innovative companies globally in the insurance sector. These next generation of solution providers were evaluated based on several criteria, including their ability to:
- leverage technology
- address industry challenges
- maximize operational efficiency throughout the value chain
Newgen offers a suite of solutions for insurers, built on its robust AI-enabled, low-code platform. These solutions have been empowering insurers to simplify policy workflows, accelerate decision-making, and achieve greater agility. Leading life and annuity, property and casualty, and auto insurers have entrusted Newgen with unifying operations across its front, middle, and back offices.
With cutting-edge capabilities, including robotics, machine learning, and generative AI, these solutions have enabled insurers to:
- streamline policy generation, issuance, and claims settlement
- simplify underwriting and policy servicing
- enhance customer journeys and engagement
- maximize ROI and drive business innovation
Speaking on the recognition, Anand Raman, EVP and COO, Newgen Software Inc., said, “Being named in the InsurTech100 is a powerful affirmation of our vision as we redefine the future of insurance technology. At Newgen, we are focused on building digital, dependable, and dynamic solutions for our customers that make a real difference—from optimizing underwriting to expediting claims and enhancing customer engagement. With our unified technology stack that cuts across processes, content, communication, and AI, insurers can unlock seamless digital experiences and scale effortlessly. This recognition motivates us to keep leading the charge into the next era of digital transformation.”
To access the complete list, please visit: www.TheInsurTech100.com
About Newgen Software Inc.
Newgen is the leading provider of AI-enabled unified digital transformation platform with native process automation, content services, communication management capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries. Newgen unlocks simple with speed and agility.
