CHICAGO (April 2, 2019) – Snapsheet, the leading provider of virtual claims technology for the personal and commercial insurance marketplace, was named to the claims category of the Oxbow Partners 2019 InsurTech Impact 25, a list revealing the 25 technology-led businesses believed to be well positioned to have a major impact on the European insurance industry.
“We are honored to be recognized by Oxbow Partners on their 2019 InsurTech Impact 25 list,” said Jamie Yoder, president at Snapsheet. “Our partnership with Zurich and recent international expansion positions Snapsheet to have a major impact on the insurance industry across the globe. The ease and innovation of our platform changes the way claims are being handled, allowing carriers to better engage customers while improving the speed and efficiency of the claims process.”
Chris Sandilands, a partner at Oxbow Partners and the report’s lead author, added: “InsurTech is continuing to evolve. We’re seeing some business models, such as pricing analytics mature, and some really interesting propositions targeting personal lines and SME emerge. We’re happy that hype around possible disruption has calmed over the last year, and that leading insurers and brokers are now taking a considered approach to the opportunities InsurTech offers them.”
Impact 25 Members were selected by Oxbow Partners based on an assessment of the impact and sustainability of their strategy, execution capabilities and existing traction. The report highlights examples of collaboration with the traditional insurance market, including data and analytics for risk selection and pricing, specialist insurance systems for certain products or channels, and claims.
Snapsheet is the leading provider of virtual claims solutions. Using powerful technology to improve workflows for more than 70 insurance carriers around the world, Snapsheet creates a simple claims process starting with virtual estimations and continuing through final repairs and payment. By streamlining communication between consumers, shops, and carriers, Snapsheet takes complicated processes and makes them fast and simple for everyone involved. For more information, please visit https://www.snapsheetclaims.com/.