QOMPLX is honored to be included in the InsurTech100 list published today by FinTech Global. The award recognizes the most innovative InsurTech companies serving the insurance industry.
QOMPLX's Underwriting Decision Platform, part of the Q:INSURANCE suite of solutions, was recognized specifically for its ability to support automated underwriting rule and model implementations.
The backbone of QOMPLX's solution is Q:OS, creates a unified data fabric that provides superior data processing capabilities. Q:OS allows QOMPLX customers in the insurance industry to ingest, store, search and analyze massive amounts of data at enterprise scale. It is easily configured and integrated with policy management systems of record.
Most insurance technology stacks are a mismatched assortment and consist of systems that struggle to work in concert and lack analytics horsepower. With QOMPLX's technology, insurers can quote and bind risks more effectively and quickly, reducing operational expenses.
Q:OS provides cloud-native data analytics capabilities that complement existing systems and technologies.Q:OS's advanced portfolio management features support a broad view of risk, assisting with strategic decisions on performance and accumulation management.
This year's InsurTech 100 list includes nominees from across the globe. Winners were chosen by an expert advisory board charged with identifying companies that are solving problems and having a revolutionary impact in the insurance industry.
Download the full InsurTech100 list (PDF).