12 July 2022 – Leading UK InsurTech, Send Technology Solutions Ltd (Send) is pleased to announce that it has been shortlisted for two Insurance Times Tech & Innovation Awards at an upcoming ceremony in September.
The business has made the shortlist for two categories; Technology Innovation of the Year – Underwriting, and Technology Partner of the Year, awards that seek to recognise excellence in innovation to drive meaningful change in the insurance industry.
Both entries are underpinned by the success of the business’ market-leading Underwriting Workbench, launched in 2021. A SaaS and AI-enriched underwriting platform that supports and facilitates the entire underwriting process for (re)insurers and MGAs of all sizes from submission to bind, and beyond. The Underwriting Workbench provides a single system to track all risks in one place, manage bordereaux and support regulatory compliance requirements.
The innovation is driving significant results for Send’s clients who report a 50% reduction in processing time, 30% more time to focus on core work, and decision-making in record time.
Co-founder and CEO Ben Huckel commented;
“We are absolutely ecstatic to be shortlisted for these two awards. We know our customers love our platform and are generating real business benefits, but to gain wider recognition from the judging panel is the icing on the cake. We pride ourselves on our ethos of continuous innovation and have close working partnerships with our customers to deliver the services and capabilities they need to write better risks, more efficiently.”
The awards ceremony will take place on 22nd September in London. Good luck to all the finalists!