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Insurtech supplier Zywave has launched its 2022 Stewardship Report, which discusses the corporate’s most vital milestones over the previous yr.
“The workforce at Zywave is frequently in search of methods so as to add actual worth for our prospects,” stated Jason Liu, CEO of Zywave. “To attain this, in 2022, we not solely invested in our buyer expertise initiatives, but additionally in product growth and business partnerships. I’m happy with the accomplishments we’ve skilled over the previous yr, and the numerous impression it has had on our prospects’ operations and their backside line.”
Firm accomplishments from 2022 embody greater than 350 product releases and enhancements, additional funding in Zywave’s company administration portfolio by way of the acquisition of Strategic Insurance coverage Software program (SIS), and a devoted partnership with Salesforce, the corporate stated.
Highlights from the report embody:
- Strategic acquisition: Expanded portfolio of company administration system with the acquisition of SIS and its property-casualty company administration system, Accomplice Platform. Zywave now affords company administration providers for worker advantages, business and private strains
- Product innovation: Launched new products for insurers, together with Provider Content material Distribution and Provider Engagement suite
- Trade partnerships: Introduced a partnership with Salesforce that created extra environment friendly, strategic workflows to enhance shopper expertise
- Investments and worth: Offered 5 main thought management occasions on property, casualty and cyber insurance coverage and hosted greater than 100 academic occasions and webinars on important business matters. Partnered with Forrester Consulting on a Whole Financial Affect examine, which confirmed a 160% three-year return on funding for a composite enterprise that used Zywave’s providers and a complete of $6.68 million in three-year advantages
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“Zywave’s prospects can anticipate extra investments in 2023,” Liu stated. “This yr we’ll stay targeted on creating much more significant connections, each with different expertise distributors and between our shoppers, who signify each stage alongside the insurance coverage life cycle.”
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