TOPEKA, Kan.--(BUSINESS WIRE)--SE2, a leading technology and third-party administration (TPA) company for the North American Life and Annuity (L&A) insurance industry has been named by CIO Applications as one of the Top 25 InsurTech Companies for 2018.
The CIO Applications editorial board, along with a panel of CIOs, CEOs, CTOs and analysts, evaluated insurtech providers on their ability to assist companies in keeping pace with the technological transformation occurring in the insurance domain. Based on this criteria, CIO Applications recognized SE2’s Business-Process-as-a-Service (BPaaS) capabilities and proven track record in helping its clients evolve into digital insurers and launch new and innovative products.
“The life and annuity insurance industry is rapidly evolving from a product-centric to a customer-centric industry. SE2 uniquely combines its Aurum digital technology platform and deep industry operations expertise to drive accelerated transformation across every element of the life and annuity insurance value chain,” stated Vinod Kachroo, CIO of SE2. “We are honored to be recognized for our ability to both help insurers optimize their legacy business blocks and drive business growth with innovation.”
The award highlights SE2’s Aurum digital platform as driving efficiencies, accelerating product launches and enabling customers to profitably capture and service the mid-markets and millennials.
“We selected SE2 as one of CIO Applications’ Top 25 InsurTech Companies for 2018 because they embrace the need for modern digital technology in the insurance industry. SE2’s focus on transforming the back end has enabled its clients to rapidly launch new products and profitably acquire and service the underserved mid markets,” stated Joe Phillip, managing editor of CIO Applications. “Its Aurum digital platform enables customers to achieve the milestone developments necessary to keep pace with the technological transformation in the insurance domain.”
To learn more about the award, visit CIO Applications.
SE2, an Eldridge Industries portfolio company, is a leading technology and third party administration company focused on the North American life and annuity insurance industry. SE2 has an unmatched track record in optimizing back-office operations to future-proof insurance companies. SE2 combines peerless industry domain knowledge with a leading-edge administration technology platform to help clients launch products rapidly, improve efficiencies, shift to a variable cost model and maximize profits while dramatically improving the customers’ experience. SE2 supports more than 20 direct clients, represents more than 35 carriers in North America and services more than 1,000 life and annuity products. SE2 has approximately $100 billion in assets under administration and has been recognized as an industry-leading innovator. Visit SE2 at www.SE2.com or at LinkedIn to learn more.
About Eldridge Industries
Eldridge Industries (“Eldridge”) is a private investment firm specializing in providing both debt and equity capital. Eldridge invests across diversified industries with a focus on media and sports, insurance, real estate development, asset lending and financing, branded food and hospitality, and asset management businesses. In particular, the firm seeks to build and grow companies led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. www.eldridge.com