Insurtech supplier Zywave has launched its 2022 Stewardship Report, which discusses the corporate’s most important milestones over the previous 12 months.
“The group at Zywave is frequently on the lookout for methods so as to add actual worth for our clients,” mentioned 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 trade partnerships. I’m happy with the accomplishments we’ve skilled over the previous 12 months, and the numerous impression it has had on our clients’ operations and their backside line.”
Firm accomplishments from 2022 embrace greater than 350 product releases and enhancements, additional funding in Zywave’s company administration portfolio by the acquisition of Strategic Insurance coverage Software program (SIS), and a devoted partnership with Salesforce, the corporate mentioned.
Highlights from the report embrace:
- Strategic acquisition: Expanded portfolio of company administration system with the acquisition of SIS and its property-casualty company administration system, Associate Platform. Zywave now presents company administration providers for worker advantages, business and private strains
- Product innovation: Launched new merchandise for insurers, together with Service Content material Distribution and Service Engagement suite
- Business partnerships: Introduced a partnership with Salesforce that created extra environment friendly, strategic workflows to enhance consumer expertise
- Investments and worth: Offered 5 main thought management occasions on property, casualty and cyber insurance coverage and hosted greater than 100 instructional occasions and webinars on vital trade matters. Partnered with Forrester Consulting on a Complete Financial Impression 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 clients can count on extra investments in 2023,” Liu mentioned. “This 12 months we’ll stay centered 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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