Fintech / Insurtech

P&C Insurance - Robotic Process Automation (RPA)

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER

What is P&C Insurance - Robotic Process Automation (RPA)?

Robotic process automation (RPA) solutions aim to automate repeatable business processes and operations across insurance.

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Leaders

Leaders are the most established service providers in the market and possess the breadth to address various customer needs.

See why these companies made it as leaders for P&C Insurance - Robotic Process Automation (RPA). These companies include Kofax and WorkFusion.

Kofax logo
Kofax

United States / Founded Year: 1985

Kofax is a provider of smart process applications software and related maintenance and professional services for the critical First Mile of interactions between businesses, government agencies and other organizations and their customers, citizens, vendors, employees and other parties. The First Mile represents those initial information-intensive interactions customers have with organizations. The company's software enables organizations to design, deploy, and operate comprehensive systems that create an essential link between systems of engagement, which generate real time, information-intensive communications from constituents, and systems of record, which are typically large scale enterprise applications and repositories used to manage internal operations. Its software is designed to streamline critical information processing, which allows users to be more responsive to constituents and is intended to enable customers to provide better service, gain competitive advantage and grow organizations while reducing costs and improving regulatory compliance. The company was founded in 1985 and is based in Irvine, California.

Known Partners

Google, AITHERAS, Brother, and 2 more

Key People

Markus Ament

WorkFusion logo
WorkFusion

United States / Founded Year: 2011

WorkFusion's AI-driven automation and RPA software creates and manages software robots for knowledge work. The company's technology automates business processes by combining AI, RPA and people in one platform. Enterprises in banking and financial services, insurance, healthcare, consumer products, utilities, telecom, retail and more can use WorkFusion to reduce their total costs, up-skill their workforce and to use AI to overcome the complexity of transforming and growing a business.

Key People

Max Yankelevich, Michael Abramchyk, Adam Famularo, and 2 more

Automation Anywhere logo
Automation Anywhere

United States / Founded Year: 2003

Automation Anywhere is a cognitive robotic process automation platform that uses software robots to automate business processes not automated by traditional technology platforms. Its Intelligent Digital Workforce Platform combines cognitive automation and analytics, driving productivity and business process accuracy with near-zero error rates.

Highfliers

Highfliers are the most innovative service providers in the market and possess the resources to address evolving customer needs.

See why these companies made it as highfliers for P&C Insurance - Robotic Process Automation (RPA). These companies include Laiye and Skan.

Laiye logo
Laiye

China / Founded Year: 2015

Laiye Technology (Lai Technology or Laiyi Technology) merged with Orson Technology in 2019 to develop UiBot which does enterprise robotic process automation coupled with AI. Laiye Technology was founded in 2015 and is based in Beijing, China.

Key People

Yichuan Hu, Yichuan Hu, Guanchun Wang, and 2 more

Skan logo
Skan

United States / Founded Year: 2018

Skan is a cognitive process mining software platform that leverages computer vision and machine intelligence for process mining and discovery. It digitizes known, dark, and invisible processes into a process abstraction. The ensuing digital twin allows for modeling, simulation, predictions, and conformance to power the digital enterprise. The company was founded in 2018 and is based in Menlo Park, California.

Known Partners

i3systems India, WNS

Key People

Avinash Misra, Manish Garg

Outperformers

Outperformers are the most specialized service providers in the market and possess the expertise to address unique customer needs.

See why these companies made it as outperformers for P&C Insurance - Robotic Process Automation (RPA). These companies include Kryon.

K
Kryon

Israel / Founded Year: 2008

Kryon develops virtual agents, or bots, used to automate organizational processes such as paperwork and the filings of insurance claims.On February 15th, 2022, Kryon was acquired by Nintex. Terms of the transaction were not disclosed.

Known Partners

Virtual AI, Amazon, Wipro, and 2 more

Known Customers

Everest Group, LTCG, Microsoft, and 2 more

Key People

Harel Tayeb, Tomer Pinchas, Shay Antebi, and 1 more

Challengers

Challengers are the most promising service providers in the market and possess the agility to address emerging customer needs.

See why these companies made it as challengers for P&C Insurance - Robotic Process Automation (RPA). These companies include Leapwork and Robocorp.

Leapwork logo
Leapwork

Denmark / Founded Year: 2015

Leapwork allows non technical employees to automate their daily tasks without having to write code to do so. Leapwork can help with software testing, data migration, and robotic process automation in finance and healthcare.

Known Partners

Capgemini, Spectrum Worldwide Events (Singapore) PTE. LTD., Accenture, and 2 more

Key People

Christian Brink Frederiksen, Claus Rosenkrantz Topholt, Beatrice Askaner

Robocorp logo
Robocorp

United States / Founded Year: 2019

Robocorp offers a cloud service to reduce the complexity robo automation that includes the kinds of features enterprises tend to demand from projects like security, identity, and access management.

Key People

Jouko Ahvenainen, Sampo Ahokas, Antti Karjalainen, and 1 more

What is P&C Insurance - Robotic Process Automation (RPA)?

Robotic process automation (RPA) solutions aim to automate repeatable business processes and operations across insurance.

Selling a product or service?
Reach more buyers.

Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.

Claim your CB Insights Profile