GLOBAL INSURTECH LISTING

Pancentric ranked in World's Top 150 Insurtech Companies 2024

A new research poll by CNBC and research company Statista ranks Pancentric and its Go-Insur Policy Admin Solution in the Top 150 Insurtechs. 

Pancentric ranked in World's Top 150 Insurtech Companies 2024

Go-Insur PAS platform is now rubbing shoulders with the best in insurance technology and our friends at Genasys, Claim Technology, EvolutionIQ, INSTANDA , SchemeServe, Equisoft and many more.

View the full Top 150 listing here

Pancentric Digital Director Simon Fenn pictured above opening the certificate at Pancentric's offices on Level 30 at The Leadenhall Building

Statista's methodology for the Top 150 listing is given below.  

  • Longlist Compilation: We began by compiling a longlist of eligible insurtech companies through a combination of market screening and an application process. This ensured that we included a wide range of relevant companies in our initial evaluation.
  • Market Segmentation: Next, we segmented the insurtech market and allocated each company in the longlist to a segment that best fits their business model. This segmentation helps in comparing companies within similar market contexts and operational frameworks.
  • KPI Definition: We then defined a set of overarching and segment-specific Key Performance Indicators (KPIs). These KPIs were designed to evaluate and compare companies effectively within each segment.
  • Scoring Model: Finally, we developed a scoring model that assigns weights to each KPI based on its relevance and importance. This model was used to calculate a final overall score for each company, facilitating a fair and consistent ranking.

We allocated Pancentric to the category of "Policy Administration & Admintech" due to the innovative nature of the Go-Insur solution. This category specifically focuses on advancements in policy administration and administrative technology, which aligns perfectly with your product's strengths.

In addition to the overarching KPIs we considered, such as revenue, employee numbers, and their development over the past year, we placed a particular emphasis on market penetration within this category. We evaluated the number of customers as a specific KPI to assess market reach and impact.

Pancentric performed solidly in this area, showing good numbers compared to competitors, which contributed to your inclusion in the list.