Snapsheet’s 2023 Results and Strategic Vision for Claims Management

PRNewswireFebruary 13, 20244 min

Reflecting on 2023, Snapsheet, the leading global provider of insurance claims management solutions, stands at the threshold of a transformative year. This review on the past serves not just as a celebration of Snapsheet’s exceptional milestones, but as an affirmation of its unwavering commitment to delivering unparalleled value and steering a positive course for profitable growth.

In an industry where opportunities for progress are extensive, Snapsheet’s achievement of profitability stands as a validation of its resilience and the loyal support from clients, partners, and staff. This accomplishment sets a strong foundation to propel the organization into a future characterized by innovation, stability, and profitability.

Key Achievements and Growth
In 2023, Snapsheet solidified its position by serving 15 of the top 20 P&C insurers in the US, a clear sign of its growing influence. Building on this, Snapsheet fostered 76 new and expanded customer relationships, further extending its reach and reputation. Celebrating an impressive 13% year-over-year growth, Snapsheet swiftly managed over 4.3 million claims, processing $15.3 billion in indemnity, showcasing its expertise across virtual appraisal services and claims management.

Industry Recognition

  • State Farm Ventures: Snapsheet secured strategic investment from State Farm Ventures®, fueling digital innovation in claims management technology.
  • Financial Expertise: Sue Sell, CFO, was awarded the 2023 Mid-Size Private Company CFO of the Year® by Financial Executives International (FEI) Chicago.
  • Global Recognitions: Snapsheet retained its position in Sønr’s Top 100 Insurtechs and was recognized by FinTech Global among the world’s top 100 innovative InsurTech companies for contributions to the industry.
  • Fintech 250 Honor: CB Insights honored Snapsheet among the top 250 promising private fintech companies for the fifth consecutive year.
  • Remote Work Culture: Built-In recognized Snapsheet for outstanding work culture, ranking among the best places in Chicago and for remote companies.

Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!

PRNewswire

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved