Continuity Strength Named to the Prestigious InsurTech100 List for 2024
Recognized as a Top Innovator for Helping SMBs Tackle Business Continuity and Risk Management in a Rapidly Evolving Insurance Landscape
[Nov 10, 2024] — Continuity Strength is proud to announce its inclusion in the 2024 InsurTech100 list, published annually by specialist research firm FinTech Global. This prestigious list highlights the top companies globally that are transforming the insurance sector through innovative solutions to critical industry challenges. Continuity Strength has earned this recognition for its groundbreaking, AI-powered business continuity and risk management platform, specifically designed to meet the needs of small and medium-sized businesses (SMBs).
The InsurTech100 list, now in its seventh edition, is widely regarded as a key resource for industry leaders looking to identify the most impactful technology players within the insurance space. In compiling this year’s list, FinTech Global’s expert panel of analysts and industry veterans reviewed over 2,100 nominations, focusing on companies that leverage technology to solve significant industry problems and improve efficiency across the insurance value chain. Continuity Strength stood out among hundreds of applicants, demonstrating how its platform enhances resilience for SMBs and aids insurers in effective risk assessment and mitigation.
Despite recent macroeconomic challenges, the InsurTech sector has shown impressive resilience, expanding from $18.7 billion in 2023 to $25.9 billion in 2024. Industry reports indicate that this growth will continue, with projections suggesting the InsurTech market could reach $496.5 billion by 2033. This year’s InsurTech100 list reflects this momentum, as the competition to make the ranking was more intense than ever.
"Being named to the InsurTech100 list is a tremendous honor," said Rochelle Clarke, CEO and Founder of Continuity Strength. "Our mission has always been to empower SMBs with the same level of resilience as larger corporations, helping them navigate today’s complex risk landscape. This recognition validates our commitment to making business continuity accessible, effective, and adaptable for businesses that often lack dedicated risk management resources. We’re excited to continue driving innovation in the industry and supporting our clients with the tools they need to thrive."
Continuity Strength’s platform uses AI to automate business continuity planning, making it easy for SMBs to proactively manage risks from cyber threats, supply chain disruptions, and other unexpected events. By offering tools for real-time risk assessment and incident response planning, Continuity Strength supports insurers in evaluating clients’ readiness for crises, fostering stronger partnerships between insurers and SMBs.
Richard Sachar, CEO of FinTech Global, commented on the InsurTech100’s significance: “The companies that have made it onto this year’s list are truly driving innovation in the insurance sector. As the industry undergoes rapid digital transformation, these companies are shaping its future. Continuity Strength’s dedication to resilience solutions for SMBs reflects the essential role of technology in enabling insurers to navigate a dynamic marketplace.”
To view the full list of the InsurTech100 for 2024 and learn more about the selected companies, visit www.TheInsurTech100.com.
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About Continuity Strength
Continuity Strength is an AI-driven business continuity and risk management platform designed to empower small and medium-sized businesses with accessible, robust resilience solutions. Recognized by the US Small Business Administration’s Small Business Digital Alliance, Continuity Strength is at the forefront of ensuring operational resilience and business continuity for SMBs worldwide.