SE2 is a leading technology and third-party administration company for the life insurance and annuities industry, that was selected as one of the “20 Most Promising Insurance Technology Solution Providers in 2017” by CIOReview.

 

The company was selected from a pool of over 300 companies and the list was comprised of companies at the forefront of tackling customer challenges with innovative solutions based on the most advanced technologies available today.

Here in 2018, the company was recognized as a “Top 25 InsurTech Companies for 2018” by CIO Applications.

 The CIO Applications editorial board, along with a panel of CIOs, CEOs, CTOs and analysts, evaluated insurtech providers on their ability to assist companies in keeping pace with the technological transformation occurring in the insurance domain.

“The life and annuity insurance industry is rapidly evolving from a product-centric to a customer-centric industry. SE2 uniquely combines its Aurum digital technology platform and deep industry operations expertise to drive accelerated transformation across every element of the life and annuity insurance value chain,” stated Vinod Kachroo, CIO of SE2.

“We are honored to be recognized for our ability to both help insurers optimize their legacy business blocks and drive business growth with innovation.”

SE2 also supports more than 20 insurance companies and services more than 1,000 life and annuity products. SE2 has approximately $100 billion in assets under administration and has been recognized as an industry-leading innovator.

For these reasons alone, I felt that SE2 would be the perfect company to talk with and explore the world of Insurtech. If you are new to this buzzword, predictably, Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model.

On today's tech podcast, I learn how SE2’s digital platform helps carriers enhance or circumvent the traditional broker model to which the mid-market (primarily millennials) is averse.

Our guest is SE2’s CIO Vinod Kachroo, a 22-year executive at MetLife, Prudential and AIG before coming to SE2.