Insurtech leader continues momentum as agents, partners and customers look to digital-first services
CHICAGO, November 17, 2022 /PRNewswire/ — Clearcover, Inc., the next-generation auto insurance company, today announced it is number 50 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, fintech and and energy technology companies North Americanow in his 28e year. This is the first time since its establishment in 2016 that Clearcover has been included in the prestigious list.
“We are honored to receive this award from Deloitte, which recognizes the years of hard work and dedication the entire Clearcover team has put into building a company and products we are proud of,” said co-founder and CEO of clear cover Kyle Nakatsuji. “We are a company committed to becoming the digital auto insurer of choice and a place on this list symbolizes our ability to stand out in today’s industry.”
The company’s success is attributed to its digital-first approach to auto insurance, integrating technology into every step of the process to ensure seamless experiences from start to finish. Earlier this year, the company launched Car Care, the first offering of the Clearcover Advantage™ benefit that enables Clearcover to provide customers with even greater value beyond their auto insurance coverage. The industry-leading mobile app, powered by ClearAI®, enables easy self-service for customers, enabling payments, coverage renewal, and claim filing in minutes.
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating the future, understanding what it takes to succeed and advancing creativity ,” said Christie Simonspartner, Deloitte & Touche LLP and market leader for technology, media and telecommunications within Deloitte’s audit and assurance practice.
This top recognition follows Clearcover’s No. 151 ranking on Inc.’s list. 5000 Fastest Growing Private Companies in America and being recognized as a “Top 10 Insurtech Platform to Watch in 2022” by InsurTech Magazine.
The company hires in the US in a variety of areas, with a focus on claims, engineering, and data and analytics. For more information, visit: clearcover.com/careers.
Clearcover is the next generation insurance company that gives customers the technology they need to confidently make the smartest decisions every step of the way. Clearcover challenges the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable auto insurance with the fastest claims experience in the industry. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has collected more than $300 million in financing. For more information, visit Clearcover.com.
About the 2022 Deloitte Technology Fast 500™
Now in his 28e year, the Deloitte Technology Fast 500 ranks the fastest growing technology, media, telecommunications, life sciences, fintech and energy technology companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage revenue growth in fiscal year 2018 to 2021.
To qualify for Technology Fast 500 recognition, companies must own intellectual property or technology that is sold to customers in products that contribute to the majority of the company’s operating income. Companies must have a business turnover of at least $50,000and operating income of at least the current year 5 million dollars. In addition, companies must be active for at least four years and have a head office within that time North America.
SOURCE Clearcover, Inc.