Composable, a leading provider of innovative data and machine learning solutions for the insurance industry, is proud to announce that it has been recognized as a “Noteworthy Solution” in Celent’s 2024 North America New Business and Underwriting Systems (NBUW) report. This distinction places Composable among the most promising emerging players in the industry, acknowledging its potential to challenge more established competitors.
Celent’s Technical Capability Matrix (TCM) categorizes solutions based on the sophistication of their technology and breadth of functionality. Composable’s recognition as a “Noteworthy Solution” highlights its ability to provide specialized capabilities that address unique market needs, positioning it as a potential leader in the next generation of underwriting systems.
“We are honored to receive this recognition from Celent,” said Andy Vidan, CEO of Composable Analytics, Inc. “This acknowledgment validates our ongoing efforts to deliver cutting-edge solutions that help our customers streamline their underwriting processes and drive operational efficiency. It’s a testament to the hard work of our team and the innovative approach we take in addressing the evolving needs of the insurance industry.”
Celent’s report assesses the technology and functionality of new business and underwriting solutions across a variety of factors, including modernity of codebase, integration capabilities, and the level of feature deployment in the market. Composable’s recognition as a “Noteworthy Solution” underscores its ability to provide significant value to its clients through advanced, flexible, and scalable solutions tailored to the unique challenges of the insurance sector.
About Composable
Composable is a Boston-based technology company specializing in data-driven solutions for the insurance industry. With a focus on streamlining underwriting processes through machine learning and automation, Composable’s platform enables insurers to make more informed decisions, reduce costs, and improve operational efficiency.