Scrub AI recognised as an InsurTech100 company

We’re delighted to announce that Scrub AI has been named one of the top InsurTech companies of 2024, earning a spot in the prestigious InsurTech100 list, compiled by FinTech Global. This is the second year we’ve been recognised, showing the progress we’re making in solving a big problem for insurers with data cleaning and preparation, using AI and machine learning.

The InsurTech100 showcases the top 100 companies driving innovation in the sector. This year’s selection process was more competitive than ever, with over 2,100 companies reviewed by a panel of industry experts and analysts. Each company was assessed on its ability to address critical industry issues and improve efficiency across the insurance value chain through the use of technology.

“Being named in the InsurTech100 for the second year running is a huge honour. It validates our mission to revolutionise the way data is prepared and cleaned in insurance. We’re proud to lead the way with AI, helping insurers make the most of their data.” Alex Ley, CEO & Co-founder at Scrub AI.

Despite challenging market conditions, the InsurTech sector continues to show remarkable resilience and growth. According to recent market data, the sector has grown from $18.7bn in 2023 to $25.9bn in 2024, and is forecast to reach £496.5bn by 2033. Scrub AI is proud to be part of this expanding industry, helping shape the future of insurance.

“As someone who’s dealt with messy data first-hand while training as an underwriter, I know how frustrating and time-consuming it can be. That’s why we built Scrub AI, to take that burden off our clients. Being recognised for this is huge, and we’ll keep pushing to make things easier for the industry.” Nicola Turner, COO & Co-founder at Scrub AI.

The InsurTech100 list serves as a key resource for industry leaders looking to stay ahead in an evolving digital landscape. The companies featured are not only using AI, machine learning, and data analytics—they are also pushing the boundaries of what’s possible in the insurance space.

If you’d like to check out the full list or learn more about what we do at Scrub AI, feel free to reach out – we’d love to chat.