One thing technology does great is turn our dirty, complicated tasks into clean, efficient processes.
Take for example the business of insurance: in an era of paper stacks and calculators, one can imagine a nightmarish field. However, modern financial technology startups such as Apollo modernize the insurance process thoroughly, leaving nary a hint of the ways of old.
“Our digital-forward approach eliminates traditional paper-based processes by leveraging extensive data and intelligent algorithms to quote, collect payment, and issue policies—all without human intervention,” Chloe Lyons, Director of Recruitment for Apollo, explained to Tech Talent Canada recently.
“Apollo is making the insurance buying process effortless, in line with modern consumers’ expectations,” Jeff McCann, CEO and cofounder, stated last year following a Series B round of financing for his company.
The Vancouver-based insur-tech firm runs policy purchases through its APOLLO Exchange, the company’s embedded proprietary platform. Lyons told Tech Talent Canada that this digital-forward approach is “fast, easy, and redefining insurance distribution.” It’s a transformation that is sweeping Canada’s entire financial technology sector.
Small wonder then that Apollo has been announced runner-up in KPMG’s 2022 Tech Innovator for Canada.
Competing against three dozen top-tier startups across the country, Apollo impressed the panel of judges, which included Samanta Jovanovic, Executive Director at Start Alberta; Marc Low, Ignition Vancouver Lead at KPMG in Canada; and Andrew Kiguel, CEO at Tokens.com.
Ultimately, smart-home technology startup SmartONE Solutions from Markham took the top slot. The Ontario-based prop-tech firm will next compete against winners from 21 countries for the title of KPMG Private Enterprise Global Tech Innovator this November in Lisbon.
“This year’s competition was fierce,” stated Sunil Mistry, Partner, Enterprise and Technology, Media, and Telecommunications, KPMG in Canada.
The inaugural competition last year saw Canadian finalist Certn compete for the title at the Global Finals and place third overall out of 17 participating countries.
Certn, based out of Victoria, has a lot of momentum. Using artificial intelligence, Certn provides fast, compliant, and affordable background checks to employers, contractors, property managers, and the gig economy.
Apollo, which recently announced an integration with Yardi Systems, is actively growing. If you missed their opportunities on display at the last Tech Talent Canada Job Fair, don’t sweat it—there’s always another Job Fair on the horizon.