ChainThat

LONDON, May 2, 2024 For its work on the innovative Beyond Multinational Programs Platform (BMNP), ChainThat is pleased to announce that it has been awarded ‘Highly Commended’ for Global P&C Technology Partner of the Year at the 2024 Axco Global Insurance Awards. The comprehensive assessment process involved a panel of independent judges featuring senior figures across the global insurance industry. ChainThat was awarded the distinguished accolade, standing out amongst a very impressive shortlist.

ChainThat was given a Highly Commended Award for its focus on excellence, conscientious hard work, and the positive impact that the BMNP has made within the global insurance sector.

The platform revolutionises multinational insurance administration by automating complex processes and enhancing global connectivity. This reduces the risks of manual errors and data issues, thus improving timeliness, accuracy, and satisfaction.

The Axco Global Insurance Awards – which celebrate outstanding achievements, innovation, and collaboration of the insurance ecosystem managing complex global risks – were held on 18th April 2024 at the Hilton Bankside London.

Vikas Acharya, CEO at ChainThat, commented:

“We are extremely proud to have received the Highly Commended recognition at the Axco Global Insurance Awards for Global P&C Technology Partner of the Year. This honour not only highlights the innovative capabilities of our BMNP platform but also reflects the tireless work and dedication of our entire team. Being recognized among such a distinguished group of nominees is truly a testament to our team’s hard work and the powerful impact of our technology solutions in the insurance industry.”

Mark Trumper, Managing Director, Axco said:

“I’d like to extend my heartfelt congratulations to ChainThat for being awarded Highly Commended at the 2024 Axco Global Insurance Awards in the category of Global P&C Technology Partner of the Year. Your exceptional contributions and unwavering commitment to excellence in the multinational insurance industry serve as a testament to your professionalism and expertise – you can be very proud of your achievements”. 

Prashant Tekchandani, Global Head of Insurance Lifecycle & Operations at Xceedance added:

“ChainThat, an Xceedance company, has demonstrated an exceptional ability to meet multinational insurance challenges head-on, serving as a critical technology solutions provider. The collaboration between ChainThat’s technological expertise and Xceedance’s domain prowess culminates in a powerful proposition for the insurance industry”. Tekchandani continued: “Together, we are setting new benchmarks in managing complex multinational insurance programs, integrating advanced platforms with the nuanced understanding of our people to deliver unparalleled service.”

The full list of winners for the Axco Awards 2024 can be found at: https://axcoawards.com/winners-2024

Discover more about our: Beyond Multinational Programs (BMNP) — ChainThat

For a deeper insight into the impact of our Beyond Multinational Programs Platform, read the recent press release from Berkshire Hathaway Specialty Insurance: Press Release – 2024-01-03 Multinational Capabilities (bhspecialty.com)

ChainThat & Xceedance team at the Axco Global Insurance Awards 2024