My-Insurer, the Singapore base industry-leading White Label Digital Ecosystem, dedicated to empowering firms and SMEs through digitization, proudly unveils its Full-Year Review for 2023.
The year was marked by extraordinary growth, strategic expansions, and innovative initiatives, setting the stage for a transformative journey in the year ahead.
My-Insurer confirms tha its stands at the forefront of White Label Digital Ecosystems, catering to two distinct segments:
Overall Growth and Financial Success:
In 2023, Wellnex achieved a remarkable +132% increase in new white labels and an impressive +101% rise in recurring revenue, solidifying its market position and financial resilience.
Portfolio Expansion and Market Penetration:
The company expanded its portfolio to include 39 White Labels and an extensive network of 2,558 Agents serving 46,444 Members. Additionally, collaborations with 370 Clinics & Partners further amplified its market reach.
2024 Forecast and Strategic Initiatives: Looking ahead, My-Insurer aims to soar higher in 2024 with an anticipated average monthly recurring revenue to again double by year-end. Strategic endeavors involve exploring global deployment through strategic partnerships in ASEAN countries and introducing groundbreaking concepts such as Travel insurance solutions and corporate-focused private social networks.
"We are immensely proud of the exceptional growth achieved in 2023 and remain dedicated to redefining digital ecosystems in 2024," said Matthias de Ferrieres, CEO of My-Insurer.
"The accomplishments of 2023 are a testament to the unwavering dedication and hard work of the entire My-Insurer team. The company looks forward to a prosperous and transformative year ahead."
Digitalising Financial Advisers