Spending a good deal of his childhood at his father’s insurance agency, Hyder Naqvi grew up understanding the inner workings of the insurance business. So, after earning accolades in technology and software development and a degree in Computer Science, he founded a web and software company called Nourtek Solutions, and his own insurance agency as well. But it wasn’t until graduate school when he invited fellow MBA student James Pitcher to join his company that a refined Nourtek mission began to emerge.
Frustrated that the insurance industry was mired in outdated, inefficient processes and had fallen significantly behind other industries that had already deployed technological innovation and automation, they saw an unparalleled opportunity. Combining Naqvi’s insurance knowledge and programming skills with Pitcher’s process-simplification and communication capabilities, they made it their mission to completely eliminate the manual processes from risk management administration.
In its quest to transform the insurance industry, the company and its 100+ employees have developed a suite of industry-first, patented, process-automation software products called RMIS|360™ (Risk Management Information System 360) which provides a comprehensive approach to insurance process management.
Developed in synergistic partnerships with some of the largest and most respected firms in the insurance industry, RMIS|360 includes SAAS solutions for wrap management, contractor prequalification, policy administration, claims administration, safety and loss prevention, payroll, contractor compliance and valuable data analytics. The products are engineered to work seamlessly to automate and deliver the core operations of an insurance company and feature cutting edge technologies like blockchain to provide indisputable insurance certification, artificial intelligence to automate data entry, and direct object detection to remotely capture and analyze on-site safety and loss efforts.
RMIS|360 also gathers data across the product suite and provides analytical tools so companies can make more informed decisions and to operate better risk management programs.
To commemorate its status as the leading disruptor in insurance technology, the company recently announced the transformation of its brand to better reflect expanding operations around the world. In August, Nourtek was rebranded as “Injala®,” a company dedicated to reimagining risk management from the ground up.
Taking a cue from the success of the network orchestration-based expansion model of runaway successes like Airbnb, Yelp, and Uber, the company will soon launch its Asuretify® product, which creates a trusted network for COI (certificate of insurance) verification.
Injala Senior management includes CEO Naqvi, James Pitcher, who serves as the company’s president, and Phillips Electronics/Silicon Valley veteran Rajeev Varshneya , who serves as COO.
Injala is the leading disruptor in insurance technology, providing web-based software solutions that are transforming risk management. For more information, visit www.injala.com.