Zinnia
Developing digital technology platforms for life and annuity insurance.
Company facts
- Founded
- 2005
- Employees
- 2,135
- Headquarters
- United States
- CEO
- Michele Trogni
- Type
- Private
- Funding
- Funding Round · $300M · 2024
- Subsidiaries
- Policygenius, Ebix Life and Annuity Assets, Breathe Life, SmartOffice, AnnuityNet
About
Zinnia Tech Solutions LLC, a subsidiary of Eldridge Industries, specializes in technology solutions tailored for the life and annuities (L&A) insurance industry. By empowering insurers and distributors, Zinnia enhances the entire policy lifecycle, focusing on speed, scalability, and customer experience. The platform facilitates seamless interactions between all stakeholders—carriers, distributors, advisors, and policyholders—allowing for easier policy management and improved service delivery. Founded on the premise of simplifying complex insurance processes, Zinnia's tools are designed to support rapid product launches and effective policy servicing. One notable aspect of their offering is the ability to rapidly transform legacy systems into modern, digital frameworks without the need for extensive conversions, thus ensuring that businesses maintain relevance in a fast-evolving market. Additionally, Zinnia boasts significant market engagement with over 55% of U.S. individual annuity sales processed through its platforms annually, underlining their prominent role in the insurance technology landscape.