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Innovator Visa Endorsement Approval for InsurTech Entrepreneur

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We are exceptionally proud to share our latest customer success story of UK Innovator visa endorsement! Accomplished digital consultancy entrepreneur Niraj Prasad engaged our trusted team of specialists to discuss the opportunity of bringing his fast growing InsurTech start-up business from India to the UKs booming digital economy. With two decades of tech consultancy experience focused in core business intelligence areas such as Business Analytics, Program Delivery, Artificial Intelligence and Enterprise Risk Management; Niraj has accumulated the ideal skills-set required to lead an exceptional team of inspirational professionals in the UK now as well.

The premise of Niraj’s plan is to target the financial services industry in the UK where there is an increasing focus on enhancing customer experience digitally. Moreover, the nation’s InsurTech sector has attracted investment of more than $3bn in 2018 and has a potential revenue opportunity of around £50bn via digital transformation and culture change in insurance. Following in-depth market research, we support Niraj’s belief that productivity, efficiency, automation based on data, analytics and AI is the future of insurance.

Niraj’s business daraCurate has created a set of solutions that would elevate stakeholders throughout the value chain, from end consumer to insurer and broker. The proposed business solutions entail Multichannel Response Automation (MRA) and ProSight – Process Insights that aim to reduce “time to intelligence”. Furthermore, the business has embedded AI/ML techniques that predict delays in process and analyse anomalous trends. Another innovative notion in the solution is to extend / share inputs from the system with end customer applications. By doing so, the end customers of insurers will have complete visibility of “Where their application or claim is” at the current stage (similar to status in e-commerce shipment tracking).

Based on the business’ potential and accomplishments to date, our team of UK Innovator Visa endorsement advisors agreed that dataCurate would be a viable, scalable and attractive business opportunity for the UK’s world-class finance and technology economy. 

The UK’s new Innovator visa is particularly relevant to experienced entrepreneurs who have a proven track record and have access to / or have already invested at least £50,000 into their business and are ready to launch a new business for the first time.

Naturally, there are certain criteria that one must meet in order to qualify for endorsement (such as competence in the English language) and a number of other matters to be aware of. Our trusted UK business visa endorsement specialists are very well versed in the process of enterprise and start-up plan development and feel most at ease in supporting individuals on the path to success.

Whilst we fine-tuned the application and documentation for Niraj, he was able to focus on other key areas of his business geo-location plans.

Once everything was collated and comprehensively completed, we submitted the application to the endorsing body who thoroughly checked every detail and happily gave their approval.

"I am exceptionally pleased with the hard-work and dedication that T1 Digital Consultants demonstrated throughout the process and am now the proud recipient of a UK Innovator visa endorsement! I can't wait to launch my business, dataCurate in the UK very soon!"

Niraj Prasad - India

Founder & CEO at Datacurate

 

We are extremely proud to have achieved such an excellent first-time endorsement success result for Niraj and look forward to attending his business launch party in due course!

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