Speakers: Steve Heilenman, Chief Information Officer, Benefix
Steve Heilenman: Hi, my name is Steve Heilenman. I am in the CIO for Benefix, which is a six-year-old Insuretech startup, located in Lancaster, Pennsylvania.
Describe the compliance challenge(s) you were experiencing.
Steve Heilenman: Well being in the InsureTech space, the SOC 2 Type 2 compliance is a critical component for us to be successful both for our customers, as well as our investors. Being a small company, not having a lot of resources or a tool or a framework to help guide us through that process was really our first biggest challenge and why we actually looked for a partner in order to help us with this uh this challenge.
How did Thoropass's complete compliance solution help you overcome these challenges?
Steve Heilenman: Well, the not only provided a tool but it provided some incredible experience & resources to really shepherd us through this process, which I found to be a very unique offering and very valuable.
How will this achievement enable future business growth?
Steve Heilenman: Obtaining this. SOC 2 Type 2 [attestation] was a huge milestone for us. One, it built a lot of credibility in the marketplace. I believe it allowed for us to land our second largest customer in the history of the company as well as provide a lot of credibility to our board and to our investors.
