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Zoom Named a Leader in 2021 Gartner® Magic Quadrant™ for Unified Communications as a Service

SAN JOSE, Calif., Oct. 20, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced that analyst firm Gartner has named Zoom a Leader in the 2021 Magic Quadrant for UCaaS. This is the second time Zoom has been named in the Gartner Magic Quadrant for UCaaS (2020 was the first year that Zoom was recognized) and its second consecutive time as a Leader.

The report analyzed 14 companies in the UCaaS space, naming Zoom as a Leader.

"We are honored that Gartner has named Zoom a Leader in the Magic Quadrant for UCaaS for the second straight year," said Eric S. Yuan, CEO of Zoom. "Zoom is committed to providing frictionless, reliable, and secure technology to empower modern, distributed workforces, and we believe we were recognized due to the convenience and accessibility of our UCaaS solutions, including Zoom Meetings, Zoom Chat, and Zoom Phone. We will continue to work hard to meet current and emerging communication demands and deliver happiness to all of our global customers."

To read a complimentary copy of the 2021 Gartner Magic Quadrant for UCaaS report, please visit zoom.us/gartner.

Disclaimer:

Gartner, Magic Quadrant for Unified Communications as a Service, Worldwide, Rafael Benitez, Megan Fernandez, Daniel O'Connell, Christopher Trueman, Pankil Sheth, 18 October 2021 "" For Magic Quadrant for Unified Communications as a Service, Worldwide report

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Press Relations:
Beth McLaughlin
PR Specialist
press@zoom.us


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Micro Insurance Company Partners With Chamasure to Provide Digital Insurance Solutions in Kenya

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) — MicroEnsure "" now part of Micro Insurance Company (MIC) "" has entered into a strategic partnership with Nairobi–based insurance platform Chamasure to give communities across Kenya access to digital insurance solutions. Chamasure makes insurance affordable for more than 10 million people in underserved communities in Kenya, including groups of farmers, traders, and families. Groups sign up via an easy–to–use app and are offered customized, flexible cover.

The new partnership between Chamasure and MIC will provide end–to–end enrollment, coverage, and claims settlement support, reducing paperwork for customers and speeding up the insurance process. Need–based cover will safeguard group members against disability, funeral costs, and medical expenses.

Ms Wairimu Nioki, Country Manager for MIC Kenya says:

"Communities have always come together to raise money to meet obligations that are too difficult for individuals to cover. We are now going to these communities and groups to simplify insurance for them by providing the protection that they seek when they come together. This initiative with Chamasure will see us providing more affordable insurance solutions and wider coverage, providing relief to members of these groups and consequently improving their lives."

Speaking at the launch of the partnership, Seroney Memba, Chamasure Founder, said:

"Most of the people in the communities we work with have never had a chance to access insurance, despite being so vulnerable and in need of protection. We are excited to partner with Micro Insurance Company to provide these communities with more flexible, affordable products. Our motto is "taste insurance for everyone', and I strongly believe this is the right partnership to achieve this."

For more information, please contact:
Seroney Memba: seroney@chamasure.com
Wairimu Njoki: wairimu.njoki@microinsurance.com

About Micro Insurance Company (MIC):

Micro Insurance Company (MIC) is the world's first end–to–end digital microinsurance platform that combines reinsurance capacity, in–country insurance licenses, world–class distribution, and market–leading AI functionality. Our global insurance platform delivers technology,underwriting, policy management, and distribution to platforms, micro and small businesses, and to the four billion people on the planet who are currently unserved. Whereas most insurtechs seek to improve existing monoline products and markets, we follow straight through processing to create highly relevant insurance products at a very low cost.

To find out more, visit https://microinsurance.com/

About Chamasure:

Chamasure, based in Nairobi, is an insurance platform that focuses on helping underserved communities, such as groups of traders and farmers, access affordable, customized insurance. Benefits include easy set–up, fast claims processing and payment, seamless mobile payments, and 24/7 app support. Groups who sign up to Chamasure have control of the full insurance process, from onboarding and peer vetting, to voting on claim validity and knowing when claims are paid.

To find out more, visit https://www.chamasure.com/


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