New Software Release 3.0
New Feature Release: Empowering Embedded Insurance with Cutting-Edge Tools
As part of our commitment to continuously enhance and expand our insurance distribution platform, we are thrilled to announce the release of several new features designed to simplify the process of managing and scaling embedded insurance programs. With this release, we’re focusing on empowering insurers and non-insurance partners alike to seamlessly integrate insurance into their ecosystems, improving user experience and enabling faster go-to-market capabilities.
Here’s a quick overview of what’s new:
1. Pricing Engine
Flexible, No-Code Premium Logic Setup
Our new pricing engine empowers users to define pricing logics directly within the platform without needing any complex coding knowledge. This tool allows you to quickly and flexibly set up various premium models, from risk-based and percentage-based calculations to custom Excel-based calculations : a simple file upload and your model is up and running.
This flexibility means you can tailor pricing strategies for different partners and products, all while keeping processes agile and manageable. With integrations like Akur8 on board, you can set up advanced factor-based pricing within minutes, offering granular control over your risk-based pricing with no technical hurdles.
2. E-Commerce Widgets
Effortless Insurance Sales on Any Platform
Our plug-and-play e-commerce widget is built to simplify the insurance purchasing journey for customers, regardless of the platform. This ready-to-go widget enables easy embedding of insurance offerings directly within any e-commerce environment, including popular platforms like Shopify. With this widget, businesses can provide a seamless insurance buying experience that aligns with their brand, providing additional value to customers at the point of sale.
From physical product checkouts to service subscriptions, our e-commerce widget enables embedded insurance in ways that boost engagement and sales without requiring a tech overhaul. It’s a win-win for both insurers and their distribution partners.
3. Real-Time Reporting
Stay on Top of Your Performance
Get instant insights into your program’s performance with our real-time reporting feature. We know how important it is to keep track of your embedded insurance program's growth and engagement, so we've built this feature to provide up-to-the-minute data. Accessing valuable metrics on demand allows you to make data-driven decisions and pivot quickly when needed.
Our real-time reporting gives you the analytics edge, offering a clear view of performance trends and identifying new opportunities, so you can optimize your strategy at every stage.
4. Frontend Builder
Design Your Custom Sales Flow with Ease
Our platform now integrates seamlessly with popular frontend builders, offering users the flexibility to create tailored, customer-facing experiences without any coding expertise. This approach aligns with our no-code philosophy, enabling both insurance companies and non-insurance partners to build user journeys that fit their audience’s needs.
Our platform’s adaptable architecture makes it simple to design and deliver customized front-end experiences that enhance engagement and streamline workflows across channels.
5. Additional Highlights
Our platform is all about empowering insurers and businesses to be more adaptable and responsive in an increasingly competitive marketplace. A few additional features of note in this release include:
Promotion Management: Launch tailored promotions with ease and assign them to specific insurance products, making it simple to run campaigns that boost visibility and drive sales.
Distribution Partner Setup: Speed up time-to-market by enabling distribution partners in minutes, letting you start selling quickly and efficiently across channels.
Looking Forward
This feature release marks an important step in our ongoing mission to build a comprehensive, flexible insurance distribution platform. By combining powerful no-code tools with easy integrations, we aim to make embedded insurance accessible, adaptable, and growth-driven.
Stay tuned for our upcoming releases as we continue to innovate and add features that will help you succeed in the fast-evolving world of embedded insurance.