Europe’s on-demand insurance provider Tapoly offers Software as a Service to brokers who can now access a comprehensive range of on-demand insurance products that are otherwise difficult to obtain.
The key benefits of the platform are:
- Access to a full range of flexible and on-demand products
- White-labelled front-end enabling customers with “quote and buy” capability
- Faster payments and easier client on-boarding
- Fully integrated broker interface
- Access to new revenue streams from the UK’s sharing/gig economy worth £8bn
- Fully integrated broker interface allowing them to generate quotes and on-board customers in a matter of seconds via a managed web portal and online payment gateway
- The white-labelled front-end solution enabling brokers to provide customers with “quote and buy” capability directly from their website
This speedy access to innovative, timely and relevant products eradicates the expensive and time-consuming product development, branding and digitisation processes. Brokers can seamlessly manage policies, oversee claims, and generate reports on their customer activity, while the time and cost efficiency achieved through the platform enables brokers to tap into new significant revenue streams particularly from the UK’s sharing/gig economy worth £8bn today and an estimated £140bn by 2025.
Janthana Kaenprakhamroy commented: “There are only a few software houses in the UK that create insurance software, usually charging large set-up fees, yet the quote and buy process is often slow and relies on manual input. Our Software as a Service solution was built with brokers in mind – a clear understanding of real issues that they face and simplifying or eradicating these. We embrace our relationship with the broking community and our partners and work closely to develop truly innovative solutions that empower and enable them to fulfil the currently underserved markets. The solution really simplifies the entire process for the brokers enabling them to expand their customer base, increase efficiency and revenues.”