Case Study
Inception to MVP to Scaled Rollout for a digital insurance startup
A digital & cloud native startup in insurance, aiming to build world’s best insurance experience in the field of specialty insurance lines, including manufactured homes (owners and renters), bikes, boat etc.
- Limited technology expertise.
- Ambitious timelines.
- Sensitive dependance between progress and fund raising
- Lack of technology leadership
The Challenges
Co-founders with great vision were facing challenges related to:
The Challenges
Co-founders with great vision were facing challenges related to:
- Limited technology expertise.
- Ambitious timelines.
- Sensitive dependance between progress and fund raising
- Lack of technology leadership
Solution Offered
By NAKS
- Co-owned the vision and articulated their product strategy and roadmap.
- Designed a user experience for their digital insurance product.
- The Cloud-based solution architecture deployed to GCP using the micro-services architecture.
- Established a comprehensive team ( Founding team, DevOps/SRE, Development, People success, Admin and support) for client.
- 18%+ conversion rate
- 100% Serverless infrastructure
- 0% Dependance on traditional broker-based selling
- Timely delivery of MVP enabled the seed funding from two global angel investors
The Impact
The Impact
- 18%+ conversion rate
- 100% Serverless infrastructure
- 0% Dependance on traditional broker-based selling
- Timely delivery of MVP enabled the seed funding from two global angel investors