Case Study
Private-labeled, Multi-tenant E-commerce Platform for Commercial Insurance Carriers
The client is primarily engaged in providing specialized property and casualty insurance products and services to businesses, with a focus on helping them to reduce risk and protect their asset. Specializing in offering tailored and comprehensive coverage options to meet customers’ unique needs.
- Have a dedicated digital sales and distribution channel
- Get quickly onboarded as a tenant
- Custom build their user journeys for the small businesses
- Private-label their own tenant instance using their brand
identity and color schemes
The Challenges
Consortium Of Market Leading Insurers Needed To Build A Multi-Tenant Platform That Could Enable Every Insurer To
The Challenges
Consortium Of Market Leading Insurers Needed To Build A Multi-Tenant Platform That Could Enable Every Insurer To
- Have a dedicated digital sales and distribution channel
- Get quickly onboarded as a tenant
- Custom build their user journeys for the small businesses
- Private-label their own tenant instance using their brand
identity and color schemes
Solution Offered
By NAKS
- Have a dedicated digital sales and distribution channel
- Get quickly onboarded as a tenant
- Custom build their user journeys for the small businesses
- Private-label their own tenant instance using their brand identity and color schemes
- 15~82% Increase in the number of straight-through
processing quotes - 8x reduction in the cost of underwriting
- 5x Increase in the average number of policies sold per
insurance in the first 6 months - 4 weeks for the Go-To-Market for an insurer
- 3000 business classes supported
The Impact
The Impact
- 15~82% Increase in the number of straight-through
processing quotes - 8x reduction in the cost of underwriting
- 5x Increase in the average number of policies sold per
insurance in the first 6 months - 4 weeks for the Go-To-Market for an insurer
- 3000 business classes supported