The customer is an EU-based digital insurance startup.
The Customer’s team jumped into digital distribution of the coverage market with the idea of integrating insurance into a simple consumer journey. Less than 5% of the insurance market is accessible to distributors and e-merchants for regulatory and technical reasons, so the Customer decided to open the insurance market to e-merchants and digital consumer platforms with the new product and invited Futuro Team to assist with the product development part.
After investigating all necessary inputs, Futuro Team started to develop an intelligent integrated insurance solution. Created service distributes insurance as a simple consumer product that is easy to subscribe to in a few steps on an E-commerce site. The customer’s journey includes regular subscription via form, its management, and easy-to-do payment, which makes it simple and quick to use. Thanks to that, insurance was transformed into a product that is easy to integrate on distribution platforms using APIs, significantly simplifying insurance complexity and making it enjoyable for both users and customers.
The created solution was done bearing in mind the interests of all user categories, including distributors, e-retailers, marketplaces, digital consumer platforms, insurers, and brokers seeking to develop partnerships with distributors who are not insurance specialists.