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No-code technology may revolutionize the life insurance market

UnderwriteMe specializes in automating the underwriting process. This technology can significantly simplify and speed up the risk assessment process. In collaboration with INSTANDA, the world's leading provider of SaaS platforms for distribution and administration of life insurance policies, it intends to create a program that will combine the two platforms.
No-code technology may revolutionize the life insurance market

The primary goal of this partnership is to provide a comprehensive offering that allows life insurers to benefit from both INSTANDA and UnderwriteMe technologies. The use of no-code technologies reduces the cost of software development and maintenance making it accessible to a wider range of companies.

The customers will receive customized and fast services. The processes that have previously taken weeks can now be completed in a matter of hours.

INSTANDA's no-code platform allows insurers to easily implement their policy distribution and administration platform, while UnderwriteMe's technology provides best-in-class underwriting automation. This collaboration is designed to benefit forward-thinking insurance companies looking for innovative ways to expand their offerings and improve efficiency.

Source: https://fintech.global/2024/05/16/instanda-and-underwriteme-partner-to-revolutionise-life-insurance-with-no-code-tech/

Photos are from open sources.

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