We love that on a daily basis we bring to the market a truly enabling technology to help our clients surpass the demands of both today’s and the future market.
Identified a new market and new to launch a new product quickly?
Books of business trapped in old world technology?
Unable to amend existing products cost effectively?
Unable to try and test new product innovations and propositions?
… INSTANDA gives you the solution
INSTANDA is the fruit of first-hand experience. Brought to you by a team of insurance industry experts and cutting edge software engineers, to exactly match your unique needs and the way you want to work.
INSTANDA has fundamentally changed how companies who sell insurance can design and deliver their products to market.
It is not an insurance system in the traditional sense, but a tool for building any insurance product and distributing it online, anywhere.
We help take products from concept to point of sale in unprecedented timescales.
Clients are moving books of business across to INSTANDA to give them the flexibility to change attributes untouched for years
Once online, they can be amended at will, no matter how bespoke or complex, without needing to write a single line of code.
It delivers speed, flexibility and responsiveness; a real step change for the industry, whose needs are rarely met through traditional software providers.
At its core it’s designed to meet changing consumer and market behaviours speedily. And its ease of use provides the impetus to experiment, innovate and further digitize your business operations.
Something for anyone
Designed for the needs and requirements of business insurance users, INSTANDA allows you to:
Migrate existing books of business across and renew using the platform
Portfolios and existing products can then be modified and enhanced to ‘revitalise’ the offer within weeks
Design and build virtually any insurance product, and deploy through any online channel through the repeatable product designer, rating engine, document builder and screen templates
Clone products and easily deploy them through sales channels to test alternative cover/price etc. approaches
Distribute same or similar products through multiple channels
Provide differentiated rating through alternative distribution channels e.g. web purchase or broker channel can be incentivised over telephone call purchasing
Manage and maintain product ratings, documentation, online look and feel (in a single self-service environment), customer journey and experience
Test and launch services in a safe, secure and scalable environment; whether a committed product launch or a R&D test bed – experiment and innovate
Transition incrementally, with no need for a “big bang” implementation. Less pain for greater gain.
And crucially, INSTANDA is designed to integrate with other systems to provide ultimate digital flexibility.