NEW YORK, Sept. 21, 2023 — INSTANDA, the global provider of no-code insurance platform technology, today announces the realization of its partnership with Alliant’s SES Risk Solutions on the official launch of SES’s QUBIE platform for agents. Powered by INSTANDA’s modern insurance administration platform, QUBIE will allow rapid risk assessment of real property.
SES is one of the nation’s leading financial institutions and real estate investor program administrators.
Recognized as the 2023 “Home Insurance Innovation of the Year” at the PropTech Breakthrough awards, QUBIE's unique approach combines machine learning, computer vision and seamless third-party data integrations to gather property information and accurately evaluate risk. This innovation streamlines the underwriting process, providing agents with automated results within seconds. By eliminating manual data entry and introducing automation, QUBIE enhances efficiency and ensures reliable risk profiles, making it a genuine game-changer for long-term rental property investors.
“With today’s hard market, the ability to make the insurance variable as precise and cost effective as possible for property owners is more important than ever,” noted Shaun Shenouda, chief operating officer of SES Risk Solutions. “We wanted to offer this better value insurance at a faster pace by combining the best of fintech, proptech and insurtech. INSTANDA’s ease of integration and APIs made it easy to combine the best off all three worlds in one platform.”
Katy Murray, VP of Accounts at INSTANDA agreed, saying, “SES Risk Solutions is making the process of finding precise insurance simple and fast, revolutionizing the process for real estate investors as they make quick, calculated decisions on new properties. Speed is critical in this environment. We’re excited to partner and support their mission with modern policy administration and the connection points needed to pull all the puzzle pieces together into a robust, user-friendly package for their customers.”
INSTANDA offers a complete digital platform for innovative insurers, including more than 80 carriers, MGAs and brokers in Europe, North America, UK, Japan, Latin America, Africa, the Middle East and Australia. Named one of the world’s Top 50 InsurTechs for 2023 by CB Insights, INSTANDA is the insurance industry’s first no-code core insurance platform that allows innovative insurers to digitize their entire business as well as break into new markets with quick-to-market new products while simultaneously overcoming the drawbacks of legacy IT systems and driving digital transformation. For more information, please visit instanda.com/us/ and follow us @instandaF2X on Twitter and INSTANDA on LinkedIn.
Alliant’s SES Insurance Services offers master policy insurance solutions for real estate portfolios owned or controlled by financial institutions and investors. SES prides itself in having a 34-year history of being a strategic resource to clients by delivering unparalleled customer service, proactive relationship management, and innovative products and technology in support of our clients' business goals. SES serves more than 100 financial institutions across the U.S, including 18 of the 25 largest banks. Our team of industry specialists offers a turnkey portfolio insurance solution tailoring coverage, service and proprietary technology to meet the rapidly evolving needs of this market.