2024: Domino Containers - The Next Step. News from the Domino Container commu...
The Digital Innovation Award - CoverGo
1. Insurance of
Tomorrow CoverGo Limited is a leading provider of
cutting-edge technology to the insurance
industry. Since 2017, CoverGo supplies
insurance enterprise software solutions to
insurers, MGAs, brokers and bancassurance
in Asia and beyond.
WELCOME TO THE NEW
ERA OF INSURANCE
Strictly Private & Confidential
3. HOW WE HELP
Build & Launch Products
Faster
Configurable setup for any type of
insurance including sharing
economy, usage-based,
parametric and microinsurance
products
Develop Omnichannel
Distribution
B2C sites for insurers, comparison
sites for brokers, intermediary
portals, FNA and e-applications
for advisors, distribution via APIs,
bancassurance and affinity
B2B2C
Improve Policy Admin &
Claims Management
Digitization and automation of end-
to-end policy admin
and claims processes via our core
system or integration with your core
system
Integration with any
Legacy or Third party
Systems
500+ insurance APIs, most
comprehensive on the market, for
seamless integration with your
legacy system and/or third party
system
With industry pain points in mind, our mission is to help insurance companies
and banks make insurance 100% digital and better serve their customers by
4 different use cases:
4. CoverGo is the first end-to-end
fully configurable
modular
no-code
insurance platform.
WHAT IS COVERGO
7. COVERGO NO-CODE PRODUCT BUILDER
Revolutionary tool to build insurance products and workflows
● Drag and drop visual format
● Build any type of insurance product
in hours rather than months
● Ease of use to give your business
users a tool to build flexible products
faster
● Supports person and commercial
lines, simple and complex products
● Fully integrated with admin
platforms, front-end or any system
● Robust pricing and underwriting
engine
8. COVERGO FRONT-END PORTALS & MICROSITES ENABLER
Instant quoting, forms and workflows for omnichannel distribution
● Build flexible and responsive front end
websites, microsites, client or agent
portals without a single line of code.
● Instant quote, comparison & policy
issuance: Instant pricing, product
comparison, payment, straight through
processing for policy issuance and more
● Digitization of all paper forms for all
lines of businesses. Integration with any
third party system
● Automation & robo-advisor: right
products are recommended to clients,
auto-population for data from uploaded
documents
● Client & agent portals: portfolio
overview for clients & agents to
consolidate policies, cross-sell, renew,
and more
9. COMPREHENSIVE CORE INSURANCE SYSTEM
Configurable full-fledged policy & claims administration platform
15
● Supporting all lines of business
● Management of customers, policies,
quotes, products, commissions,
claims and reporting
● Product builder to setup any type of
insurance
● Automated renewal notifications and
payment reminders
● Fine grained authorization and user
groups with unlimited user group
tree
● Auto-calculation of multiple levels of
commission
● Agent, broker and bancassurance
portals
10. COVERAPIs - CUTTING-EDGE BACKEND & OPEN APIs
End-to-end solution for digitization, integration and automation of all processes
● Agile product setup via modern
APIs incl. instant quoting,
application, underwriting, payment,
policy issuance and claims
● Minimal cost and time-to-market
(within days / weeks)
● Deployment on any cloud and on-
premises thanks to Kubernetes
technology and integration with
legacy systems
● Seamless plug & play integration
with any platform partner channel
at the relevant customer
touchpoints
14
11. THE COVERGO DIFFERENCE
NO-CODE
APPROACH
MODULARITY &
CONFIGURABILITY
MULTI-CLOUD &
MULTI-TENANT
EXTREME SPEED
TO MARKET
SCALABILITY &
FLEXIBILITY
SEAMLESS
INTEGRATIONS
MODERN CUSTOMER
JOURNEYS
Approach
Business Benefits
500+ INSURANCE
APIs
12. STRONG TRACTION & RECOGNITION
30+
Product lines
500+
Insurance plans
30
Corporate clients
HKICT Fintech Grand Award
2019
HKICT Gold Award in Banking,
Insurance and Capital Markets
2019
The Most Innovative Insurance
Technology Service Provider
2019
Grand Prize at the Financial
Innovation Business
Conference Japan (FIBC)
2019
3
Continents
*Client location
REPUTABLE PARTNERS & PROGRAMMES AWARDS