PriyaPatel
TLDR:
Key Points:
- CoverGo has launched an AI-powered distribution platform for omni-channel insurance called CoverGo Distribution platform.
- The platform features advanced technology and aims to empower insurers, MGAs, brokers, and other stakeholders to distribute life, health, and P&C products across multiple channels.
CoverGo, a leading global no-code insurance SaaS platform, has introduced an innovative insurance platform designed for omni-channel distribution. The CoverGo Distribution platform features AI-enabled workflows, automation, integration middleware APIs, and modern experience journeys. This platform allows insurance businesses to launch products quickly, boost conversions, reach new customers, reduce costs, and streamline processes without disrupting core systems. CoverGo is addressing the need for a flexible, scalable, and cost-effective way to enhance insurance distribution and increase sales using the latest technologies.
CoverGo has already partnered with early adopters such as AXA and major broker companies across regions like APAC, EMEA, and the Americas. The company specializes in providing a no-code insurance SaaS platform that enables users to quickly configure and launch insurance products. The CEO mentioned that CoverGo Distribution will redefine efficiency, productivity, and user experience in the insurance distribution space.
The FinTech sector witnessed 33 deals last week, showing a strong growth trend in the industry. CoverGo’s launch of the AI-powered distribution platform is a significant development that addresses the evolving needs of insurers, MGAs, brokers, and other distributors in the insurance sector.
