PriyaPatel
TLDR:
- INSTANDA and UnderwriteMe have partnered to transform life insurance with no-code technology.
- This collaboration aims to improve efficiency, accessibility, and decision-making in the industry.
In a significant move for the life insurance industry, INSTANDA and UnderwriteMe have teamed up to revolutionize the distribution and policy administration landscape. By combining no-code technology and underwriting automation, the alliance promises to bring about greater efficiency and accessibility in the market.
The integration of these technologies is set to benefit both life insurers and consumers by streamlining processes and reducing placement time. With a focus on key markets such as the UK & Ireland, North America, ANZ, and Asia, this partnership seeks to address regional challenges and provide innovative solutions.
INSTANDA’s no-code platform, known for its agility in streamlining distribution channels, will work in tandem with UnderwriteMe’s sophisticated underwriting automation to offer insurers faster decision-making and potential cost savings. This collaboration is especially timely as the industry grapples with talent shortages and the need for digital transformation.
Tim Hardcastle, Co-founder and CEO of INSTANDA, emphasized the partnership’s goal of transforming the insurance industry and creating better outcomes for consumers. James Tait, CEO of UnderwriteMe, expressed excitement about helping insurers move towards greater digitization and revolutionizing underwriting automation globally.
This alliance between INSTANDA and UnderwriteMe holds the promise of setting a new standard for the future of life insurance, with a focus on efficiency, innovation, and improved customer experience.
