CoverGo, the leading global no-code insurance SaaS platform, has launched an innovative, AI-powered insurance platform designed for omni-channel distribution.
The platform, known as CoverGo Distribution platform, features a flexible architecture and advanced technology, and aims to empower insurers, MGAs, brokers, and other stakeholders to distribute life, health, and P&C products seamlessly across multiple channels, according to FF News.
These channels are set to include direct, agent, broker, bancassurance, embedded insurance, and affinity partnerships.
The new platform boasts AI-enabled workflows, automation, integration middleware APIs, and modern experience journeys.
These features enable insurance businesses to launch products in days, boost conversions, reach new customers, reduce turnaround time and costs, and streamline the entire process from quote to issuance and renewals without disrupting existing core systems.
CoverGo is responding to the industry’s growing need for a more flexible, scalable, and cost-effective way to enhance distribution and increase sales.
The new solution is designed to meet these demands by utilising the latest technologies.
The firm has already seen significant demand for the new platform and has initiated collaborations with early adopters, including AXA and some of the world’s largest broker companies, across APAC, EMEA, and the Americas, even before the official launch.
CoverGo specialises in providing a no-code insurance SaaS platform that enables users to configure and launch insurance products quickly and efficiently.
Its patented no-code configuration capabilities, combined with AI-enabled workflows and automation, make it a leader in the InsurTech sector.
Tomas Holub, CEO and Founder of CoverGo, stated, “The launch of CoverGo Distribution addresses the growing demand from insurers, MGAs, brokers, and other distributors who want to elevate their distribution and increase sales in the most flexible, scalable, and cost-effective way using the latest technologies. CoverGo Distribution is set to redefine efficiency, productivity, and user experience for all stakeholders in the insurance distribution space and ultimately benefit the end-customers as well.”
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