Insurtech Map: digital insurance platforms for insurance distribution

We recently launched the IV Insurtech Map of the Spanish Ecosystem, developed in collaboration with The Referent. This new edition has more than 340 initiatives that have been emerging and have gradually been consolidated and professionalized. Within the wide range of innovative and entrepreneurial proposals that make up the insurtech landscape, there is a division into three fields: product, infrastructure and distribution. All of them are helping to revolutionize the insurance industry, but today we want to focus exclusively on digital insurance distribution platforms.The 'distribution' category includes the main business models aimed at the distribution or marketing of insurance. Let's look at some examples of digital insurance distribution platforms where an insurer is behind them in order to achieve a renewed approach and attract a new target audience.

Ingood

Ingood It is the proposal of Reale Seguros to develop, from a native digital platform, new lines of offer that allow mediators to contracting policies for sporadic goods, but of great value for the customer. With this new concept of microinsurance, the objective is to offer a sports insurance with which it is possible to insure the most valuable thing for sports lovers. It focuses specifically on cycling, snow sports and golf.This is a simple and personalized proposal which puts the customer at the center and provides them with a service adapted to their needs. The insurance is custom-made according to the requirements of each sport, and the user can carry out all the procedures (activate or deactivate coverage, add or remove accessories...) quickly and comfortably, and what is better, 100% online and without having to leave the app.

Zurich Klinc

Zurich Klinc is a brand of Zurich Vida and Zurich Insurance. This proposal seeks Reinventing insurance with the aim of making them more valuable to people: easy, fast and without paperwork.Klinc offers home, health, device, mobility, life and car insurance, that is, the usual insurance but in its most digital version. Therefore, its main advantage, in addition to protection, is the ease and possibility of take out insurance from home and completely online.Zurich Klinc's protection solutions are easy and accessible, they adapt to every lifestyle and they are looking for the best possible user experience. Thus, they allow not only to contract, but also to manage insurance or check the status of an accident on the mobile app and from anywhere.

Nara Insurance

Nara Insurance It belongs to the HNA Group and it offers health and life insurance solutions customized with flexible products and complementary services included. Thanks to its adaptation to different profiles, the whole family can enjoy their insurance. The Nara project was born under three premises: to be digital, clear and transparent. It makes it easy to purchase and manage insurance and each procedure from any device and at any time.

• Digital insurance: Nara allows all queries and requests to be made from any device and whenever the user chooses.
• Personalized attention: a team of professionals is available to the customer to answer any questions about their products and help with hiring.
• Products adapted to the user: offers flexibility both in terms of coverage, allowing additional services to be added when the user decides, and in terms of price.

Save Freelancers

Save Freelancers, partner of AXA, is a marketplace of 100% digital personal insurance aimed at the self-employed group to provide coverage against the lack of protection of public systems (Social Security) .It offers the hiring of insurance for self-employed workers immediately and through a single click. Of course, with different plans (Bronze, Silver and Gold) depending on the needs of each one. The insurance for the self-employed by Save Autonos broadly complements public coverage. Its objective is to meet needs in terms of extra coverage against lack of Social Security protection. Your hiring is based on the following philosophy: 'make it clear, transparent and easy. '.Save Self-Employed is aimed at all the self-employed in Spain, but its main focus is on liberal professionals between 25 and 55 years old interested in having peace of mind and being able to focus 100% on their work. And, in the event of any setbacks, that they may have good coverage. In short, it is a insurance made by freelancers and parafreelancers.

Savia

Savia It's the MAPFRE health platform. By implementing digital tools, it allows you to reach more users, access a new profile of the much more demanding and hyperconnected patient you want take control of your health and be the protagonist of their care process. The platform consists of a service of medical care with in-person and online appointments with access to different specialties, without paperwork or small print. Provide a tailored health plan:

• 24-hour general medicine video consultations.
• 24-hour medical chat in different specialties.
• Symptom evaluator.
• Tests, appointments and treatments.

The registration process at Savia is free and can be canceled at any time. The app offers 24 hour medical care and appointments with specialists without waiting thanks to a medical staff composed of professionals and diversity of centers. In addition, the user has the possibility to always carry their medical history with them. Savia's medical services are created for the purpose of bring quality medical and health care closer to all types of individuals and families, adapted to their needs and without complicated contracts.

Yip Yop

Yip Yop It's a MAPFRE insurance to protect personal items electronic, sports or leisure of any damage or theft they may suffer anywhere in the world at a fixed rate per month. Object insurance can be hire and control from your mobile phone or tablet with just a few clicks. The hiring is completely online. Plans can be activated and deactivated at any time, as can the protection of each object based on needs. And, in addition, it should be noted that the user only pays if he uses it, if he pauses the plan he will not have to pay. YIP Yop allows you to insure each object for as long as the user needs, either his own or that of a first-degree family member who lives in the same home as him. These objects are those intended for personal and private use, which are no more than 2 years old from the date of purchase and that fall into one of the categories mentioned above:

• sports: skis, skates, electric scooters, bicycles...
• Electronics: mobile phones, tablets, video consoles, etc.
• Leisure: from musical or camping instruments to gaming chairs.

To sign up, the user will only have to access the app, add as many objects as they want, activate a maximum of 3 objects of all those included, check the corresponding rate, activate the plan and complete their data. It's that simple.

Verti

Verti It's the MAPFRE Group's digital company. A young insurance company, with Spanish capital and with the support of a leading insurance group in the market that bases its work on transparency, the availability of tools for the customer, accessibility to information and the guarantee of security. To give rise to this new concept of insurance, Verti offers a range of simple and flexible products that adapt to needs particular to each one. In addition, they provide total transparency so that the user knows their coverage and its limits at all times. They have car, home, motorcycle and pet insurance.The insurance contracting and management is done online, which saves time and money. And, in general, the Verti service is completely digital: without having to leave home and with a single click it is possible to receive advice, sign online, send documents, pay bills, report claims or request assistance. In addition, it has a quick and simple method that calculates the price of insurance in less than 2 minutes. It also guarantees the search for solutions according to the needs and the quality of the service.

CoverWallet

CoverWallet It's a company acquired by AON. It offers a online insurance platform for small and medium-sized businesses taking advantage of data, design and technology to make commercial insurance simple, fast and suitable for each organization. In order to change the traditional model, which is often slow and complex for small businesses, CoverWallet has created an easier way for them to understand, buy and manage insurance. Everything online and in minutes.coverWallet is based on an approach of free help with insurance to understand which one is right for each industry, get free quotes and policy management through a smart digital wallet (this includes policies, fees, certificates, claims, payments...) .In short, CoverWallet identifies the insurance that each company needs based on its specific business model and provides you with a policy that fits your budget, all in minutes, with the help of high technology and qualified advisors.