Submitted by

Peak3 (formerly known as ZA Tech)

Premium
06/04/2023 Insurance Innovation
Full-stack, digital-first insurance core system
Innovation details
Country
Singapore
Category
Insurtech
Keyword
Payments, Micro Insurance, Funeral Insurance, Pet Insurance, Travel Insurance, Kids-targeted offerings, Claims management, Operational excellence & efficiency, Life insurance, Marketing & sales, Car & Mobility insurance, Data, Islamic Finance, Digital channels & Omnichannels, Home insurance, Savings & Investments, Customer service, Embedded finance & Super apps, Underwriting, Mobility, Bancassurance

Innovation presentation

Be it life, health, or P&C, ZA Techs Graphene is the first truly cloud-native digital core and distribution system for any insurance business model. Whether fully digital, digitally enabled, or just starting a digital transformation journey, ZA Tech’s Graphene can shape into a valuable business and customer solution. ZA Tech’s full-stack, digital-first core system Graphene, is already proven at scale at leading insurers and digital platforms globally. Graphene has been designed with a rapidly evolving digital future in mind and follows the most modern architecture and technology standards. Goals: - Accelerate digital transformation, bringing the power of digital to all business models - Drive business growth through tailored and innovative insurance propositions and full omnichannel journeys - Reduce complexity and cut IT costs by 50% through integrated infrastructure, interoperability, and configurability Future expansion opportunities: - Continue to further enhance baseline Graphene features and capability through quarterly free upgrades - Continuous upgrades with a strong product roadmap: ZA Tech has budgeted a considerable amount of Budget for R&D activities over the next three years. Our growing R&D team, currently consisting of close to 300 staff - ZA Tech has also expanded operations into the European market with an EU Head office in Dublin

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