Absa Online Insurance Qorus Banking Innovation Awards 2014

Submitted by

Absa Group

We are a Pan-African group, inspired by the people we serve and determined to be a globally respected organisation of which Africa can be proud. We have operated in Africa for over 100 years. We are committed to finding tailored solutions to uniquely local challenges, and everything we do focuses...

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03/03/2014 Banking Innovation

Absa Online Insurance is an class-leading end-to-end insurance fullfillment service for Absa clients that combines speed, convenience and simplicity when it comes to applying for and managing your insurance portfolia from the comfort of any Absa Digital Channel.

Innovation details

Country
South AfricaCategory
Best New Product or ServiceKeyword
Operational excellence & efficiency, Insurance

Innovation presentation

Absa Online now offers end-to-end fulfilment and maintenance of short-term, vehicle, life and home-owners insurance-policies for Absa clients. The online application process has been optimised to ensure end-to-end fulfilment under 5 minutes. The value proposition combines an attractive commercial offering in the market with a state of the art digital fulfilment platform that promotes aspects of simplicity, speed, convenience and transparency.

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