About
Stripping away from the complexity of traditional insurance, Toni offers simple, user-friendly insurance solutions. The platform is specialized for fast product development and maximum flexibility. Our products are easy to build, implement and use.
Innovation presentation
Traditional insurance providers often cling to outdated products and processes and remain stuck in a rut of inflexibility and resistant to change. However, distribution partners and customers are increasingly demanding efficiency and tailored insurance solutions.
Toni offers an insurance-as-a-service platform where their distribution partners can customize their insurance products, like tuning a car to one's preferences.
By focusing on rapid product development and using short sprint cycles, our platform stays agile and adaptable, quickly responding to changing market demands. We're dedicated to keeping things simple for both partners and customers, providing streamlined solutions that are easy to build, implement, and use.
Through a user-friendly, no-code approach, setting new standards for innovation in the insurance sector.
Uniqueness of the project
The Toni Platform:
Originality: Toni is completely independent in its cooperation with insurers and can offer solutions with any licensed partner. Besides a wide range of products, Toni also has a customizable value chain and very fast deployment. Utilizing our "Pick-and-click" logic within our product modules enables us to quickly establish new products through a user-friendly, no-code approach.
Impact: The benefits for our partners are profound. They include a significant increase in margin, ranging from 10% to 20%, or alternatively, the ability to offer lower prices to end customers. Moving from a multi-partner model to a single provider streamlines operations and enhances efficiency. Transitioning from product-driven approaches to customer-centric solutions simplifies the offerings and aligns them more closely with customer needs. Embracing an API-first, cutting-edge technology platform replaces legacy systems, ensuring compatibility with modern technologies and facilitating seamless integration. Moreover, our accelerated product development cycle reduces the time to market from 18 months to just 2 months, allowing partners to respond swiftly to market demands and stay ahead of the competition.
Universality: Toni offers their customers the freedom to choose from a variety of insurance carriers to find the best solution for their risk profiles and coverage preferences.
The PPI Product:
Originality: The project innovates by breaking the conventional one-bank-one-insurer model, introducing a versatile insurance option that integrates with multiple banks, facilitated by a digital-first approach.
Impact: Belsura Credit Insurance significantly enhances consumer choice and promotes market competition by providing an affordable and flexible credit insurance alternative.
Universality: Its model, applicable to any consumer loan contract across Swiss banks, offers a universally accessible solution, especially for digital-savvy consumers seeking competitive loan protection options.
