Qorus Innovation in Insurance Awards 2024

Insurance Infrastructure-as-a-Service for Inclusive Insurance

Submitted by
26/03/2024 Insurance Innovation


Revolutionize insurance: Our no-code system maps stakeholders, creating inclusive products for the underserved. Cut deployment costs by 70%, double efficiency, and slash insurance costs by 40%.

Innovation presentation

B4E Insurtech's Value Proposition

Problem Statement:

Insurance can be complex and costly, leaving many without coverage. This is especially true for those in underserved communities who struggle to access affordable insurance options.

Solution by B4E Insurtech:

B4E Insurtech provides digital tools to simplify insurance processes. Our platform enables insurers to create user-friendly and cost-effective insurance products tailored to underserved populations. By reducing the time and resources needed to develop new products, we empower insurers to expand coverage to those who need it most, without incurring high costs.

Uniqueness of the project

B4E Insurtech's software stands out for its innovative approach to simplifying and democratizing insurance. Unlike traditional insurance platforms, our software requires no coding expertise, making it accessible to a wide range of users. It offers a comprehensive solution that maps out the entire insurance ecosystem, from reinsurers to end consumers, ensuring seamless integration and efficient operation. What sets us apart is our focus on serving the underserved and uninsured populations globally, with specialized tools designed to create tailored insurance products that address their unique needs. By leveraging advanced technology and a partnership-centric model, B4E Insurtech empowers insurers to lower costs, increase efficiency, and reach previously untapped markets, ultimately driving positive change in the insurance industry.

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