'Transform in 60 Days' is a new, one-stop digitisation service for SME insurance businesses that want to leverage the benefits of digital sales and operations to boost growth and sharpen up operations.
The Go-Insur package provides a fast-track route to digital adoption for MGAs, brokers, and scheme providers, with the emphasis on ease, convenience, affordability, and delivering business results early.
70% held back by technology
Pancentric Director, Simon Fenn says:
“We know that a large percentage of insurance brokers are held back by technology. According to research we did last year, some 70% of the broker community confirm technology to be a business development blocker. Likewise, the majority of MGAs say innovation is key to their growth."
Time to level up the industry
The industry needs to increase SME access to digital capabilities - to level up. Our Go-Insur package aims to accelerate this movement. We can see a pent-up desire across the insurance community to get on the front foot digitally - to ‘upgrade’ long-standing businesses to modern, more competitive, digitally capable businesses, and to launch new innovations.
Despite the increasing choice of digital services and platforms, it is complex for SMEs to weigh up the options and confidently implement a joined-up solution. Most business owners don't have the appetite, time, or resources to pull this off and understandably they tend to prioritise their core insurance business activities. As a result, digital progress and change can be slow.
Enabling rapid digital adoption
Go-Insur has done the 'heavy-lifting' for the SME with a versatile core platform plugged into a family of best-in-market partner technologies. Importantly, the Go-Insur team offers direction and hand-holding (all support is UK-based) and the platform features can be switched on and off as the client's business plan demands.
Key features and benefits delivered by the Transform in 60 Days package:
- 24/7/365 digital quote & buy, seamlessly integrated into a modern, fully responsive website - increased sales, scalability, reduced handling costs.
- Self-serve portals for customers and brokers - expanded distribution, improved client servicing, increased operational resilience.
- Cloud admin & integrated CRM - step-change internal efficiencies, more effective management and nurture of customers.
- Ready-to-go service plug-ins - value-add features for customers, additional efficiencies e.g. virtual survey tools
Go-to digital insurance brand
Go-Insur is on a mission to be the trusted, go-to digital insurance brand for SMEs as well as an agile partner for larger players encumbered by legacy systems, who want to undertake rapid launch and testing of new market propositions.
The Transform in 60 Days package is also available to large groups and consolidators who want to upgrade digital capabilities across their networks.
A range of ancillary services is available via Pancentric Digital and its panel of partners including sourcing insurance capacity, digital marketing lead generation, email marketing automation, and custom application development.
Pancentric Digital is also part of the UK insurance DigitalBar benchmarking initiative, partnering with financial services consultancy Altus to champion best practice and to raise standards in the digital insurance space.