OneDegree Makes Its First Investment in Thai SaaS Insurtech Eazy Digital
by Fintech News Hong Kong November 7, 2023Hong Kong’s insurtech OneDegree Global has made its first external investment in Eazy Digital, a Bangkok-based SaaS platform for insurance companies and brokers. The sum was not disclosed.
The investment is said to be a part of a strategic partnership between the two companies aimed at setting a new standard in Asia’s insurance sector.
OneDegree’s IXT, a scalable modern insurance platform, will be integrated with Eazy Digital’s AMS, enhancing lead management, automating labor-intensive tasks such as generating quotes, issuing policies, and processing endorsements, and offering real-time insights into key performance indicators (KPIs) and service level agreements (SLAs).
This integration is expected to empower insurance providers to quickly introduce new products to the market, create personalised, data-driven sales campaigns, and improve the accuracy and efficiency of their operations, thereby saving time and resources.
Harprem Doowa
“Today’s complex insurance landscape calls for agile, adaptive solutions. Our collaboration with OneDegree allows us to focus on our frontend platform while being able to provide a full packaged solution for insurance clients via the partnership and vice-versa.
It integrates the best of our offerings but provides a unique, scalable solution that puts unprecedented control back into the hands of insurers,”
said Harprem Doowa, Co-founder and CEO of Eazy Digital.
Michelle Ip
“Automation is no longer a luxury but a necessity for growth. This partnership offers advanced automation for mundane and complex tasks alike, enhancing agency efficiency and directly benefiting insurance revenue.
Our investment in Eazy Digital exemplifies our belief in the transformative power of this partnership, which we expect will bring mutual benefits for our existing and future clients.”
said Michelle Ip, Chief Commercial Officer of OneDegree.
