CoverGo, a Hong Kong-based insurtech and global no-code insurance SaaS platform, has launched CoverGo Distribution, an AI-powered platform designed for omnichannel insurance distribution.
CoverGo Distribution’s flexible architecture and advanced technology enable insurers, MGAs, brokers, and other stakeholders to distribute life, health, and P&C products across various channels.
These channels include direct, agent, broker, bancassurance, embedded insurance, and affinity partnerships.
The platform incorporates AI-enabled workflows, automation, patented no-code configuration capabilities, integration middleware APIs, and modern experience journeys.
These features help insurance businesses launch products quickly, boost conversions, reach new customers, reduce turnaround times and costs, provide seamless customer experiences, and streamline processes from quote to issuance and renewals without impacting existing core systems.
Even before the official launch, there has been significant demand for CoverGo Distribution, with early collaborations initiated with industry leaders such as AXA and several of the world’s largest broker companies across APAC, EMEA, and the Americas.
“The launch of CoverGo Distribution addresses the growing demand from insurers, MGAs, brokers, and other distributors who seek to elevate their distribution and increase sales in a flexible, scalable, and cost-effective manner using the latest technologies,”
said Tomas Holub, CEO and Founder of CoverGo.
“CoverGo Distribution is designed to enhance efficiency, productivity, and user experience for all stakeholders in the insurance distribution space and ultimately benefit end customers,”
he added.
Featured image credit: Edited from Freepik